HitecVision acquires Deep Sea Mooring. HitecVision was pleased to inform the public on its hundred percent acquisition of the Deep Sea Mooring. In 2008, Odfjell Drilling established Deep Sea Mooring (DSM) from a domestic mooring service provider to one of the top three service providers of mooring for exploration and production companies and rig owners in Norway.
Investors
Dish Plays National Security Card
Dish plays national security issue in its bid to stop the Softbank bid from pushing through. Dish Network has formally sought regulator intervention, specifically suspension of the review of the bid provided by Softbank Corp of Japan for the acquisition of Sprint Nextel Corp.
Johnson and Johnson Divestment Clouds Takeover Bid
Johnson and Johnson accounted for 92.3% of shares bought back, complicating matters for the Royalty Pharma takeover of Elan Pharmaceuticals.
CVC To Purchase All of Shares of Ista
CVC to purchase all of shares of Ista it does not already own. CVC, the private equity group is purchasing shares that it does not already own in Ista, the energy metering firm from Germany.
OPKO Health announces growth activities
OPKO Health announced investment in OAO Pharmasynthez and partnership with Rusnano. OPKO Health Inc has announced that it would be investing about US$9.
Latest News
Riding high on the UBS backlash, Actelion investors reject plan for executive compensation during shareholder meeting.
Lone Star and Wells Fargo would divvy up the assets of Commerzbank. Lone Star, the private equity firm, and Wells Fargo are in talks to purchase a GBP4 billion or US$6.
TerraSim is acquired by Riverside. Pittsburgh, Pennsylvania-based TerraSim, has been acquired by The Riverside Company. TerraSim has been added to Riverside's platform of Bohemia Interactive Simulations.
Allecra Therapeutics raise new funding. Edmond de Rothschild Investment Partners disclosed to the public the primary investment of BioDiscovery 4 through its participation in the Series A financing round of Allerca Therapeutics.
SolarWorld is seeking to find a compromise agreement with its creditors to avoid insolvency. SolarWorld is discussing with its creditors to finalize an agreement as to the restructuring of the company in the next two to three weeks.
Tele2 is exploring acquisitions in Europe and Eurasia. Tele2, the Swedish telecommunications firm after its recent Russian exit, is now in search of acquisitions located in Europe and Eurasia.
Standard Chartered has acquired the custodial and trustee operations of Absa in South Africa. (Corrects paragraph 2 to 'immaterial' instead of 'material') In an announcement, Standard Chartered would be acquiring Absa Group, the South African custodial and trustee operations of Barclays Plc.
M.Video, Russia's biggest electronics retailer has sought permission from government regulators as to the projected acquisition of Eldorado.
PowerbyProxi raises new funds to expand its wireless power technology. Reuters reported that PowerbyProxi was able to raise an additional US$5 million of funding previously reported in VentureBeat.
