Exits
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.
J.P. Morgan: Dubai could raise US$1 billion from telecoms share sales
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 expects to earn up to US$200 million in IPO
Online coupon site Retailmenot expected to raise about US$200 million in an initial public offering.
Alere Shareholder Sees Increased Stock Value if Asset Sales Plan is Followed.
A group of Alere shareholders expressed their desire to exit its non-core businesses and wants support at its annual board meeting.
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Chargemaster Plc intended to raise GBP6 million through an initial public offering that is expected to start trading this month according to its CEO, David Martell.
Thaksin Shinawatra, the former Thai PM, would purchase the Bakrie family interest in Bumi Plc. Thaksin Shinawatra, the former Thailand prime minister, has been in discussion to purchase the 23.
Reliance Communications would be listing its real estate business into a separate unit. The Reliance Communication of India has announced it would be spinning off its real estate business to a separate unit.
ProSiebenSat.1 owners, namely KKR and Permira, are seeking to either sell off shares or sell the whole firm to another media outfit.
Mervyn Davies is planning to purchase part of the shareholdings of the UK government in Lloyds Bank.
A. Schulman Inc dropped its bid for Ferro worth US$563 million after being ignored for months. A. Schulman Inc, a chemical producer, announced that it withdrew its bid for Ferro Corp.
The Investment Company Institute recorded US$28.1 billion withdrawals from bond reserves. Investors in mutual funds headquartered in the United States withdrew US$28.
Telediffusion de France SAS was selling its French tower for US$5.1 billion. Telediffusion de France SAS' private equity owners were seeking higher than Eur4 billion, which is equivalent to US$5.
Australia's Brambles planned to spin off Recall Holdings. Brambles Ltd. has announced a revival of a previous plan to exit Recall Holdings. Recall Holdings, a data management business, would then be listed on the Australian Securities Exchange (ASX).
Creditors for Rede Energisa gave the Energisa offer the green light Creditors for Grupo Rede Energia SA, a Brazilian power distributor currently seeking to exit a backruptcy protection, approved for a takeover plan initiated by rival company Energisa SA.