Blackberry shares jumped slightly as rumors of a buyout offer from its biggest shareholder became news.
Leveraged Buyouts
Acquisitions drive value of hearing-aid makers- Nordea
Nordea Bank said acquisitions had driven the growth of two European hearing aid manufacturers, William Demant Holdings and Sonova Holding.
PetroChina wants to invest in Russian gas fields- sources
Sources told Bloomberg that PetroChina Co has set aside USD 10 billion to invest in gas fields in Russia.
Umpqua nearing Sterling USD 1.8 Billion acquisition deal - sources
Sources who disclosed to Reuters that Umpqua Holdings Corp. (UMPQ) was in advanced stages of closing an acquisition of Sterling Financial Corp for USD1.8 billion.
South Korea Pension Fund increases stake in local firms as it eases disclosure requirement
The National Pension Service of South Korea increased its stake in six local companies as the government lengthened disclosure times for share purchases over 10%.
Latest News
The Fiat-VEBA deak was expected because of the absence of top executives in the Frankfurt Auto Show.
Politico publisher Robert Allbritton issued a statement on Monday saying that he acquired news Web site Capital New York for a small, undisclosed amount.
Virident is purchased by Western Digital for USD685 million in cash. Western Digital Corp, the hard drive manufacturer, announced its pending purchase of Virident Systems Inc, a flash memory manufacturer for servers.
In a letter to shareholders on Monday, septuagenarian billionaire Carl Icahn said he would be giving up the fight against Michael Dell and Silver Lake Partners's buyout of Dell Inc.
The Carlyle Group said it would buy the Red Oak power plant in New Jersey and announced the completion of the acquisition of five other facilities in California.
Apollo Global Management would be buying Evo Banco for USD 79 million. Apollo Global Management agreed to acquire Evo Banco for EUR 60 million or USD 79 million.
NYSE Euronext bought a minority stake in startup ACE Group Inc. NYSE Euronext acquired a minority stake in ACE Group Inc. No financial terms were disclosed.
Marubeni-Itochu Steel announced its purchase of US pipes trader Sooner Inc for USD 600 million. Marubeni-Itochu Steel Inc said it would purchase Sooner Inc for USD 600 million.
The Financial Times reported that Vodafone may not be able to acquire Kabel Deutschland for lack of shareholder approval.
