Global Ports Investments announced that it had agreed to acquire the National Container Company for USD 652 million.
Leveraged Buyouts
OTP Bank prepares offer for state owned shares in Takarekbank
OTP Bank had prepared to purchase the shares owned by the Hungarian Post Office and the Hungarian development bank.
FT: Private equity firms in running for Spain's EVO Banco
Private equity companies Centerbridge and Anacap had been included in the list of bidders for Spain's smaller nationalized lenders.
Indofood offers USD383M for the rest of China Minzhong
PT Indofood Sukses Makmur offered SGD488 million in cash for the vegetable processing firm Minzhong Food Corp.
WPP Plc buys stake in Candyspace
WPP Plc announced its purchase of a stake in the multi-platform agency Candyspace Media Ltd. WPP Plc, the advertising firm, announced it had acquired a minority stake in Candyspace Media Ltd, a multi-platform agency based in the United Kingdom.
Latest News
Imperial Tobacco announced that it would buy the e-cigarette unit of Dragonite International Ltd in a deal worth USD 75 million.
Japanese E-commerce giant Rakuten acquired video streaming site Viki for a reported USD200 million. According to a Techcrunch report, e-commerce site giant Rakuten acquired global video site Viki and would sign a reported USD200 million buyout agreement tomorrow.
The Syrian government cancelled its tender to buy white 276,000 tonnes of white sugar two times after receiving only one offer from international traders.
Austrian oil firm OMV announced that it had agreed to buy a 40% stake in an offshore exploration block in Madagascar from Niko Resources.
Rolls-Royce had sold its 50% stake in the RTM322 helicopter engine program to its program partner Turbomeca by Safran for EUR239 million or USD386 million.
Indofood Sukses Makmur Tbk PT has been considering a hostile takeover of Singapore-listed China Minzhong Food Corp Ltd after a short-seller attack decreased the Chinese food producer's market value.
Etihad plans to invest USD600 million in Jet Airways after approval from Indian authorities. Etihad extended the regulatory clearance deadline of its USD600 million deal with Jet Airways.
The boards of Verizon and Vodafone would vote over the weekend on the proposed USD130 billion buyout.
The latest purchase made by Coca-Cola in Mexico was recently announced after an acquisition spree across three continents was undertaken.
