The following bids, mergers, acquisitions and disposals were reported on Tuesday. The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Tuesday: - Polish state-owned utilities PGE and Energa agreed to buy Iberdrola's 75 percent stake in Renewables Polska for 840 million zlotys ($268 million), PGE said on Tuesday.
Industry
Carlyle Sets Sale of Arinc to Aerospace Industry Rivals
Carlyle expects interest from its larger rivals in the industry for its defense firm Arinc Inc. Private equity company Carlyle Group LP has been in preparation for the sale of aerospace and defense firm Arinc Inc.
TPG Acquires Assisted Living for About $278 Million
Assisted Living Concepts reached agreement to be sold to private investment firm TPG for about $278 million.
First Quantum to Extend C$5.1 Billion Bid for Rival Inmet Mining Corp.
First Quantum may slightly extend its offer for Inmet as it resolves regulatory barriers, its president, Clive Newall, disclosed.
BH Media Group Acquires Lorton Family's Tulsa World
BH Media has announced that it bought the daily newspaper published by the Lortons in an undisclosed amount.
Latest News
Goldman Sachs to lay off employees again. Goldman Sachs is undertaking cost cutting measures in light of issues with its bottom line. Job cuts are in the offing, with some getting the axe as early as this week as the business continues to face rough waters.
The following are mergers under review by the European Commission on Monday. The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS - Private equity firm Triton to acquire Finnish grocery chain Suomen Lahikauppa from IK Investment Partners (approved Feb.
Private equity defined in simple terms. Private equity is simply a class of assets that include equity securities in operating companies that are not bought and sold in the stock exchange.
There have been many foreign companies related to agriculture that are courting Malaysia for investment plans.
Brazil's OGX Petroleo is being rumored to have a plan of selling a stake to Malaysian oil company Petronas.
SAP acquires SmartOps for long term plans. SAP AG announced that it is in the process of acquiring SmartOps, a provider of inventory and service level optimization software programming.
Research shows that more companies in the U.S. are set to increase their spending for 2013, implying a boost for the American economy.
Canada's OMERS pension fund poised to make major purposes in 2013. OMERS, one of Canada's leading pension funds, announced last Friday that it is now in the process of diversifying its portfolio away from traditional areas such as North America, the United Kingdom and Western Europe.
No one is safe without the numbers, message sent to industry by Heinz buyout. The buyout of H. J. Heinz by Warren Buffett's Berkshire Hathaway and others have placed many food executives of known brands properly warned that they either shape up or be shipped out.
