Lowe's Companies Inc. announced today an acquisition deal had completed for Orchard Supply Hardware stores valued USD205 million in cash and payables.
Leveraged Buyouts
Investment One Financial Services buys NIGFUND from Fidelity Bank
Investment One Financial Services Ltd purchased the Nigeria International Growth Fund for an undisclosed amount.
Pentagon says foreign investment still encouraged in the US
Pentagon said it still wanted foreign companies to do business in the US, but takeovers must not put national security at risk.
America Movil says it would not raise KPN offer
Arturo Elias, Carlos Slim's chief spokesman said America Movil had no intentions of raising its offered bid for the remaining stake of KPN.
August busiest for European buyouts
Private equity firms perform at higher levels in terms of buyout financing compared to the previous year.
Latest News
Sources said Thai billionaire Dhanin Chearavanont submitted its bid for Li Ka-shing's ParknShop chain.
French cosmetic firm L'Oreal said it could afford to buy back the EUR 23 billion stake that Nestle holds in the firm.
The foundation of Royal KPN exercised its option to purchase preferred shares of the company to block America Movil's bid for majority ownership.
AT&T would be looking into Vodafone group's remaining assets in the midst of the British mobile carrier's exit from the US wireless business with the buyout from Verizon Communications.
Sinopec, the state owned oil and gas firm, forms Apache and Sinopec Group through the purchase of 33% of the Apache Corp.
SCA Property's gearing, its debt to ratio assets, is projected to rise to 33% and can rise to as much as 40% according to its CEO.
TH Lee Partners LP is discharged as a defendant in the case of an 'overarching' conspiracy regarding buyouts and the collusion between private equity firms.
Several speculations stated that the giant software maker Microsoft Corp. would acquire stake in Foursquare Labs.
According to sources, CSN might call off the deal with German steelmaker ThyssenKrupp if the its Alabama plant would not be included in the offer.
