Editorial News

EDF ponders Sutton Bridge plant sale

Energy giant EDF is looking into the sale of a UK power station, according to a London Stock Exchange announcement filed by Sutton Bridge Financing today....

Posted on Wed, 22 Feb 2012 16:24:44 GMT | Read more...

Buyout for Godrej Hershey?

Indian private equity investor IL & FS Investment Managers (IIML) could be about to acquire a majority share in food and drink producer Godrej Hershey, according to an Economic Times (ET) report which cited investment banking officials. ...

Posted on Wed, 22 Feb 2012 15:48:23 GMT | Read more...

Staropramen brewer up for sale: WSJ

European breweries are looking into a potential acquisition of Czech lager producer StarBev, and may be willing to pay up to USD 3.00 billion, individuals with knowledge of the situation have told the Wall Street Journal (WSJ)....

Posted on Wed, 22 Feb 2012 11:48:30 GMT | Read more...

CSR shares spike on news of GBP 50m buy back

Wireless technology developer CSR is planning a share repurchase of up to USD 50.00 million, giving stockholders a windfall as the company enjoys a surplus of cash....

Posted on Wed, 22 Feb 2012 09:13:16 GMT | Read more...

URS in CAD 1.25 bn takeover of Flint Energy

US engineering firm URS Corporation has announced an offer for Flint Energy Services, a Canadian energy and resource construction business, for CAD 1.25 billion....

Posted on Tue, 21 Feb 2012 16:20:39 GMT | Read more...

Atine Group to launch offer for Oral Hammaslääkärit

By crossing a threshold of 30.0 per cent ownership on Monday, Atine Group has triggered an obligation to make a mandatory offer for the remaining 70.0 per cent stake in Oral Hammaslääkärit, a chain of dental practices in Finland....

Posted on Tue, 21 Feb 2012 16:09:19 GMT | Read more...

Abraaj makes strategic buy with Aureos

Middle Eastern buyout house Abraaj Capital has agreed to buy emerging markets specialist fund manager Aureos, in a move which strengthens the Dubai-based private equity firm’s global presence....

Posted on Tue, 21 Feb 2012 15:58:50 GMT | Read more...

Tashir eyes up Cavalli: Il Sole 24 Ore

Russian conglomerate Tashir is keen to buy Italian luxury fashion company Roberto Cavalli from its eponymous owner, business daily Il Sole 24 Ore reported today....

Posted on Tue, 21 Feb 2012 15:52:40 GMT | Read more...

Dragon Oil weighing up offer for Bowleven

UK natural resources company Dragon Oil is weighing up a potential takeover offer for 100 per cent of Bowleven, an oil and gas group based in Edinburgh....

Posted on Mon, 20 Feb 2012 16:19:26 GMT | Read more...

Mahindra Satyam ‘nears deal to buy stake in Bharti software arm’

India’s Mahindra Satyam is on the verge of buying a minority stake in Comviva Technologies, the mobile software development business of Bharti Enterprises, sources familiar with the development told the Financial Express....

Posted on Mon, 20 Feb 2012 15:39:36 GMT | Read more...

Optus tunes into vividwireless

Australian investor Seven Group Holdings (SGH) today announced it is to sell New South Wales-based 4G broadband provider vividwireless to Optus Mobile, a subsidiary of Singapore’s SingTel, for AUD 230.00 million (USD 246.44 million)....

Posted on Mon, 20 Feb 2012 13:42:06 GMT | Read more...

Air Australia administrators look for buyer, passengers stranded

Antipodean domestic and international carrier Air Australia entered administration today, leaving thousands of passengers stranded in Hawaii and Thailand....

Posted on Mon, 20 Feb 2012 08:37:12 GMT | Read more...

Advent and GS Capital to buy TransUnion for USD 3bn

US credit scoring agency TransUnion today announced it is to be purchased by private equity firms Advent International and GS Capital Partners in a deal priced at more than USD 3.00 billion....

Posted on Fri, 17 Feb 2012 16:24:58 GMT | Read more...

CBD acquires Westinghouse Solar

Australian renewable energy business CBD Energy today declared it is in talks concerning a merger with Westinghouse Solar, a listed US manufacturer of solar panels....

Posted on Fri, 17 Feb 2012 15:55:31 GMT | Read more...

Icahn gets hostile with CVR Energy

Billionaire activist investor Carl Icahn plans to launch a hostile bid for Sugar Land, Texas-based CVR Energy, just days after saying the corporation should put itself up for sale. ...

Posted on Fri, 17 Feb 2012 14:47:44 GMT | Read more...

Anglian Resources explores Aim listing: GCI

British oil and gas business Anglian Resources is planning to launch an initial public offering (IPO) on London’s Alternative Investment Market (Aim), according to a Growth Company Investor (GCI) report....

Posted on Fri, 17 Feb 2012 09:25:13 GMT | Read more...

Mondi makes an offer for remaining stake in Mondi Swiecie

Mondi, the South African paper and packaging group, announced it has launched an offer to acquire the remaining 34.0 per cent of Warsaw-listed Mondi Swiecie, its Polish subsidiary. ...

Posted on Fri, 17 Feb 2012 09:20:39 GMT | Read more...

Aegis eyeing IPO at home or abroad: Reuters

Indian business process outsourcing (BPO) group Aegis will be going public, if plans outlined by chief executive Agarup Sengupta, and picked up by Reuters, come to fruition....

Posted on Fri, 17 Feb 2012 08:46:40 GMT | Read more...

Billabong receives offer from TPG: AFR

Australian surfwear company Billabong International has received a takeover offer from US private equity house TPG Capital, according to a report published today by the Australian Financial Review (AFR)....

Posted on Thu, 16 Feb 2012 15:30:12 GMT | Read more...

Elektra hopes to cash in with Advance America

Mexican financial services concern Grupo Elektra today announced it is to acquire Advance America Cash Advance Centers, a listed US payday loan provider, for USD 780.00 million including debt assumption....

Posted on Thu, 16 Feb 2012 13:49:16 GMT | Read more...

Talvivaara announces new placement

Finnish natural resources business Talvivaara Mining Company today declared it is to issue new shares, or around 10.0 per cent of the enterprise’s current capital, in a placing to both new and existing institutional stockholders....

Posted on Thu, 16 Feb 2012 13:45:19 GMT | Read more...

Kellogg's to buy Pringles crisps brand

Kellogg Company today declared it is to purchase the world-famous Pringles crisp brand from Procter & Gamble (P&G) in a USD 2.70 billion cash deal aimed at making the buyer’s snacks business as successful as its cereal products....

Posted on Wed, 15 Feb 2012 17:00:25 GMT | Read more...

OSG files for potential fundraising

Listed US energy transportation company Overseas Shipholding Group (OSG) has staked its claim to a fundraising of up to USD 500.00 million....

Posted on Wed, 15 Feb 2012 15:15:55 GMT | Read more...

Ironclad to raise new funds for magnetite project

Australian natural resources company Ironclad Mining announced that its request for a trading halt pending a company announcement has been granted. ...

Posted on Wed, 15 Feb 2012 15:10:20 GMT | Read more...

France Telecom submits offer for Mobinil

France Télécom signed a non-binding memorandum of understanding to acquire the remaining stake in Egyptian Company for Mobile Services (Mobinil) from Orascom Telecom Holding....

Posted on Wed, 15 Feb 2012 14:51:29 GMT | Read more...