German-based pharmaceutical giant Bayer is preparing an acquisition bid amounting to NOK306 (USD49.9) per share for its Norwegian partner Algeta, according to a German newspaper.
Mergers & Acquisitions
Littlejohn & Co to acquire e-commerce company Newgistics
Connecticut-based private equity firm Littlejohn & Co. was said to be buying e-commerce company Newgistics Inc. The deal will be financed by Littlejohn's Fund IV, which has a capital commitment of USD1.3 billion.
Mylan, two Indian firms race to buy Bafna Pharma
US-based generic drug manufacturer Mylan and two Indian pharmaceutical firms are in talks to buy Chennai-based Bafna Pharmaceuticals for an undisclosed amount, according to two sources familiar with the transaction.
Mexico's TV Azteca buys troubled soccer club Atlas
Mexican broadcaster TV Azteca purchased financially troubled soccer club Atlas on Monday in an acquisition deal valued at USD50 million, according to the club's president.
Two buyout firms compete for LTS Lohmann takeover
French investment firm Wendel and Nordic Capital are the remaining bidders for Germany's medical patch maker LTS Lohmann. The acquisition deal could bring in EUR1.2 billion to the company owned by Novartis, BWK and German tycoon Dietmar Hopp.
Latest News
After all the speculation, denial, and rumors, Apple finally confirmed its purchase of Israeli-based 3D sensor firm, Primesense. So the question now is - what happens next? What would Apple develop next that would revolutionize technology?
The following bids, mergers, acquisitions and disposals were reported on Monday including Greece banking, Fiat, BOFA, Mechel, Saputo, RBS, Lohmann, Carlyle Group, Monte dei Paschi di Siena, Kuwait Airways, Dubai Holding, SunEdison, Blackstone, Greece National Bank, IMG Worldwide, KKR, Babcock, AMR, Orrick, BAC and Fisker Automotive.
People who were familiar with the auction process told Reuters that KKR & Co LP had dropped out of the race to acquire talent agency IMG Worldwide Inc, while buyout firms have partnered up in the hopes of gaining a strategic advantage in the auction.
The potential merger between the California-based Orrick Herrington & Sutcliffe and Pillsbury Winthrop Shaw Pittman in New York would have created the ninth-largest firm in the country.
Harris Interactive Inc. today announced that it has entered into a definitive merger agreement to be acquired by Nielsen
Holdings N.V., a leading global provider of information and insights into what consumers watch and buy.
Guardian Capital Group Ltd reached agreement to acquire a specialist boutique emerging market equity investment firm in London
A joint bid that would later split up Time Warner Cable between Comcast Corp and Charter Communications Inc may allow the deal to avoid strict scrutiny from antitrust regulators and the Federal Communications Commission.
The government of Taiwan has encouraged state-run Mega Financial to consider the possibility of merging with Chang Hwa Bank amidst difficulties in the banking sector.
Blackstone Group, the second biggest realty firm in India, may soon replace DLF as the top real estate developer with its series of acquisitions in the country.
