Private equity firms KKR & Co and Permira Advisers exited a 16.6% holding in German commercial broadcaster ProSiebenSat.1 Media AG (PSM)in a deal valued at around €1.26 billion ($1.7 billion).
Europe
Dublin-based Actavis Plc to divest some Western European operations to India's Aurobindo Pharma Ltd
India-based Aurobindo Pharma Ltd will be purchasing the generic drug operations of Dublin-based Actavis in seven countries in Western Europe in a deal worth around €30 million, Bloomberg reported.
US regulators order Rabobank to address issues with anti-money laundering programs
The Office of the Comptroller of the Currency ordered Rabobank in December to straighten out the issues plaguing its anti-money laundering programs in an order made public recently, Reuters reported.
Softbank Corp in direct talks with Deutsche Telekom for possible T-Mobile deal- sources
Softbank Corp is reportedly in discussions with T-Mobile owner Deutsche Telekom AG to thresh out obstacles for a potential T-Mobile acquisition, according to sources interviewed by Bloomberg.
Belgium's AB InBev to reacquire Oriental Brewery Co Ltd from KKR & Co, Affinity Equity Partners Ltd- sources
Anheuser-Busch InBev is looking to repurchase Oriental Brewery Co from private equity companies KKR & Co and Affinity Equity Partners Ltd, according to sources interviewed by Bloomberg.
Latest News
New York, US-based private equity firm KKR Financial Holdings will invest over $100 million in Dublin, Ireland-based helicopter unit of Lease Corporation International (LCI) to support the latter's growth plans.
Mexican tycoon Carlos Slim has decided to hike America Movil's stake in Telekom Austria to 26.8% by consolidating his company and family holdings in the Austrian telecom firm.
Spanish banking firm Caixabank announced on Thursday that it is planning to sell down its 5% interest in stock market operator Bolsas y Mercados Españoles at €29.60 to €30.75 per share.
Ingenious Media Holdings Plc has planned a £160 million or $262 million initial public offering for Ingenious Clean Energy Income Plc, its unit that invests in clean energy, Bloomberg reported.
A report on UK-based news firm The Guardian cited Sagan Ltd marketing director David Kay saying porn could help the online currency Bitcoin succeed because of its private and quick transaction methods.
UBS AG is bolstering the annual bonus payments it provides to its investment bankers in Asia by about 10%, according to sources interviewed by Bloomberg.
The National Security Agency in the US collects nearly 200 million text messages every day, storing in its database information like addresses, financial transactions and contact networks.
As its clients took out money from emerging markets, Aberdeen Asset Management Plc reported net outflows of £4.4 billion in the fourth quarter, Bloomberg reported.
Brno, Czech Republic-based low-cost flights booking engine Skypicker.com secured a $500,000 investment from Touzimsky Airlines and also acquired metasearch engine WhichAirline.com for an undisclosed sum.
