Vintage Capital prices Anaren shares at US$23 per share in its purchase offer. Vintage Capital Group LLC, the investment firm has offered to purchase Anaren Inc for the price of US$23 per share.
Sectors
Tengram Overshoots Target for Fundraising
Tengram Capital Partners has raised US$173 million in commitments, more than its original US$150 million target.
Meriton Apple of the Eye for many Asian Builders
According to Meriton CEO, there have been offers to purchase part or all of the firm. Meriton Pty, the biggest apartment developer in Australia, has said that Canadian pension funds and investors from both the United Kingdom and China have shown interest in purchasing the company.
China Blesses Glencore-Xstrata Merger
China conditionally approves Glencore-Xstrata merger. The merger plan of Glencore and Xstrata cleared its final hurdle when the Ministry of Commerce of China backed the deal's completion.
Arcadia Shutting Down Dubai and Switzerland Operations
In a decision, Arcadia is shutting down operations in Dubai and Switzerland as well as a change in CEO.
Latest News
Biosev SA, to ease concerns about Brazil's equity market, offers a money back guarantee for its IPO.
AMR Corp, the parent of American Airlines, is nearing bankruptcy exit and with that, merger of the two air carriers is near.
Wilmar pays out US$263 million for 54% controlling stake in Consumar. The largest sugar cane miller in Australia, Wilmar International Ltd has purchased 27.
Bain Capital LLC's Capital Fund XI is in the process of finalizing its subscriptions from investors.
The Mexican Federal Competition Commission has disallowed Pfizer from using Pfizer baby food brands for twenty years.
According to Dish CEO, the offer to purchase Sprint-Nextel is not contingent on the outcome of the Sprint-Clearwire negotiations.
Winter apparel maker Canada Goose seeking investors for expansion purposes. Canada Goose, the winter apparel maker, has engaged the services of investment bank Canaccord Genuity to assist in exploring options for the firm.
Hochtief AG is expecting to sell off its airport assets for Eur1.2 billion. ACS Global of Spain's subsidiary Hochtief AG has received offers for its airport unit according to a report Monday from Reuters.
In a statement, Canadian asset manager Gluskin Sheff + Associates have taken off the for sale sign for the meantime.
