Miami-based drug developer Opko Health, Inc. will enlist in Tel Aviv Stock Exchange to acquire Israeli drugmaker, Prolor Biotech, Inc.
Corporations
Sino Australia Oil & Gas Ltd. Cites ‘Market Volatility’ for IPO Delay
Chinese drilling services Sino Australia Oil & Gas Ltd. cites 'Market Volatility' in Asia for delayed Initial Public Offering.
St. Jude Medical acquires Endosense
St. Jude Medical bought Endosense for USD331 million. St. Jude Medical Inc. recently acquired Endosense SA for USD 331 million to add to the former's electrophysiology portfolio.
Ares Management, Ontario Teachers' Pension Plan plans to acquire CPG International
Ares Management and Ontario Teachers'Pension Plan said it will buy building products firm CPG International Inc.
Hon Hai partners with 7-Eleven to sell large TVs in Taiwan
Hon Hai signed a sales partnership deal with the convenience stores of 7-Eleven in Taiwan to expand its television enterprise.
Latest News
Beats spoke with unknown investors to buy out HTC's minority stake. The Wall Street Journal quoted an anonymous source about Beats Electronic buying out its minority stakeholder Taiwan's HTC.
The Warsaw Stock Exchange agreed to buy a 30% stake in start-up Aquis Exchange for GBP 5 million. The Warsaw Stock Exchange (Giełda Papierów Wartościowych w Warszawie or GBP in Polish) agreed to purchase a partial stake in Aquis Exchange.
A Wall Street Journal report said that Beats Electronics is planning a major buyout of HTC and generate funds to expand its newest digital streaming business Beats Music.
Atlas Copco said it would purchase Edwards Group for up to USD 1.6 billion. Sweden-based Atlas Copco announced its plans to acquire Edwards Group. The deal, worth up to USD 1.
South African firm Sasol Ltd sold its stake in Arya Sasol Polymer Co to Main Street 1095. Sasol sold its 50% stake in Arya Sasol Polymer Co, its Iranian unit.
Austrian energy company OMV purchased several stakes in Norway's Statoil worth at least USD 2.65 billion.
Kentz Corp said no to takeover offers from rival AMEC Plc and Germany-based M+W Group. Kentz Corporation Ltd rejected approaches from AMEC Plc and M+W Group to take over the engineering firm.
XPO Logistics Inc completed its acquisition of 3PD Holdings in a deal valued at USD 365 million. Arcapita sold its North American logistics company 3PD Holding to XPO Logistics Inc.
Ethiopia signed an USD800 million contract with ZTE for the expansion of the country's mobile phone infrastructure.
