UPS appeals EU decision to prohibit merger between TNT Express and UPS. The European Union regulator's decision to reject the Eur5. 16 billion bid by United Parcel Services for TNT Express NV would be appealed.
North America
Enaltus Adds On Acquisition
Enaltus acquires ScarAway to expand its skincare products. Enaltus has recently acquired the properties of Mitchell-Vance Laboratories. Mitchell Vance is a portfolio firm of the HealthEdge Investment Fund LP based out of Tampa Florida.
Macquarie Purchase of Advantage Is Under Review by FTC
The Macquarie Capital purchase of Advantage is under review by antitrust regulators. US regulators are reviewing the consent decree that allowed Macquarie Group Ltd to purchase Advantage rental brand from Hertz Global Holdings.
Blick Art Acquires Utrecht Art from Topspin Partners
Topspin Partners sells off its interest in Utrecht Art to Blick Art. Multi-channel retailer, Blick Art Materials, has purchased shareholdings in Utrecht Art Supplies.
Starwood in Discussion with Macerich
Starwood to purchase four Macerich malls. Starwood Retail Properties is in discussion with Macerich for the purchase of four low sales generating malls.
Latest News
Cisco acquires Ubiquisys for US$310 million in cash and other incentives. Cisco announced last Monday its intention to acquire Ubiquisys for a value of US$310 million in cash and other incentives.
California Governor Jerry Brown sets off to China as part of his continuing efforts to develop commercial ties with Chinese consumers.
Things are heating up between Icahn and the Dell Special Committee on issues of reimbursement, proxy fights and possible litigation.
Investors are resorting to so-called cash funds for higher yields, as strict investment regulations are bringing down returns in the money fund industry.
Investment firm Energy Capital Partners has increased its offer for EnergySolutions Inc. by 40 cents or $4.15 per share.
Rejecting a $6.7 billion buyout offer from rival American Realty Capital Properties Inc., Cole Credit Property Trust III has announced that it has completed the acquisition of Cole Holdings.
Investor Carl C. Icahn can be reimbursed of up to $25 million worth of expenses related to his deal work on certain conditions.
The private equity firm adds an 11% premium to the offer for EnergySolutions shares. Three months after its initial bid, Energy Capital Partners has increased its offer for nuclear waste management firm EnergySolutions from US$3.
In the wake of Rio Tinto's possible sale of shareholdings in the Iron Ore Company of Canada, Labrador Iron Ore is studying its options for the future.
