Grohe received expression of interests from two potential buyers that would take part in the company's proposed sale.
Corporations
French company offers Invensys GBP3.3 billion
Invensys recieved a buyout offer of GBP3.3 billion from a French firm. Invensys yesterday declared it has received a GBP3. 3 billion buyout bid from Schneider Electric, a French conglomerate.
Eppley launches most expensive IPO
Eppley planned to launch most expensive IPO in the junior stock exchange in JSE. Eppley Limited planned to launch an initial public offering on 218,999 of its shares.
Possible takeover for Swedish Match
Stocks for Swedish Match rose after talks of a possible takeover by Imperial Tobacco Group Plc Swedish Match AB stocks rose after reports that the company may be a possible takeover target.
A NZ firm is the first to apply in NZ-Taiwan joint fund
A New Zealand company submitted its offer to join a New Zealand-Taiwan venture capital fund. New Zealand firm has sent an application to join a Taiwan and New Zealand joint investment fund.
Latest News
ViaCyte raised US$10 million from private equity investments. A developer of diabetes treatment methods from human embryonic stem cells,ViaCyte, has more than US$10 million in a private equity funding.
Swiss Re announced that they are in preliminary talks with Phoenix Group Holdings for possible merger
Technicolor announced the completion of its refinancing transaction with Tech Finance Technicolor announced the successful completion of its refinancing transaction which allows them to borrow new funds at a lower interest rate.
Bharti discussed the sale of its Direct-to-Home unit to Liberty Media. Bharti Airtel is in discussions with American communications and media giant Liberty Media to put up for sale a stake in its unlisted Direct-to-Home line of business.
Z Capital acquires minority ownership of Neways. Z Capital Partners, L. L. C. announced that they have acquired the minority ownership of Neways Enterprises.
Pacific Potash engaged Ocean Capital's services to secure funds. Pacific Potash Corp. announced that it has engaged the services of Ocean Capital Inc.
Centrica's subsidiary,Direct Energy, has agreed to acquire Bounce Energy. Centrica PLC's subsidiary, Direct Energy, agreed to acquire Bounce Energy for US$46 million in cash.
Jeff Sagansky and Harry Sloan announced plans for Silver Eagle Acquisition Corp.'s IPO. Jeff Sagansky and Harry Sloan, experienced show business executives, revealed plans to launch an initial public offering for Silver Eagle Acquisition Corp.
Aratana announced that they have granted the full exercise of over-allotment options to underwriters to purchase additional shares
