Temasek Holdings Ltd purchases US$500 million stake in Markit Group. The sovereign wealth investment fund of Singapore, Temasek Holdings Ltd is now in discussion with Markit Group for the purchase of shareholdings estimated to be around US$500 million.
Leveraged Buyouts
GE Obtains Antitrust Approval for Lufkin Purchase
GE obtains approval from the Federal Trade Commission for its purchase of Lufkin pumps. General Electric Co obtained antitrust approval to purchase oilfield pump manufacturer Lufkin Industries Inc.
Sale of CheckView Completed
Checkview recently concluded transfer and acquisition of Checkpoint. In an announcement made by Checkpoint Sytems, Inc today, it disclosed that the sale of its Canadian and US Checkview organization to an associate of Platinum Equity was recently concluded.
CTPartners Purchases Augmentum
CTPartners acquires Augmentum for an undisclosed amount. CTPartners Executive Search Inc, a publicly listed company in the NYSE, has announced that it has purchased Augmentum Consulting Ltd, the premier executive search firm in London.
BC Partners Offer US$1 Billion for Allflex
BC Partners offered over US$1.3 billion for Allflex. On Friday, Electra Partners announced that BC Partners offered US$1. 3 billion to purchase Allflex.
Latest News
Westlake Chemicals purchases the pipe and foundation group business of Certain Teed. Westlake Chemical, the specialty chemicals producer, has purchased the business of Certain Teed, which includes PVC pipe, fittings, foundation and profiles.
OfficeMax faces suit from investor for breach of fiduciary duties. An OfficeMax Inc shareholder has filed suit against the directors of the company as it seeks to stop the takeover by Office Depot Inc.
Verizon CEO said that it would not pay premium for buyout of Vodafone in its joint venture. According to Verizon Communications CEO Lowell McAdam it would like to buy out its joint venture partner Vodafone but will not do so at any cost.
Roper purchases Managed Health Care Associates for an estimated US$1 billion. Industrial manufacturing specialist Roper has recently acquired Managed Health Care Associates.
STX Corp to sell STX Energy Co shares to Hahn & Company. An STX spokesman confirmed Friday that STX Corp would be selling off 43. 15% shareholdings in its afflilate STX Energy Co Ltd to private equity firm Hahn & Company.
Markel Corp announces the acquisition of Alterra Capital. Markel Corporation announced that it has completed the purchase and acquisition of Alterra Capital Holdings Ltd.
Dean Foods spins off WhiteWave Foods. US based food and beverage company, Dean Foods Company, signed the spin off from The WhiteWave Foods Company. In an announcement, the board of directors had consented to the distribution of the residual equity interest in The WhiteWave Foods Company to stockholders of Dean Foods.
Aytos Soditic completes acquisition of four Sage subsidiaries. Argos Soditic has announced the completion of the acquisition of four Sage subsidiaries that specialize in software edition for vertical markets.
High Road Capital purchases Dowden Medical Communications Group. In an announcement, High Road Capital Partners said that its portfolio firm Dowden Medical Communications Group has finalized its second add-on acquisition through the purchase of Tricore.
