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.
Articles by Marc Castro
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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.
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.
For Eur 176 million Oriola-KD purchases Medstop Group Holdings AB. Oriola-KD Hilding Sverige AB has agreed to acquire Medstop Group Holding AB from Segulah Management IV Ltd.
Patrizia led a consortium that won the bid for the luxury property holdings unit of GBW. Patrizia, the German real estate company, announced a consortium it had headed won the bidding for the purchase of rival GBW.
Nakumatt Holdings MD Atul Shah said the retailer is now open for investors and expansion in East Africa.
Starwood to purchase four Macerich malls. Starwood Retail Properties is in discussion with Macerich for the purchase of four low sales generating malls.
Sundance Resources has terminated the bid agreement with Sichuan Hanlong Group for its failure to meet bid preconditions.
GE acquires Lufkin to support its oil and gas support services. General Electric is nearing the completion of the acquisition of oilfield services provider Lufkin Industries.
Toro Energy open to investors in Asia and nuclear utilities for Wiluna uranium mine. Toro Energy Ltd is one of the leading uranium explorers in the world.
CEDC files Chapter 11 bankruptcy and cedes control to Roustam Tariko. The Central European Distribution Corp of Poland has filed for a pre-packaged bankruptcy in its efforts to decrease its debt load.
BRF would be appointing Abilio Diniz as its new chairman. The new chairman of BRF- Brasil Foods SA is billionaire Abilio Diniz. He has said he would guide the country's biggest foodmaker for overseas expansion to boost profit margins.
The CP Group will use revenues from Ping An acquisition to grow in China. CP Group of Thailand head had confirmed that its earnings from the Ping An transaction would be reinvested in China.
KKR is going to purchase the Alliance Tire Group through a leveraged buyout of US$650 million cash and US$125 million in debt.
Dalian Wanda Group would be acquiring European movie theater chain. The Dalian Wanda Group of China is now discussing the acquisition of a Europe based chain of movie theaters.
Mitsubishi UFJ Finance Group is in discussion to acquire US commercial property loans from Deutsche Bank.
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.
Iraqi IPO of Zain to be completed by end of 2013. Kuwait's biggest mobile-phone operator, Mobile Telecommunications Co or ZAIN has said that the compltion of the IPO of its Iraqi unit may not be completed until December of 2013.
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.
AB InBev is planning of boosting capital outlays in China, acquiring breweries and expanding markets.
The merger of the National Bank of Greece and its subsidiary NFG Eurobank is suspended until further notice.
CEDC's creditors voted approval for the Chapter 11 financial plan of the bankrupt company. According to a recent statement from the Central European Distribution Corporation, the creditors of the vodka maker are said to be supportive of the company's restructuring plan.
Etisalat, through a loan, is bidding for Maroc Telecom's shares owned by French firm Vivendi. Etisalat, the Abu Dhabi owned telecommunications company has prepared a dual tranche US$8billion loan facility to back up its bud to acquire Maroc Telecom.
The JV between EFG-Hermes Holding SAE and QInvest LLC is at risk for the delayed approval by Egyptian regulators.
Things are heating up between Icahn and the Dell Special Committee on issues of reimbursement, proxy fights and possible litigation.
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.
Santa Cruz Nutritionals and Nellson Nutraceutical LLG are seeking buyers. Three sources who spoke on condition of anonymity are confirming that Santa Cruz Nutritionals and Nellson Nutraceutical LLG are in the process of searching for buyers.
Former Hulu board member Peter Chermin offers US$500 million for Hulu. Hulu, the online video streamiong service established in 2007, has received an offer from former News Corp President Peter Chernin.
There is a new bill for consideration on the US Senate floor as to the required capital ratio of the banks, to avoid the 'too-big-to-fail' argument.