Leveraged Buyouts
Coms PLC completes GBP9.5 million acquisition of Redstone
Telecommunications and information technology (IT) service provider Coms PLC announced that it has completed the acquisition of Redstone Converged Solutions Ltd in a deal valued at GBP9.5 million.
BIS Industries buys Powertrans for USD30 million
Australia-based mining logistics firm BIS Industries is buying industrial transport company Powertrans for USD30 million in a debt-funded transaction which will be finalized in January.
Charter hall completes equity raising for Rosebud Plaza acquisition
Charter Hall Retail REIT completed a fully underwritten USD80 million institutional placement for the partial funding of its Rosebud Plaza acquisition, according to the company's statement to the Australian Securities Exchange.
Pfizer Ltd to take over Wyeth Ltd
A Saturday announcement revealed that Pfizer Ltd, Pfizer Inc's Indian unit, would be merging with its local affiliate Wyeth Ltd after both pharmaceutical firms' boards approved the deal.