Leveraged Buyouts
AXA PE Sells Off Interest
AXA PE sells off its shareholdings in Duplomatico Oleodinamica. AXA Private Equity has sold its interest in Duplomatic Oleodinamica, the Italian industrial supplier to Progressio SGR.
Latest Bid Lowballs Billabong Value
The latest bid is now subject to exclusive talks between Billabong and Naude-Sycamore consortium. Billabong International Ltd, the Australian surfwear company is now entering a ten (10) days of exclusive discussions with a consortium for a takeover bid.
Hutchison Whampoa to purchase shares
Hutchison Whampoa is purchasing Telecom Italia shares. It is viewed that Hutchison Whampoa is eyeing a 29. 9% stake in Telekom Italia. This is part of a deal that would give the Italian company local business in the country 3 Italia an opening in the market.
Ericsson Completes Microsoft IPTV Business
Ericsson has purchased Mediaroom IPTV from Microsoft for an undisclosed amount. Ericsson, the telecommunications equipment manufacturer from Sweden has formalized a deal to purchase Mediaroom IPTV from Microsoft.