Private equity firm CVC is holding early talks with McCarthy & Stone's former chairman Alan Bowkett to decide on the bid for acquiring the UK's argest retirement home builder.
Sectors
Hecla Mining to Acquire Aurizon Mines for About C$796 Million
U.S. silver mining company Hecla Mining Co. is set to buy Aurizon Mines Ltd. as part of its attempt to gain access to a Quebec gold mine.
Middle East Consortium Bids for Arsenal FC
A Qatari and UAE consortium would offer to purchase Arsenal FC from Stan Kroenke. A consortium of investors from Qatar and the UAE are preparing to bid for English Premier League football club Arsenal.
Sky Network Television Confirms News Corp.'s 44% Stake Sale
New Zealand's dominant television company Sky Network said that News Corp., its major shareholder, will be selling its 44% stake to institutional and retail investors.
MetroPCS Pressured to Update Documents for Merger with T-Mobile
MetroPCS faces pressure from P. Schoenfeld Asset Management, which owns about 2% of its shares, to update the merger documents with the Deustche Telekom AG's unit T-Mobile USA to reflect T-Mobile's earnings.
Latest News
The soccer club Arsenal insisted that its American billionaire Stan Kroenke, who owns a two-thirds in the London club, has no plans for selling his majority stake despite criticisms.
According to its CEO, Aabar would not increase its shareholdings in Arabtec. Investment fund Aabar is not seeking to increase its current 22% stake in Arabtec.
Oil group Repsol reached a deal for the sale of its 5% stake to Singaporean government fund Temasek as it hopes for financial stability.
Temasek increases stake in Repsol. Repsol, the oil conglomerate from Spain, has announced the sale of another 5% interest to the Singaporean government fund, Temasek.
Japan Exploration purchases ten percent stake in Petronas Canada stake. A ten percent stake in a shale gas and liquefied natural gas joint project has been purchased by Japan Petroleum Exploration from Malaysia's Petronas.
Carlsberg is bidding for buyout of 30.31% share in Chinese brewer Chongqing Brewer Co. as it hopes growth in China.
Carlsberg set to take a bigger stake in Chongqing Brewery. Carlsberg has undertaken a takeover bid in the amount of 2. 65 billion Danish crowns or US$461.
Agrium draws battle lines with hedge fund Jana Partners. Agrium the fertilizer maker is at war with its biggest shareholder Jana Partners when the Agrium criticized the plan of Jana to break up the company.
Singapore Telecommunications, along with Amdocs, a software provider for telecoms, have opened a new development center in Israel in addition to similar centers in Singapore and Boston.
