Tags: Acquisitions
Deals of the day - M&As
The following bids, mergers, acquisitions and disposals were reported on Wednesday. The following bids, mergers, acquisitions and disposals were reported on Wednesday:Billionaire investor Carl Icahn promised Dell Inc shareholders that the company would buy back up to $16 billion of stock if they join his campaign to stop the computer maker from going private.
Apollo Tyres fell by 18% After Cooper Deal
India-based Apollo Tyres Ltd shares were down by 18% after the announced US$2.4 million deal to acquire Cooper Tire & Rubber Co. due to worries of the company's debt.
The Gores Group Acquires Etrali Trading
The Gores Group purchases Etrali Trading Services from France Telecom-Orange. The global investment firm, the Gores Group together with France Telecom-Orange, the worldwide telecommunications service provider, had announced the acquisition of Etrali Orange Business Services - Trading Solutions.
Nestle SA seeks retention of S&P Credit Rating
Nestle SA has a AA credit rating from S&P, which would determine the future acquisitions it would be making.