The Riverside Company announced its purchase of Rutland Plastics for an undisclosed amount. The Riverside Company announced that it had purchased Rutland Plastics.
Leveraged Buyouts
Raiffeisen Bank plans minority share buyout of Croatian unit
Raiffeisen Bank International said it would be buying out the minority stake in its Croatian business.
Yanchang Petroleum agrees CAD 232 million acquisition of Novus Energy
Yanchang Petroleum would be purchasing Novus Energy CAD 232 million or USD 220 million. Yanchang Petroleum International would acquire Novus Energy for CAD 232 million or USD 220 million.
Bright Food Group in 'preliminary' talks for stake purchase in Tnuva Food Industries
China-based Bright Food Group has planned to buy a stake in Israel's Tnuva Food Industries. Bright Food Group Co said it could buy a stake in Tnuva Food Industries Ltd.
Packer's Cavalane Holdings acquires Zillow stake
Australian tycoon James Packer bought a 9.4% stake in US real estate website Zillow Inc. James Packer acquired a 9. 4% stake in Zillow Inc. Cavalane Holdings, of which Packer holds a controlling stake, purchased 3 million shares in the US real estate website.
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Aquiline Capital Partners and Genstar Capital Management announced that they had closed their acquisition of Genworth Wealth Management in a deal valued at USD 412.5 million.
In an announcement, Actix was acquired by Amdocs for a purchase price of USD120 million. One of the leading providers for customer experience services and systems announced its entry into an agreement to purchase privately held Actix for the price of USD120 million in cash.
While the terms remained private, Estancia purchases a minority stake in Equinoxe. One of the leading private equity funds that focus on global asset management and other related business industries, Estancia Capital Partners LP, recently announced its acquisition of a minority interest in Equinoxe Alternative Investment Services.
The projected bond issue for the Verizon-Vodafone exit deal would exceed the previous high set by Apple.
Sources told the Wall Street Journal that consumer goods maker Jarden Corp would buy scented candle maker Yankee Candle for USD 1.75 billion.
Verizon CEO's demeanor and relationship with Vodafone was key to the deal being finalized. The stage for the USD130 billion buyout of erstwhile partner buyout of Vodafone Group Plc from the venture in Verizon Wireless was set two years ago.
Microsoft said it would be buying the handset business of Finnish company Nokia for EUR5.44 billion or USD7.2 billion, with Nokia CEO Elop and other senior executives transferring to the American multinational software firm.
TDF set its floor price for its sale at EUR4 billion but offers made were below the said price. Telediffusion de France, the broadcast tower operator, had received from Dering Capital a non-binding offer worth EUR3.
Former bankers returned home to Verizon to provide advisory assistance For bankers giving guidance and advice to Verizon Communications Inc, it had been a ten year long wait to be able to formalize the USD130 billion deal to take full control of Verizon Wireless.
