Sources told Bloomberg that Power Asset Holdings had approached banks for a USD 4.8 billion loan. Power Asset Holdings Ltd had been seeking a USD 4. 8 billion or HKD 37.
Tags: Acquisition
Meetup makes first acquisition, buys Dispatch
Meetup had acquired its first company, tech startup Dispatch, for an undisclosed amount. Offline group meeting facilitator platform Meetup had made its first acquisition.
Private equity-backed Verisae buys Hara Software
Verisae acquired Hara Software for an undisclosed amount. Verisae announced its purchase of Hara Software. No financial terms were disclosed. However, Verisae Chief Executive Officer Jerry Dolinsky said the acquisition was highly strategic.
Thoma Bravo acquires Empirix
Thoma Bravo would be purchasing Empirix Inc for an undisclosed amount. Private equity firm Thoma Bravo announced that it had inked a definitive agreement to purchase Empirix Inc.
Peugeot eyes partnerships for overseas expansion
French carmaker Peugeot-Citroen said it would be considering new cooperation agreements with various firms to fund its overseas expansion efforts.
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Citing the national security provisions of the Investment Canada Act, the purchase of Accelero of the fiber optic network owned by MTS Allstream was blocked by the Canadian government.
Today, Whitestone REIT announced it acquisition of Fountain Hills Plaza paid through an all cash transaction.
B&G Foods Inc announced today that it had acquired Rickland Orchards through a combination of cash and stock payment.
Today, Biomet Inc announced entering a definitive agreement to buy Lanx Inc. that would be subject to customary closing conditions.
DukeNet serves as the gateway to the Southeast United States, thus an acquisition of this magnitude was an easy choice to make.
Oil and gas energy company First Titan Corp was reportedly at the end of closing its acquisition deal of a potentially profitable oil zone based in Hardin County, Texas.
Private equity firm Inflexion bought On The Beach for GBP 73 million from Isis Equity Partners. UK-based private equity firm Inflexion purchased online travel agent On The Beach for GBP 73 million or USD 11.
Scottish Equity Partners backs up Tryzens acquisition from Jaywing Plc. Tryzens CEO Terry Hunter together with his senior executive team had just completed the acquisition of Tryzens Ltd from parent firm Jaywing Plc.
Sources told Bloomberg that Darling International was closing in on a deal to buy Vion Ingredients, the meat rendering business of Vion Food Group Ltd.
