First Quantum Minerals Ltd. says it has enough support from its shareholders to buy rival Inmet Mining Corp. in a C$5.1 billion deal.
Leveraged Buyouts
IPO Set for Bausch & Lomb
Warburg Pincus opens Bausch & Lomb for IPO at the same time seeking purchaser for the company. Bausch & Lomb Holdings Inc has recently filed papers with US regulators for its initial public offering.
US Leads M&A Charge as Doldrums Hit Europe and Asia
The US, with its latest megadeals, lead the volume in mergers and acquisitions, overshadowing the bleak future of Europe and Asia.
AXA Profits Up From PE Sale
AXA stands to earn from purchase of its private equity subsidiary. In a statement, AXA is expecting to receive Eur 200 million or US$259. 94 million gain from the buyout of its private equity unit.
First Quantum Acquires Inmet
After a bitter battle, First Quantum wins shareholder support for Inmet. In a statement, First Quantum Minerals has said it has gathered enough shareholder support to be able to take over Inmet Mining.
Latest News
Schroders reveals that it was planning to acquire smaller rival Cazenove as it sees rise in its assets.
Temenos, a Swiss financial services software provider, said it completes its acquisition of U.S.-based compliance technology firm TriNovus in addition to its 800 institutional clients.
Life Tech gains interest from buyout consortiums and pharmaceutical firms. Life Technologies Corp is up for sale and many important players in the industry are taking notice.
Court approves sales of Hostess brands. In a decision, the bankruptcy court judge decided that the Hostess Brand would be allowed to be sold to prospective buyers.
REIT American Realty offers to buy Cole Credit. American Realty Capital Properties Inc, the American real estate investment trust, announced that it offered to purchase unlisted Cole Credit Property Trust III Inc.
GEP purchases Bergmann Automotive and forms new entity. In a recent move, the fund German Equity Partners IV has acquired all of the outstanding stock of Bergmann Automotive GmBH.
Terms on the purchase of Sleek Group by Asian Paints undisclosed. In a recent move, Asian Paints recently purchased 51% of the Sleek Group. This is in pursuit of its exploration of the home improvement market opportunities through the one of the top firms in the modern kitchen space market.
Yahoo to purchase 75% of Dailymotion. One of the Internet world's most popular video websites Dailymotion is now in discussion with Yahoo Inc. This deal, once it pushes through, may become one of the largest ones to date by Yahoo CEO Marissa Mayer since taking over leadership duties last July.
BGI-Shenzhen acquires Complete Genomics after regulatory approvals from China and the US were obtained.
