Top deals of the deay - bids, mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported on Friday including Statoil, Cassa Depositi e Prestiti, ThyssenKrupp, Mercator, Avivasa Emeklilik, Hayat Sigorta, Banca Monte dei Paschi di Siena, Telus Corp, Atrium Innovations and John Hardy


Aviva, Sabanci hire banks for Turkish pension unit IPO - sources

British insurer Aviva Plc and Turkey's Sabanci Holding have mandated Citigroup and HSBC to sell between 20 and 25 percent of Turkish life and pensions joint venture Avivasa Emeklilik & Hayat Sigorta in an initial public offering, two sources told Reuters on Friday.

Pearson sells Mergermarket to focus on education business

British media and education group Pearson has agreed to sell its Mergermarket news service for 382 million pounds ($624 million), to invest in its global education business.

Credit Suisse names investment banker to lead Swiss ultra-rich clients

Credit Suisse is promoting veteran Swiss investment banker Thomas Gottstein to head up its ultra-rich clients business in Switzerland, highlighting the expertise increasingly sought by private banks to cater to their wealthiest customers.


Latest News

Atrium Innovations Inc said a group of investors, including European private equity firm Permira funds, would buy the dietary supplements maker for about C$751.2 million.
In an article on Reuters, two unidentified sources were cited saying that ThyssenKrupp is set to divest its US steel plant and expects to obtain around USD1.5 billion from its asset sale.
A major trend reversal was observed in private equity investing and foreign investing by local firms in India. Venture Intelligence's recent data noted that investment by private equity and strategic investors in Indian assets surpassed amount spent by local firms to invest abroad.
Sources who were familiar with the deal said the government of Turkey and the regional government of Iraqi Kurdistan inked a deal that would allow building of new infrastructure and cooperation in existing oil and gas resources to turn the latter into an oil and gas powerhouse.
In a bid to ensure the user security of in its platform, popular Bitcoin trading exchange Mt Gox announced today that it is implementing a new one-time password card system.
New music-focused messaging app for the iPhone PingTune was able to raise GBP1 million or USD1.6 million from seed investors Rupert Hambro of JO Hambro and serial entrepreneur Dominic Perks.
23 year-old Jacob Cook's open-source project Ark OS was able to get USD45,189 in backing from 859 investors to develop a full-scale Google Reader alternative.
A statement by investment firm Vasari said its chairman, Vivian Imerman, has shown interest in acquiring Whyte & Mackay should Diageo chose to divest them in order to comply with competition concerns.
A Bloomberg recounted how the Federal Trade Commission's decision to approve the USD2.3 billion buyout deal by Hertz Global Holdings Inc of Dollar Thrifty Automotive Group Inc was a mistake.
Shareholders will be casting their votes on December 4 on the two-step deal that would see Bakrie family of Indonesia exiting from coal producer Bumi Plc.
Real Time Analytics