Acquisition

Cooper seeks Supreme Court ruling forcing Apollo to close USD2.3 billion merger

American tire company Cooper Tires & Rubber Co. seeks to obtain a Supreme Court ruling forcing India's Apollo Tyres to complete the merger. The USD2.3 billion deal would make Apollo the seventh-biggest tire maker in the world.

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Ryan Corporation UK pays GBP 100 million to build tallest residential building in Europe

Ryan Corporation UK acquired a site in Canary Wharf, a business district in London, for GBP 100 million. The property company owned by Tom Ryan aimed to build a residential building that will tower over the highest building on the site.

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Deutsche Telekom acquires landline based GTS Central Europe

GTS Central Europe would provide expanded services through landline infrastructure to its purchaser Deutsche Telekom.

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Essilor International acquires sunglass maker Costa

Essilor International paid USD21.50 per share for Costa purchase.

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Groupon acquires South Korea's Ticket Monster

E-commerce company Groupon announced its third quarter revenue results and plans on acquiring Korea's Ticket Monster.

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CORRECTED: First Gulf Bank completes deal for Dubai First

The credit card business unit of Dubai Group was acquired by First Gulf Bank.

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Banks avoid financial backing for Etisalat over letter of support issued for subsidiary

Two of the most active banks in the Gulf region, Standard Chartered and Citigroup Inc have decided not to support Etisalat's loan for the acquisition of Maroc Telecom.

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Monroe Capital LLC funds senior credit facility for the acquisition of Gem Shopping Network

Monroe Capital announced the funding worth USD27.5 million for the use of an affiliate of Sun Capital Partners Inc for the acquisition of Gem Shopping Network.

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Anglo-American sells interest in Amapa iron ore mine to Zamin Ferrous

Zamin Ferrous purchases Anglo American shareholdings in Amapa iron ore mine in Brazil.

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McKesson obtains bridge loan

The approval for a bridge loan was given to McKesson to facilitate its acquisition of Celesio AG.

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LinnCo's bid for Berry Petroleum under SEC review

The bid made by LinnCo for Berry Petroleum is but one of the transactions that the US SEC is reviewing.

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Chong Hing Bank trading halted pending confirmation of buyout

Share trading of Chong Hing Bank and its parent company were suspended temporarily pending confirmation of the sale of the bank to Yue Xie Group.

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HAECO acquires Timco for USD388.8 million

Aircraft maintenance services provider HAECO expands services portfolio with the acquisition of Timco Aviation Services,Inc.

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Mezzan Holding acquires Invest AD

Invest AD, the distribution firm for Red Bull Energy Drink, was recently bought by Mezzan Holding Co to expand its consumer related business portfolio.

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Lenovo-BlackBerry deal will have obstacles - sources

According to sources familiar with the matter, any deal that Chinese computer maker Lenovo would push through with BlackBerry would cause regulatory hurdles.

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