Leveraged Buyouts

Private equity firms would continue to be interested in investing in the luxury car business of China, said William Shen of Headland Capital.

Denison is countering the Mega Uranium bid for Rockgate Capital with a bid of its own. The Canadian expert on uranium mining, Denison Mines Corp, whose operations span Canada, Mongolia, the United States and Zambia, is planning to submit an alternative bid for Rockgate Capital Corp.

Sentry Equipment Corp. announced its acquisition of Accurate Tool Company assets. Sentry Equipment Corp is a leading worldwide supplier of industrial sampling products and systems.

A bid for Alitalia was being reviewed by the Air France-KLM Group. The board of directors of Air France-KLM Group would meet on Sept. 23 to determine whether a bid for majority ownership over Alitalia SpA would be made.

Latest News

Today, Roadrunner Transportation Systems announced its acquisition of YES Trans Inc. valued approximately USD1.2 million in cash.

Packaging Corp of America's acquisition of Boise Inc would be funded by a bridge loan. A USD2 billion financing commitment was made available to Packaging Corp of America, a producer of corrugated shipping material.

Sources said the Oil & Natural Gas Corp (ONGC) would be buying a 12% stake in the Brazilian oil field owned by Petroleo Brasileiro (Petrobras).

Sources told Reuters that shareholders of Smithfield Foods Inc was close to approving the Chinese company's USD 4.7 billion offer.

On Wednesday, Ferrexpo PLC announced it had purchased a 14.4% stake in Ferrous Resources valued at USD80 million.

Equity LifeStyle Properties Inc. announced its acquisition of Fiesta Key RV Resort valued USD24.6 million and was paid with available cash.

Last Tuesday, Jana Partners LLC disclosed its acquisition of 6.2% stake in Safeway Inc. through a regulatory filing.

Pharmaceutical company Chiesi Farmaceutici SpA agreed on Monday to acquire the remaining stake it does not own in Cornerstone Therapeutics Inc for USD9.5 per share in cash.

Leap Wireless International Inc shareholders would meet next month to vote on AT&T's planned acquisition of the prepaid wireless carrier.

Huntsman Corp said it would be buying the titanium dioxide pigment business of Rockwood Holdings for USD 1.1 billion.