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.
Secondaries
Taylor Morrison’s IPO raises $628.3 million
The initial public offering of Taylor Morrison Home Corp, which is the latest for companies tied to the housing sector, has raised $628.3 million.
Aurelius Capital Management LP Offers Financing Cash to Clearwire
As an alternative to the Sprint Nextel offer, Aurelius Capital Management has offered US$80 million in financing to Clearwire.
Southeastern Asset Management Calls out Dell Special Committee
Southeastern Asset Management calls the evaluation of the Silver Lake-Dell leveraged buyout offer as "flawed".
GC Capital Acquires Med-Tech Resource
First aid manufacturer Med-Tech Resource was acquired by private equity firm GC Capital. A San Francisco based private investment firm, GC Capital has announced the acquisition of majority shareholdings in Med-Tech Resource.
Latest News
The Swiss bank Julius Baer would boost businesses in South America and Monaco through transfers of former Merrill Lynch businesses.
According to the Apple Daily, the Liu family owned Chong Hing Bank would be up for sale. The Hong Kong lending institution Chong Hing Bank Ltd share values reached a two year high after a reported signal from shareholders that the Liu family was ready to sell their interest.
American Greetings is privatized by the Weiss family. The founders of American Greetings Corp have reached an agreement to purchase the gift card and party goods firm.
The auto parts maker has dodged a proxy war with investors Oskie Capital Management LLC and Marcato Capital Management LLC by deciding to increase its share buyback program.
EADS is now instituting changes such as a share buyback program and changes in its board. Investors of the European Aeronautic, Defense and Space Co or EADS gave their approval for the purchase of fifteen percent shareholdings at the price of Eur50.
The US, with its latest megadeals, lead the volume in mergers and acquisitions, overshadowing the bleak future of Europe and Asia.
BP, as promised, returns nearly US$8 billion to its investors through a share buy back program. British oil giant British Petroleum or BP Has announced that starting Friday, it would be conducting a buy back share program in consonance with its promise to reward shareholders after its sale of its interests in TNK-BP.
Men's Wearhouse drafts plans to improve K&G brand. Men's Wearhouse Inc would be exploring a foolproof plan for its K&G brand which includes a move to repurchase additional shares amounting to $155 million.
Liberty purchases 25% Charter Communications. The Wall Street Journal recently reported, citing anonymous sources, that Liberty Media Corp will be purchasing 25% stake in Charter Communications.
