In a meeting on Tuesday, a whopping 96% of Smithfield Foods Inc shareholders voted in favor of the USD4.7 billion acquisition by Shuanghui International Holdings Ltd.
Tags: Buyout
Family of Applied Materials CEO will move to Tokyo in midst of Tokyo Electron deal
In a Bloomberg report, the news agency said that Applied Materials Inc Chief Executive Officer Gary Dickerson's dedication to close his company's USD9.39 billion Tokyo Electron Ltd acquisition would lead him to, according to sources, move his family to Tokyo.
Lixil on basic agreement to acquire Grohe for USD4 billion - CEO
According to a Reuters report, Lixil Group Corp Chief Executive Yoshiaki Fujimori said that his company had reached a basic agreement to buy bathroom equipment maker Grohe for JPY400 billion or USD4.05 billion from its owners.
Blackberry Patents may raise Fairfax debt - report
Financing for the Blackberry Ltd buyout by Fairfax Financial Holdings Ltd. would be largely dependent on the smartphone maker's debt-free assets, said financial analysts.
Berjaya Philippines unit extends HR Owen buyout deadline
Berjaya Corporation Berhad's Philippines unit, Berjaya Philippines Inc, extended its GBP42 million or USD65 million takeover bid offer to minority shareholders of British auto dealer HR Owen to October 11.
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Private equity firm Investcorp had purchased paper products company Paper Source for an unspecified amount.
Fairfax Holdings formalized a bid for BlackBerry at USD9 per share. In a surprise announcement, smartphone manufacturer BlackBerry had entered into an agreement to go private through a USD4.
In order to save the debt of Telecom Italia from being downgraded to junk status, a future with Telefonica SA seems to be the best option available for the Italian telecommunications firm.
In a lawsuit filed in a Delaware court, shareholders claimed that Dole Foods Co Chief Executive David Murdock manipulated events in order to have his 2013 USD13.50 per share buyout approved by the company executive board.
Pharmaceutical company Chiesi Farmaceutici SpA agreed on Monday to acquire the remaining stake it does not own in Cornerstone Therapeutics Inc for USD9.5 per share in cash.
US Federal Trade Commission (FTC)'s Bureau of Competition cleared Honeywell International's proposed acquisition of Intermec on the condition that they license some key patents out to a competitor.
Integrated Electrical Services Inc. announced today the completion of acquisition of MISCOR Group Ltd. paid through a combination of cash and stock.
New York Times' Dealbook reviewed several prominent private equity deals during the buyout boom, and gave an update how the companies had been faring.
The deal where America Movil bids for KPN Foundation is unclear. KPN, the Dutch telecommunications company, is in discussion with America Movil of Mexico as to Movil's EUR7.
