Tags: Mergers & acquisitions
BP Gives $8 billion Back to Shareholders After TNK-BP Sale
BP is set to return $8 billion to investors using a share buy-back programme after it promised last October to offset any dilution to earnings per share from TNK-BP Sale.
Temenos Buys TriNovus
Temenos, a Swiss financial services software provider, said it completes its acquisition of U.S.-based compliance technology firm TriNovus in addition to its 800 institutional clients.
Rosneft Chief Financier Steps Down After TNK-BP Deal
Dmitry Avdeyev, Rosneft's chief financier, steps down from the position after the Russian oil producer said that it had completed its acquisition of TNK-BP.
Private Equity Firms Seek Limited Role of Japan's Government Funds
Private equity companies are calling to the Japanese government for the limited role of the country's two largest government funds which have been successful in taking over companies.