Data Device Corporation, Behrman Capital's unit, bought National Hybrid Inc. from API Technologies Corp. for US$32.5 million.
Corporations
Singer hopes to raise $200M from IPO: Reports
The company, more popularly known for its sewing machines, aims to rake in as much as US$200M from IPO.
Osram Licht AG disappoints in stock market debut
Osram Licht AG's shares dropped by 2.4% and settles at Eur 23.65 on Monday Osram Licht AG, a German lighting and specialty lighting manufacturer second only to Philips, saw a drop in its shares by 2.
Avnet, Inc. Agrees to Acquire MSC Investoren GmbH
Avnet Inc. publicized that it entered an agreement to purchase the European distributor, MSC Investoren GmbH.
Allergan's Botox Becomes US$10 Billion Cheaper for Investors
Allergan Inc became US$9.6 billion cheaper for acquirers who would want to purchase the Botox wrinkle treatment.
Latest News
Japanese company Olympus offers its stock, both new and existing, to overseas markets to raise funds for research and debt payment.
According to J.P. Morgan, Dubai Holding could earn about US$1 billion by selling its minority shares in two telecom firms.
Online coupon site Retailmenot expected to raise about US$200 million in an initial public offering.
Standard & Poor downgraded SoftBank because of the financial risks it took in buying Sprint. Standard & Poor cut SoftBank Corp's debt rating to two levels to "junk" status.
Virgin completes purchase of Tigerair's 60 percent stake naming chief executive John Borghetti chairman.
Predixion raised US$20 million worth of Series C investments. (CORRECTION: Description of Accenture was changed from BPO powerhouse to Global consulting powerhouse.
Nippon Shikizai invested on its fourth plant in Japan. Nippon Shikizai Inc. , a makeup, cosmetics, and skin care producer from Japan, announced its plans to invest in a new plant in the country to be finalized early next year.
Blackstone Group LP would expand its business by lending US$5 billion worth of distressed houses to landlords.
Japanese manufacturer is considering 100 billion yen share offering, the first in 32 years. Japanese manufacturer Olympus Corp is reflecting on releasing up to US$991 million (JPY100 billion) of new shares to finance the study of its endoscope business as well as further its medical business into developing nations.
