Due to its expansion potential, private equity firm Nordic Capital has acquired logistics company Unifeeder from Montagu Private Equity.
Leveraged Buyouts
Indonesia's Mandala Air to acquire 18 Airbus A320 for $1.6 B by 2014
In a bid to capture middle class travel in Southeast Asia, Indonesian airline PT Mandala Airlines is set to spend $1.6 billion to buy 18 Airbus A320 planes by 2014.
MISC Bhd Receives Higher Bid from Petronas
Petronas, whose real business name is Petroliam Nasional Bhd, offered higher price to buyout shipping company.
Diageo Improves Offer for United Spirits of India
Diageo is improving its acquisition offer of United Spirits of India. Diageo, the UK drinks company has raised its bid offer for United Spirits of India through a public offer.
Hilco Reserves HMV for the Future
Hilco acquires HMV from its administrators. Hilco, the restructuring specialist recently announced that it had acquired British entertainment retailer HMV.
Latest News
VTB completes purchase of Tele2 Russia despite competitors crying foul. Tele2 announced Thursday that the acquisition by VTB of Tele2 has been completed.
Sterling Bancorp was purchased by Provident New York Bancorp for US$344 million. Provident New York Bancorp has announced its purchase of Sterling Bancorp through a stock deal amounting to US$344 million.
Billabong is currently priced at Aus$0.50, much lower than the estimated offer. Billabong International Ltd, the largest surf wear company in Australia, is being bidded out for as low as Aus$0.
Randstad purchases part of USG People's operations at Eur20 million. Randstad, the Dutch staffing firm has entered into an agreement to purchase part of USG People's European operations.
France Telecom and Deutsche Telekom venture in the UK EE is planning strategic changes. EE, Britain's largest mobile operator, is now undertaking plans to prepare for its initial public offering.
Mitsui Corp, one of the world's leading chemical makers purchases Heraeus Dental for Eur450 million.
Randstad and USG People reached a deal in which the former will buy some of the latter's European operations for 20 million euros.
International Airlines Group said it will be buying 18 787 Dreamliners from Boeing, which faced over lithium-ion battery overheating concerns.
Vodafone shareholders are thinking about whether they should sell the entire company to Verizon or just sell its 45% stake.
