Leveraged Buyouts
Rumors of bidding war for Invensys abound
Rumors of bidding war for Invensys abound. Rumors of a possible bidding war for the acquisition of Invensys Operations Management abound. This followed the announcement of Schneider Electric of its bid of about US$5 billion for Invensys.
Source BioScience to place an offer for Vindon
Source BioScience was reported to place an offer for Vindon. The board of Vindon has confirmed that talks with the board of Source BioScience are at an advanced stage.
AT&T’s Leap deal adds pressure on smaller rivals to bulk up
AT&T's acquisition of Leap puts pressure on smaller rivals to make mergers and purchases of their own.
PacTrust Bancorp's merger is “unique to Southern California”
PacTrust Bancorp's merger is “unique to Southern California,” according to Robert Franko, PacTrust Bank President and CEO.
Latest News
The China-based holdings company intends a Hong Kong IPO once the deal with the US pork producer is completed.
AT&T Inc's deal to sell Leap Wireless International Inc.'s block of airwaves clouded the real value of the acquisition.
Cargotec's MacGregor announced that they have entered an agreement to acquire the privately owned Hatlapa Group.
Altamont entered into an agreement to purchase DAKINE from Billabong. San Francisco-based Altamont Capital Partners (Altamont) entered into contract to purchase DAKINE, a leader in action sports accessories, from Billabong International Limited.
The insurance deal between Athene and Aviva was placed under review. The insurance deal between Athene Holding Ltd. and Aviva PLC was placed under review.
APA group presented its offer to buy the rest of Envestra, which it already owns 33% of. APA Group offered to purchase the rest of Envestra Ltd. for about AUD1.
Funeral Consumers Alliance protested against funeral home chain's acquisition of competitor. The Funeral Consumers Alliance (FCA) sent a letter to the Federal Trade Commission (FTC) on Thursday.
Grontmij divested its French unit to focus on engineering operations. Grontmij announced Tuesday that it had divested its French monitoring and testing business.
EDAC Technologies Corporation increased its presence in the industry through a Parkway acquisition Parkway Products revealed that it has concluded the sale of Parkway Aerospace & Defense to EDAC Technologies Corporation.
Blue Sky Private Equity acquired minority stake in Oak Tree Group. Blue Sky Private Equity invested around AUD20 million for a minority stake in retirement community developer Oak Tree Group.