Sources told Reuters that Grohe got final offers for Geberit, Lixil and Duratex. Sources told Reuters that bathroom equipment manufacturer Grohe received bids from three of its peers.
Leveraged Buyouts
Link Group acquires Syncsoft to expand financial services
Australia's Link Group recently acquired superannuation administration software provider Syncsoft.
Pebble smartwatch says no thanks to acquisition by competition offers
In a tech conference in San Francisco, Pebble Technology founder Eric Migicovsky expressed his confidence on their smartwatch product against similar products of tech giants such as Samsung and Apple.
Japan’s Nissin in buyout talks with Capital Foods
Nissin Foods was reported to be in advanced discussions with India's Capital Foods for a possible buyout, said sources familiar with the matter.
KKR and Abraaj jockeying for 60% of Kudu
Kudu, the Saudi Arabian fast food chain, had opened bidding for 60% of its shares with KKR and Abraaj as the firms front running for the bids.
Latest News
According to sources who told Reuters, interest in buying BlackBerry Ltd was lukewarm that the company would have to break its business up to exit.
US Federal Trade Commission (FTC)'s Bureau of Competition cleared Honeywell International's proposed acquisition of Intermec on the condition that they license some key patents out to a competitor.
Integrated Electrical Services Inc. announced today the completion of acquisition of MISCOR Group Ltd. paid through a combination of cash and stock.
Analysts said Sanofi could buy back its L'Oreal shares with cheap debt to boost earnings. Sanofi Aventis' Chief Executive Officer said on Friday that repurchasing L'Oreal's 9% stake in the drugmaker might make sense.
Saudi Telecom, whose goal is to repay a USD1.2 billion debt, is planning to sell off its subsidiary to raise the funds.
General Growth Properties spent USD 567 million to repurchase shares, mostly from Pershing Square Capital Management.
According to a Forbes news magazine report by contributor Peter Cohan, Western Digital's subsidiary HGST bought Virident, a flash storage supplier, for USD685 million in cash.
Antitrust regulators in the European Union would review M&A deals to gauge their effects on local markets.
Fiat SpA chief executive officer Sergio Marchionne told reportersthat the merger between Italian automaker Fiat SpA and US automaker Chrysler Group LLC might be delayed because of a disagreement over the valuation of shares a retiree trust holds in Chrysler.
