Leveraged Buyouts
Sarissa Capital buys 6.22% stake in Ariad Pharmaceuticals
Sarissa Capital Management acquired a 6.22% ownership stake in biotechnology firm Ariad Pharmaceuticals.
Blackstone bets on more Spanish real estate- sources
Sources said Blackstone would be making a bet for regional government properties in Spain after its July acquisition.
Iliad's Xavier Niel examines acquisition targets- sources
French billionaire Xavier Niel was looking at possible deals with phone companies in Europe, sources told Bloomberg.
Former Co-op chief says executives have doubts over viability of Lloyds banking unit acquisition
Former Co-operative Group chief executive Barry Tootell said he and other company executives had doubts over the capability of the mutual fund to acquire 632 Lloyds Banking Group branches for USD750 million.
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CVSL Inc offered to buy Blyth Inc for USD 268 million, according to sources interviewed by Bloomberg.
Hypermarcas would be repurchasing 40% worth of its USD 750 million outstanding global bonds that would expire on in 2021.
General Growth Properties bought a 50% stake in urban stores in San Francisco for USD 82 million. General Growth Properties Inc purchased stakes in two buildings in San Francisco.
The consolidation of Anheuser-Busch InBev and SABMiller was a natural progression when there were only a few markets to tap, said industry analysts.
Analysts said the European Commission's approval of Actelion's lung disease drug would have potential investors bid for the Switzerland-based drugmaker.
UK-based security services provider G4S did not want the GBP1.55 billion offer extended by private equity firm Charterhouse Capital Partners.
A source told Bloomberg that Virtela Technology Services would be bought by NTT Communications Corp for USD 512 million.
Sources told Reuters that Patton Boggs was talking with another law firm for a possible merger. Sources told Reuters that Washington-based law firm Patton Boggs was in merger discussions with a larger law firm.
After accepting Yue Xiu Group's takeover bid, shares of Chong Hing Bank dropped the most in five weeks.
Nexon Co would be doing more deals to enhance market share and increase revenues in North America. Japanese online games maker Nexon Co said it would be looking more deals to increase its revenues in the US.