Bally Technologies Inc would purchase SHFL Entertainment Inc. for US$1.3 billion in its hope to expand in Asia and Australia.
Corporations
Etihad’s investment in Jet to be concluded in the next few months
Etihad’s bid to invest in Jet Airways is expected to be completed in the next few months. India's Jet Airways is expecting investments from Etihad Airways of Abu Dhabi, which will be completed in the next few months.
PetroSA considers purchasing Petronas’ stake in Engen
PetroSA was said to be considering the possibility of buying Petronas' controlling stake in Engen.
Pharma giant assumes ownership of medical stent-producer IDEV
Abbott Laboratories is set to acquire all of IDEV Technologies' outstanding equity shares for US $30 million.
Invis Energy raises Eur160 million for an Irish wind farm
Invis Energy raised Eur160 million from NorddeutscheLandesbank and DNB Bank for a 42.8 megawatt wind farm in Ireland.
Latest News
SPH REIT raised US$400 million in an IPO. Singapore Press Holdings Ltd. (SPH) raised SGD$504 million (US$400 million) in an initial public offering, said two sources familiar with the transaction.
After an eight-month long hiatus, Twinkies were available again for consumers. After being absent in shelves for almost eight months, Twinkies made a comeback.
After receiving amnesty from the LA Lakers, Metta World Peace accepted the offer of the New York Knicks.
GlaxoSmithKline Plc's 20% increase in sales was currently in focus due to Public Security Ministry's accusations on bribery and sexual favors.
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.
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 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 acquisition of Leap puts pressure on smaller rivals to make mergers and purchases of their own.
