Leveraged Buyouts
Direct Energy to acquire Bounce Energy for US$46 million
Direct Energy announced that they have reached an agreement to acquire Bounce Energy for US$46 million
Mitsubishi Tanabe Pharma to acquire Medicago for US$357 million
MPTC to acquire 60% stake claim for Medicago for US$357 million Medicago Inc announced that it has entered into a definitive agreement with Mitsubishi Tanabe Pharma Corporation (MPTC).
Z Capital acquires minority stake of Neways
Z Capital acquires minority ownership of Neways. Z Capital Partners, L. L. C. announced that they have acquired the minority ownership of Neways Enterprises.
Centrica's subsidiary to acquire Bounce Energy
Centrica's subsidiary,Direct Energy, has agreed to acquire Bounce Energy. Centrica PLC's subsidiary, Direct Energy, agreed to acquire Bounce Energy for US$46 million in cash.
Latest News
Today, The Eads Company announced completion of its acquisition transaction for Oklahoma based Jatasco Inc.
RWE and Qatar are currently holding talks about possible purchase of RWE's DEA oil and gas exploration and production unit.
Orix Corp. stated it would invest half a billion dollars in fast growing markets. Japan's most active financial firm in acquisition, Orix Corp. , revealed plans to spend JPY50 billion (US$506 million) on buyouts around Southeast Asia and the Middle East within the next 12 months tapping on faster-growing markets.
Billionaire investor Carl Icahn said in an interview with Bloomberg TV his planned sweetening of his takeover bid for Dell Inc with an additional warrant offer.
Lloyds Banking Group shares set to be sold to retail investors Lloyds Banking Group announced that half of the government's GBP18 billion stakes in Lloyds is expected to be sold to retail investors.
Icahn offered Dell Inc. shareholder improved deal and a warrant. Billionaire investor Carl Icahn revealed that he wants Michael Dell to improve his US$24.
Three shareholders at Dell Inc said that they would vote against Michael Dell and Silver Lake’s proposed buyout offer valued at US$24.4 billion.
Samin Tan agreed to buy Bumi Plc shares for US$223 million Coal tycoon Samin Tan has agreed to a US $223 million deal that would elevate his stakes in Bumi Plc to over 47%.
Schneider Electric announced that they are in early talks to buy Invensys for US$5billion. Schneider Electric announced that they are in early talks to buy Invensys Plc.
Enstar Grouped acquired Torus Insurance in a US$692 million agreement. Enstar Group announced today that it acquired Torus Insurance for US$692 million.