The sale of SAME Deutz-Fahr's stake in Deutz AG caused the latter's stock to drop. The sale of SAME (Società Accomandita Motori Endotermici) Deutz-Fahr's stake in Deutz AG caused the latter's value to plunge.
Tags: Exit
PE firm LDC expects windfall from Matrix buyout
Private equity firm LDC would be expecting a windfall from the recent sale of energy management group Matrix and its parent company Green Sky Energy to German energy company E.ON.
Kazakhstan agrees on 8.33% stake sale of oil field to China- sources
Kazakh government sources told Reuters that the country had agreed to sell 8.33% of its stake in the Kashagan oil field to China.
Personalized e-commerce startup Wantful closes up after not able to secure additional investment
A Techcrunch news report said that personalized e-commerce and gift-giving startup Wantful would be shutting its operations down due to its inability to get additional capital.
Smithfield acquisition awaits shareholder approval after US clearance
Shuanghui International Holdings and Smithfield Foods Inc released a joint statement saying they received another clearance from the U.S. Committee on Foreign Investment on the food firms' USD4.7 billion takeover deal.
Latest News
Telegraaf Media Group (TMG) was able to raise EUR 391 million by selling its non-core stake in ProsiebenSat 1.
Blackberry Ltd. would be expecting an influx of takeover bids after its board's announcement that the company is open to "explore strategic alternatives", including a sale.
A source told Reuters that La Caixa would be selling 51% of its stake in Servihabitat, a real estate firm, to TPG.
Dixons said it would pay EUR 69 million to mutares AG for the latter's acquisition of PIXmania.
News Corp. sold 33 local newspapers of its newspaper portfolio to Fortress Investment Group LLC. An Associated Press report said that News Corp. sold 33 smaller publications of its newspaper portfolio to Fortress Investment Group LLC for an undisclosed amount.
Affin Holdings Bhd (AHB) was picked over its biggest competitor, AMMB Holdings Bhd (AMMB), to start talks in purchasing most of Hwang-DBS Malaysia Bhd's investment banking assets.
Yucaipa Cos. and billionaire Ron Burkle filed a letter to Morgans Hotel Group Co. Chairman Jason Kalisman demanding the sale of the New York-based hotelier.
The sale of 11% over Prosiebensat.1 is the start of the exit of KKR and Primera from the business. ProsiebenSat. 1 private equity owners are selling off an 11% share in the free-to-air broadcaster from Germany.
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.
