First offer of Schulman rejected by Ferro. After an initial snub, chemicals maker A. Schulman reinstated its offer to purchase Ferro Corp for US$563 million.
Tags: Buyout
IPO Option on the table for Chrysler
Chrsyler asks for IPO or buyout options from banks. Chrysler has invited banks to offer pitches scheduled for next month for IPO scenarios and results according to four individuals familiar with the decision.
Marchionne: Fiat-Chrysler Merger Could Be Possible by Year-End
Fiat's executive Sergio Marchionne expects the merger between the Italian carmaker and United States' Chrysler to close by the end of the year once he agrees on the buyout of the stake in the American unit.
Private Equity Firms Make 2nd Round Bids for Armacell Buyout
Charterhouse, HgCapital and Pamplona are the remaining companies battling to acquire German insulation company Armacell after Goldman Sachs Private Equity and Equiston withdrew from the auction.
Buyout and Venture Capital Deals in Latin America Hit 5-Year High
New York-based Latin American Private Equity and Venture Capital Association disclosed that buyout and venture capital firms spent $7.9 billion on acquisition activities in Latin America last year as they benefited from fundraising to gain capital.
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China Fishery Group offered to purchase Copeinca, thus moving the Peruvian firm to seek proper financial advice.
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.
Oil group Repsol reached a deal for the sale of its 5% stake to Singaporean government fund Temasek as it hopes for financial stability.
Petronas or Petroliam Nasional is being urged by Employees Provident Fund to increase its price to buyout liquefied natural gas shipper MISC.
The new chief executive of Arabtec said that there are no attempts made by Aabar to increase shares in the investment fund.
Sources said that Comark apparel chain is currently on the process to be sold, with an expected amount of up to $400 million based on multiples of other deals in the retail industry.
The consortium, which is under the control of Carlyle Group, and its company management have reached a deal to make Chinese economy hotel chain 7 Days Group Holdings Ltd. private for $688 million.
Lenders in Spanish has been eyeing to acquire nationalized Catalunya Bank, which was bailed out last year amidst the crash of Spanish proper five years ago.
German group Bertelsmann is set to purchase the stake of KKR in the music rights management firm BMG.
