PacWest Bancorp agreed to purchase CapitalSource for $2.3 billion in cash and stock. PacWest Bancorp (PACW), a California-based bank holding company, has agreed to buy commercial bank CapitalSource Inc.
Leveraged Buyouts
KKR secures low rates for the leveraged buyout of Gardner Denver Inc.
KKR revealed that it has secured an average combined interest rate of 4.8% for the funds to be used in the acquisition of Gardner Denver Inc.
CRH Plc to acquire Sree JayaJothi Cements
Sources stated that CRH Plc could be acquiring the cement arm of Shriram Group. Sources have said that CRH Plc, an Ireland-headquartered cement manufacturer, wanted to acquire Sree JayaJothi Cements.
Investel to buy Coastline Broadcasting
Investel Capital agreed to purchase British Columbia-based Coastline Broadcasting. Investel Capital Corp. , an investment fund with offices in Toronto and Vancouver, agreed to purchase British Columbia-based cable television provider Coastline Broadcasting of Black Creek for an unspecified amount.
AHT Cooling Sale Attracts Bidders Bridgepoint, EQT
Private equity firms Bridgepoint and EQT express interest in purchasing refrigeration equipment company AHT Cooling.
Latest News
The chairman of Vodafone said that he will seriously consider Verizon's offers for a buy out for as long as it gives value for its shareholders.
Brazil's JBS SA has renewed its program to buy-back up to 10 percent of its common shares in circulation.
Riverside Company acquires Blue Microphones, yet the financial details of the transaction were not disclosed.
The network equipment company is set to buy the software maker for US $2.7 billion as it gears toward boosting its network security services.
Nate Robinson signed a contract with Denver Nuggets worth US$4.03 million. Nate Robinson will be signing a two-year contract with the Denver Nuggets. Robinson agreed to the deal Monday, according to a person knowledgeable about the negotiations.
Aimia announced the successful purchase of Smart Button. Aimia Inc. announced that they have acquired Smart Button with a purchase price of US$18 million.
Global Poker Index proudly announced the completion of the acquisition of The Hendon Mob Limited. The Global Poker Index announced that they have acquired The Hendon Mob Limited.
Telefonica SA's German unit acquires Royal KPN NV's E-plus mobile business. Telefonica SA announced that their German unit has agreed to buy Royal KPN NV's E-plus mobile business.
MMREIT said that they received the approval of DCT Industrial affiliates for the acquisition of a US$82.7 million portfolio
