Etihad plans to invest USD600 million in Jet Airways after approval from Indian authorities. Etihad extended the regulatory clearance deadline of its USD600 million deal with Jet Airways.
Tags: Buyout
Malone not seeking bids for Liberty Global
John Malone, the US cable magnate who owns Liberty Global Plc said the company would consider proposals but is content with how the company is at present.
Imperial Tobacco to buy electronic cigarette unit of Dragonite International
Imperial Tobacco announced that it would buy the e-cigarette unit of Dragonite International Ltd in a deal worth USD 75 million.
Rakuten to acquire Viki for USD200 million - report
Japanese E-commerce giant Rakuten acquired video streaming site Viki for a reported USD200 million. According to a Techcrunch report, e-commerce site giant Rakuten acquired global video site Viki and would sign a reported USD200 million buyout agreement tomorrow.
OMV to purchase 40% stake in Madagascar's Niko Resources
Austrian oil firm OMV announced that it had agreed to buy a 40% stake in an offshore exploration block in Madagascar from Niko Resources.
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According to two sources who were familiar with the decision, Verizon Communications and Vodafone Group would be announcing a finalization of the USD130 billion exit deal, which would be financed in cash, stock and bank financing.
The boards of Verizon and Vodafone would vote over the weekend on the proposed USD130 billion buyout.
A Reuters report cited Wall Street Journal sources who said that Cumulus Media, a radio broadcasting company set its sight on buying out Dial Global, a content producer, for USD260 million in cash.
A source told Reuters that the European Union Commission will approve Swedish oil refiner Nynas and Royal Dutch Shell's deal despite antitrust concerns.
Women's boutique retailer Francesca's Holdings Corp. has ousted Lululemon as the most attractive company to date to land private equity bids.
State-owned Mubadala Development Co and Amsterdam-based Trafigura Beheer submitted joint bids for Eike Batista's MMX Mineracao & Metalicos.
RHJ International had said that Germany's banking regulator would probably give its decision on its planned acquisition of BHF-Bank by September's end.
Founders of ENRC announced that investors had already accepted up to 94.5% of its buyout offer. Founders of the Eurasian Natural Resources Corporation (ENRC) announced that investors had already accepted 94.
The purchase of Elster helped Melrose Industries increase its revenues for the first half of this year.
