State-backed China National Offshore Oil Corp might have overpaid for the acquisition of Canada-based Nexen Inc, according to a Reuters special report.
Leveraged Buyouts
Baring Private Equity Asia closes purchase of Hexaware Technologies
Baring Private Equity Asia completed its acquisition of India-based outsourcing firm Hexaware Technologies.
Del Monte Pacific agrees to purchase Del Monte Foods Co
Philippines-based Del Monte Pacific agreed to acquire San Francisco-based Del Monte Foods Co for USD 1.68 billion.
Private equity groups eye purchase of theater group Ambassador- report
The Telegraph reported that several private equity groups were invited to bid for a controlling stake of Ambassador.
Citizens worth more if sold- banker
The American retail banking unit of the Royal Bank of Scotland would be worth more if sold, according to a Wall Street banker.
Latest News
According to sources, there were at least seven bidders interested in acquiring a minority stake in Italian fashion house, Versace.
Activision regains independence after it bought back shares from Vivendi SA. A group led by Activision CEO Bobby Kotick in partnership with Activision Blizzard Inc recently completed a buyout worth USD8.
The price of USD315 million is what KIK Customs paid for Chemtura Corp's consumer product business.
BlackBerry's co-founders had showed interest in acquiring the struggling smartphone manufacturer, said a report by The Economic Times.
In its second largest acquisition in the past six months, KKR had acquired 30% of India's Gland Pharma for USD150 million.
Mitsubishi UFJ Trust and Banking Corp announced the completion of its acquisition of Butterfield Fulcrum Group, now known as Mitsubishi UFJ Fund Services.
Samsung Electronics Co Ltd issued a statement to deny reports of its acquisition of Fingerprint Cards AB for USD650 million.
Otsuka Pharmaceutical announced today the completed acquisition of Astex Pharmaceuticals in a deal valued around USD900 million.
WR Grace & Co would be buying the polypropylene licensing and catalyst division of Dow Chemical Co for USD 500 million.
