The acquisition of Alexion Pharmaceuticals Inc. could possibly break records as the most expensive purchase in biotechnology.
Leveraged Buyouts
France's Club Mediterranee to be sold to consortium of French and Chinese investors
France's market authority has approved Club Med's sale to consortium of French and Chinese investors.
AXA Private Equity improves bid for Elior
AXA Private Equity raised its bid to EUR3.7 billion for French caterer Elior. A group of investors led by France's AXA Private Equity has increased its offer for Elior and is proposing to obtain a minority stake in the food service provider, according French daily Les Échos.
InternetQ acquires Atlas Interactive Deutschland
InternetQ acquired Atlas Interactive Deutschland. InternetQ announced that it has completed its acquisition of Atlas Interactive Deutschland GmbH for GBP5 million.
Royal Appliance Mfg. Co. acquires Oreck Corporation
The Royal Appliance Mfg. Co. acquired assets of Oreck Corporation after US Bankruptcy Court ruling.
Latest News
Dell Inc, third-largest personal-computer maker, may postpone shareholder’s vote regarding the buyout by its founder.
Aviva Plc was in talks with negotiators regarding its US$1.8 billion deal with Leon Black's Apollo Global Management LLC.
PetroSA was said to be considering the possibility of buying Petronas' controlling stake in Engen.
Abbott Laboratories is set to acquire all of IDEV Technologies' outstanding equity shares for US $30 million.
Tiger Bay's acquisition of Gramercy Park creates a 'superfirm' in the industry of asset management.
Baidu Inc shells out US $1.9 billion to acquire 91 Wireless, an app store firm. China's largest search engine company paid US $1. 9 billion to purchase an app store firm, 91 Wireless, from Hong Kong-listed NetDragon Websoft Inc.
Bally Technologies Inc would purchase SHFL Entertainment Inc. for US$1.3 billion in its hope to expand in Asia and Australia.
Prudential Plc agreed to sell its PCA Life Japan unit to SBI Holdings Inc. for US$85 million. UK's largest insurer by market value, Prudential Plc, decided to sell its life insurance firm in Japan.
Cipla acquired Cipla Medpro South Africa. Cipla Medpro South Africa was delisted from the Johannesburg Stock Exchange as of July 16, 2013. This was after Cipla completed its acquisition of the company for US$512 million.
