Direct Energy announced that they have reached an agreement to acquire Bounce Energy for US$46 million
Sectors
Riverside acquires enough shares to control Simcro Ltd
Simcro sells Riverside Co enough shares for the American company to control it. The Riverside Co. , a U. S. private equity firm, has made its primary entry into New Zealand, taking up a large percentage of the stake in Simcro Ltd.
Eppley launches most expensive IPO
Eppley planned to launch most expensive IPO in the junior stock exchange in JSE. Eppley Limited planned to launch an initial public offering on 218,999 of its shares.
Possible takeover for Swedish Match
Stocks for Swedish Match rose after talks of a possible takeover by Imperial Tobacco Group Plc Swedish Match AB stocks rose after reports that the company may be a possible takeover target.
BMG Pharma partners with Luqa to excluively distribute products
BMG Pharma enters into a long-term partnership Luqa Pharmaceuticals to distribute medical products in Hong Kong and China.
Latest News
MPTC to acquire 60% stake claim for Medicago for US$357 million Medicago Inc announced that it has entered into a definitive agreement with Mitsubishi Tanabe Pharma Corporation (MPTC).
Biomet improved financial performance this quarter, CEO tries to prove skeptics wrong. Biomet Inc. yesrday reported another annual loss, irrespective of record sales for financial year 2013.
Oak Tree Group, which aims to build more retirement homes for senior citizens, gets US $18.3 million investment from Blue Sky Private Equity.
Grohe received expression of interests from two potential buyers that would take part in the company's proposed sale.
ViaCyte raised US$10 million from private equity investments. A developer of diabetes treatment methods from human embryonic stem cells,ViaCyte, has more than US$10 million in a private equity funding.
Swiss Re announced that they are in preliminary talks with Phoenix Group Holdings for possible merger
US fixed income mutual funds attracted deposits from investors that came from redemption rebounds after the Federal Reserve announced scaling back of its stimulus.
Technicolor announced the completion of its refinancing transaction with Tech Finance Technicolor announced the successful completion of its refinancing transaction which allows them to borrow new funds at a lower interest rate.
Bharti discussed the sale of its Direct-to-Home unit to Liberty Media. Bharti Airtel is in discussions with American communications and media giant Liberty Media to put up for sale a stake in its unlisted Direct-to-Home line of business.
