M&A Editorial News

Bernard Matthews in talks for sale: spokesman

UK-based turkey farmer and food manufacturer Bernard Matthews could be nearing the sale of a stake in the business, according to a company spokesman....

Posted on Tue, 21 May 2013 14:27:03 GMT | Read more...

Genesys to buy Soundbite Communications

Privately-held call centre software maker Genesys Telecommunications Laboratory has agreed to acquire Nasdaq-listed SoundBite Communications in a deal designed to strengthen the Californian company’s cloud products portfolio....

Posted on Tue, 21 May 2013 14:25:01 GMT | Read more...

Smashburger to float: Bloomberg

US-based fast food chain Smashburger could be on the way to an initial public offering (IPO), according to Bloomberg, citing the company’s chief executive....

Posted on Tue, 21 May 2013 14:17:23 GMT | Read more...

Allianz could decide to exit Oddo

French insurer Allianz France, which operates through its holding company Assurances Générales de France (AGF) is planning to offload its 20.0 per cent holding in investment banker and asset manager Oddo, according to Les Echos, citing a person with knowledge of the matter....

Posted on Tue, 21 May 2013 12:29:47 GMT | Read more...

BlackRock moves into Asia with MGPA buy

US asset manager BlackRock has signed on the dotted line to acquire independently-managed Singaporean private equity investor MGPA in a deal that gives a major boost to its property arm....

Posted on Tue, 21 May 2013 12:26:08 GMT | Read more...

Pactera receives USD 680m take-private offer

Chinese technology outsourcing group Pactera confirmed its management has teamed with US buyout major Blackstone to make a non-binding proposal to acquire the Nasdaq-listed group at a substantial premium....

Posted on Tue, 21 May 2013 10:38:22 GMT | Read more...

LightSquared now on Dish radar: Reuters

Broadband firm LightSquared has piqued the interest of satellite broadcaster Dish Network, a source close to the latter’s chief executive told Reuters....

Posted on Tue, 21 May 2013 10:33:06 GMT | Read more...

Oz investor to make unsolicited bid for Trustpower

New Zealand electricity company TrustPower is about to be on the receiving end of an unsolicited bid from an Australian investment firm at a third less than its current trading price....

Posted on Tue, 21 May 2013 08:09:01 GMT | Read more...

Tyrrells goes on the block: Telegraph

UK-based potato crisp manufacturer Tyrrells could be about to have a new owner, according to the Telegraph, without citing sources....

Posted on Mon, 20 May 2013 14:43:22 GMT | Read more...

Alvarion eyes cash call

Israel’s Alvarion, which provides wireless broadband products and services for public and private networks, is looking into the possibility of shoring up its capital reserves by raising equity....

Posted on Mon, 20 May 2013 13:19:31 GMT | Read more...

Peps prepared to shed majority stake to PE: ET

Mattress maker Peps India is talking to private equity players New Silk Route, Everstone Capital and Warburg Pincus about the possibility of raising around INR 2.00 billion (USD 36.24 million) in exchange for a majority stake, three people familiar with the matter told the Economic Times (ET). ...

Posted on Mon, 20 May 2013 11:56:19 GMT | Read more...

Syniverse to get approval for Mach purchase: Reuters

US telecommunications player Syniverse Technologies is on the verge of receiving the green light from the European Union for the planned purchase of Mach, its Luxembourg-headquartered peer, undisclosed sources told Reuters....

Posted on Mon, 20 May 2013 10:56:05 GMT | Read more...

‘Chinese online majors eye NQ Mobile’

Tencent and Baidu are going head to head in the battle for Chinese mobile antivirus software firm NQ Mobile, according to TechinAsia, which cited industry rumours....

Posted on Mon, 20 May 2013 09:10:09 GMT | Read more...

Global Strategic Metals seeks funds

Global Strategic Metals, the Australian precious and base metals exploration company formerly known as East Coast Minerals, is setting the wheels in motion for a cash call worth up to AUD 10.00 million (USD 9.85 million)....

Posted on Fri, 17 May 2013 14:54:47 GMT | Read more...

Fimalac in talks for Webedia stake

French credit rating and risk management holding company Fimalac is in exclusive negotiations to buy an undisclosed majority shareholding in Webedia, a provider of digital media services headquartered in Paris....

Posted on Fri, 17 May 2013 14:47:07 GMT | Read more...

NFS to acquire CSC’s flood insurance BPO arm

National Flood Services (NFS), a subsidiary of software group StoneRiver, is buying the flood insurance business process outsourcing (BPO) unit of Computer Sciences Corporation (CSC) for USD 46.00 million in cash to add government contracting and commercial BPO services to its portfolio....

Posted on Fri, 17 May 2013 14:46:57 GMT | Read more...

BSN Sports merging with Herff Jones

US sporting goods marketer BSN Sports will merge with Herff Jones, a manufacturer of graduation-related educational recognition and achievement products....

Posted on Fri, 17 May 2013 14:17:18 GMT | Read more...

‘Yahoo! could take a plunge with Tumblr’

Ageing Silicon Valley internet giant Yahoo! is seriously considering some kind of tie-up with social blogging platform Tumblr in a bid to gain access to a younger audience and revamp its demographic image, according to recent media articles. ...

Posted on Fri, 17 May 2013 14:16:36 GMT | Read more...

I-Venture seeks a slice of Adlabs Imagica: ToI

ICICI Venture (I-Venture) is thrashing out an agreement to invest USD 50.00 million in Adlabs Imagica theme park, owned by entrepreneur and media industry veteran Manmohan Shetty, people with direct knowledge of the matter told the Times of India (ToI)....

Posted on Fri, 17 May 2013 13:39:31 GMT | Read more...

NPR raises funds to buy assets

Nippon Prologis (NPR), a Japanese real estate investment trust set up by US warehousing giant Prologis, is tapping investors for cash in a multi-million dollar stock offering aimed at funding the USD 1.30 billion acquisition of local properties....

Posted on Fri, 17 May 2013 13:37:24 GMT | Read more...

Mahle to pick up remaining Behr stake

German automotive parts manufacturer Mahle is planning to buy the remaining 49.0 per cent stake it does not already own in its domestic peer Behr....

Posted on Fri, 17 May 2013 12:11:33 GMT | Read more...

Jay’s moving in with Mullen

Canadian transportation group Mullen has agreed to buy privately-held Jay’s Moving & Storage for an undisclosed sum in a deal slated to close on 1st June....

Posted on Fri, 17 May 2013 11:57:15 GMT | Read more...

Estrada to sell Sritex stake following IPO

A shareholder of Sri Rejeki Isman is considering cashing in on its investment once the Indonesian integrated textile producer completes a domestic initial public offering (IPO) worth in the region of USD 153.45 million next month....

Posted on Fri, 17 May 2013 11:51:40 GMT | Read more...

Season agrees deal for Outsource Electronics

US-based electronics manufacturer Season has revealed a transaction through which it will acquire Outsource Electronics, a UK-headquartered maker of printed circuit boards....

Posted on Fri, 17 May 2013 11:42:14 GMT | Read more...

PE firms line up for stake in Biba, AND labels: Livemint

At least six private equity players are vying for Future Ventures’ stake in clothing brands Biba and AND which could jointly be worth INR 4.50 billion to INR 5.00 billion (USD 82.27 million to USD 91.41 million), two people in the know told Wall Street Journal affiliate, Livemint....

Posted on Fri, 17 May 2013 10:42:46 GMT | Read more...