Sources told Reuters that Suntory would be acquiring two drink brands of GlaxoSmithKline in a deal worth more than GBP 1 billion.
Leveraged Buyouts
American Tower shells USD4.8 billion for MIP Tower acquisition, to own Global Tower
American Tower said it would invest USD4.8 billion for the acquisition of MIP Tower Holdings LLC, parent of Global Tower Partners.
Mahindra Finance signs joint venture agreement with Woori Financials for SsangYong financing
A memorandum of understanding was signed for the financing of SsaangYong Motor in Korea. A memorandum of understanding was signed between Mahindra Finance and Woori financials.
E.ON Connecting Energies acquires Matrix
Matrix, the leading efficient energy management company, was purchased by E.ON Connecting Energies for an undisclosed amount.
Rothesay Life shareholdings purchased by institutional investors
Rothesay Life Insurance, the British insurance operations of Goldman Sachs Group, had agreed to sell 30% shareholdings to GIC and Blackstone.
Latest News
An Italian newspaper reported that the Italian government preferred the merger of Telecom Italia with Spain's Telefonica than have Naguid Sawiris acquire a stake in the firm.
Traditional insurer American Family Insurance buys out online insurance provider Homesite Group Inc for USD616 million.
According to the Latin American Venture Capital Association, there has been a 100% increase in value and volume for the market for the first half of 2013.
German publisher Axel Springer withdrew from the race to bid for 30% of Deutsche Telekom's Scout24.
According to a Reuters report, the US government would likely give its approval for the Smithfield Food Corp. and Shuanghui International Holdings USD4.7 billion deal.
KKR & Co LP said that it had agreed to purchase a property claims software firm called Mitchell International for around USD1.5 billion.
A Thailand based trader was ordered to pay USD5.2 million to settle civil charges filed against him for publicly trading call options and single stock futures before the announced acquisition plan of Shuanghui International Holdings for Smithfield Foods Corp.
According to a Delaware judge, ample time would be needed prior to the start of the trial for the Fiat-Chrysler deal.
Caixa Seguros bidders whittled down to two. The government of Portugal had decided to include two companies as bidders for the privatization of insurance arm of state bank Caixa Geral de Depositos.
