Aquiline Capital Partners and Genstar Capital Management announced that they had closed their acquisition of Genworth Wealth Management in a deal valued at USD 412.5 million.
Tags: Acquisition
Yanchang Petroleum agrees CAD 232 million acquisition of Novus Energy
Yanchang Petroleum would be purchasing Novus Energy CAD 232 million or USD 220 million. Yanchang Petroleum International would acquire Novus Energy for CAD 232 million or USD 220 million.
Bright Food Group in 'preliminary' talks for stake purchase in Tnuva Food Industries
China-based Bright Food Group has planned to buy a stake in Israel's Tnuva Food Industries. Bright Food Group Co said it could buy a stake in Tnuva Food Industries Ltd.
UK regulator to prosecute Olympus over Gyrus acquisition accounting fraud
Japanese camera and endoscope maker Olympus Corp. would be prosecuted by UK's Serious Fraud Office for providing "misleading, false or deceptive" information in its Gyrus Group's financial accounts dating fiscal years 2009 and 2010.
Microsoft will buy Nokia's handset biz using USD60 billion offshore holdings - report
According to an investigative report by the Huffington Post, Microsoft Corp would be dipping into its USD60 billion offshore holdings to finance its Nokia handset business acquisition in cash.
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Ares Commercial Real Estate Corporation said today that it has closed a previously announced deal to acquire Alliant Capital LLC.
In an announcement, Actix was acquired by Amdocs for a purchase price of USD120 million. One of the leading providers for customer experience services and systems announced its entry into an agreement to purchase privately held Actix for the price of USD120 million in cash.
While the terms remained private, Estancia purchases a minority stake in Equinoxe. One of the leading private equity funds that focus on global asset management and other related business industries, Estancia Capital Partners LP, recently announced its acquisition of a minority interest in Equinoxe Alternative Investment Services.
Sources told the Wall Street Journal that consumer goods maker Jarden Corp would buy scented candle maker Yankee Candle for USD 1.75 billion.
PT Indofood Sukses Makmur offered SGD488 million in cash for the vegetable processing firm Minzhong Food Corp.
The Dogan Group made a USD 742 million offer to purchase 53% of Digiturk, a digital pay-TV provider.
Global Ports Investments announced that it had agreed to acquire the National Container Company for USD 652 million.
Austrian oil firm OMV announced that it had agreed to buy a 40% stake in an offshore exploration block in Madagascar from Niko Resources.
The Central Bank of Malaysia said no to the proposal of BIMB Holdings to issue Islamic bonds to fund its purchase of Bank Islam.
