Otsuka Pharmaceutical announced today the completed acquisition of Astex Pharmaceuticals in a deal valued around USD900 million.
Private Equity
Latest Bain Capital fund raises USD2.3 billion
Bain Capital Fund XI, with a projected USD6 billion, is now worth USD2.3 billion. Bain Capital was able to raise about USD5 billion for its eleventh buyout fund.
CommScope to sell 38.5 million shares at IPO
The IPO of CommScope Holding Co is expected to reap USD800 million. Commscope Holding Co, the telecommunications equipment firm, had set pricing terms for its IPO.
Activision regains majority after Vivendi stake buyout
Activision regains independence after it bought back shares from Vivendi SA. A group led by Activision CEO Bobby Kotick in partnership with Activision Blizzard Inc recently completed a buyout worth USD8.
AlphaMetrix has 'significant cash flow' issues
Community pool operator AlphaMetrix Group LLC recently fired its CFO as it grapples with liabilities far greater than its liquid assets.
Latest News
GAIL India agrees to sell off shares through block sales in China Gas Holdings. GAIL, the state-run gas company, had offered to sell USD65 million worth of stocks in China Gas Holdings Ltd.
Bluefield Solar Income Fund Limited recently purchased a 6.87 megawatt peak plant for GBP9.35 million from Parabel AG.
A team-up of The Canada Pension Plan Investment Board (CPPIB) and Dexus Property had placed a AUD2.7 billion buyout bid for Commonwealth Property Office Fund (CPA), the office trust of the Commonwealth Bank of Australia
According to a securities filing, BlackBerry Ltd co-founders Mike Lazaridis and Douglas Fregin were said to have an interest in putting up an alternative bid for the smartphone maker.
The Energy Opportunity Fund LP is managed by Mitsubishi backed Alternative Investment Capital Ltd. Japan's largest trading firm and biggest importer of liquefied natural gas, Mitsubishi Corp, had laid out plans to lead the start up of its first energy focused private equity fund.
A share in CT REIT is worth CAD10 each and 26.35 million trust units were sold. The real estate investment trust of Canadian Tire Corp had raised CAD263.
Dobrolet means 'good flier' to help it navigate the competition in the cut throat budget airlines business.
Elliot Management is holding out for a higher valuation of its shareholdings in Kabel Deutschland in the takeover bid by Vodafone Group Plc.
For USD3.88 billion all share exchange transaction, Regency Energy acquires PVR Partners. Pipeline partnership Regency Energy Partners LP, which is controlled by Energy Transfer Equity LP, agreed to purchase PVR Partners LP for USD3.
