Cascade Drilling announced that it had purchased Boart Longyear's Environmental and Infrastructure drilling operations.
Leveraged Buyouts
Billabong studies new refinancing deal
Billabong announced that they are studying competing proposals for new refinancing. Billabong International Ltd. announced that they will study competing proposals from two US based debt investors.
Postpone vote or raise share prices? Dell Inc still hesitates at decision
The proposed US $24.4 billion deal to buyout the computer maker company keeps on dragging leaving to shareholders the decision whether to postpone vote or raise its share prices.
Sika buys two Aussie companies, expands reach in mining sector
Sika expands its venture as it acquires Radmix Resources and its partner Australian Synthetic Fibres.
San Gold acquires 100% interest in Wildcat Exploration mineral claims
San Gold Corporation announced that they were able to acquire a 100% interest in mineral claims owned by Wildcat Exploration Ltd.
Latest News
USI Insurance Services announced that it has completed the purchase of Cohen-Seltzer Inc. USI Insurance Services announced that it has completed its purchase of Cohen-Seltzer Inc.
Mister Spex bought Loveyewear and Lensstore in a bid to enhance its international presence. Two Swedish online eyewear shops, Loveyewear and Lensstore had been bought by Mister Spex, also an optic shop with heavy online operations.
Karlin Real Estate Lending provided World Class Capital Group with US$20 million to help it acquire Andrita Studios in Los Angeles.
Woolworths Ltd. reported losses amounting to AUD $139 million stating it was spiked by weak sales and high start up costs.
Allstate Corp announced plans to sell its insurance business to Resolution Life Holdings for US$6 million
Florida Community Bank bought the Great Florida Bank to improve its capital structure. Florida Community Bank finalized a deal to obtain Great Florida Bank.
Linsalata Capital Partners sold The Tranzonic Cos. to Silver Oak Services Partners. Linsalata Capital Partners, a Mayfield Heights private equity firm, sold The Tranzonic Cos.
Dorel Industries and Trek Bicycle Corp acquired Tour de France teams amidst doping scandals. Trek Bicycle Corp and Dorel Industries Inc. announced that they are investing in Tour de France teams amidst doping scandals.
J.C. Flowers announced that they are in the final negotiations to buy US$682.8 million worth of Northern Rock loans.
