Yury Kovalchuk's Bank Rossiya and his partners purchased a 50% stake in the Russian unit of Tele2.
Leveraged Buyouts
Any Blackberry deal by Lenovo may face regulatory hurdle - source
The Investment Canada Act would be a major hurdle for foreign companies like Lenovo who wish to acquire Blackberry as a whole or in parts.
L'Oreal to acquire two Shiseido brands
Japan hair and cosmetics company Shiseido on Thursday said it had been discussing with L'Oreal about the latter's acquisition of the Decleor and Carita skincare brands for EUR230 million or USD314.3 million.
New Dell board down to three seats
With Michael Dell owning 75% of his company, the new board would consist of himself and two other appointees from Silver Lake Management.
Hyundai Steel to make Hyundai Motor as its captive customer
The takeover of the Hysco businss ensures steady supply of steel for Hyundai Motor Corp. Parent company Hyundai Steel Co had laid out plans to take over the core business of its subsidiary Hyundai Hysco Co.
Latest News
One Group LLC, owner of the STK steakhouse chain, would be merging with Committed Capital Acquisition Corp, said a Wall Street Journal report.
Italian confectionery firm Ferrero said through its spokesman that reports about the company receiving acquisition offers were complete fabrications.
The Singapore Stock Exchange had questioned the authority of Asiasons Capital to issue new shares for the acquisition of a stake in a US oil and gas company.
Jos. A. Bank Chairman Robert Wildrick said in an interview last Wednesday that the US apparel retailer had received strong support from top shareholders in the company for its Men's Wearhouse Inc. bid valued USD2.3 billion.
Swiss luxury group Richemont received a non-binding offer from Change Capital Partners for its leather goods maker Lancel, said sources who were close to the matter.
Swiss Re set to formalize a USD425 million investment for 12.3% of FWD. An investment worth USD425 million was agreed upon between Swiss Re and FWD Group, HK entrepreneur Richard Li's insurance firm.
GI Partners' Datacore LP acquires Regent Commons, a property with LEED certification located near the Dallas Fort Worth International Airport.
Dutch cable company Ziggo had rejected the preliminary takeover offer from Liberty Global Plc saying that the bid was inadequate, reported Bloomberg.
The consortium comprising of Indian Oil, ONGC Videsh and Oil India, as well as Repsol SA, would not be exercising the right of pre-emption of the vacated shares in the oil project previously owned by Petronas of Malaysia.
