In a letter to shareholders on Monday, septuagenarian billionaire Carl Icahn said he would be giving up the fight against Michael Dell and Silver Lake Partners's buyout of Dell Inc.
Krehbiel family-founded Molex had agreed to be bought out by Koch Industries for USD7.2 billion.
The USD 130 billion price tag for the recently-concluded deal between Verizon and Vodafone was agreed over an exercise session and breakfast between the firms' two CEOs.
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.
Analysts said that General Electric Co would be eyeing Dresser-Rand Group Inc. and Dril-Equip Inc as potential takeovers.
According to a Delaware judge, ample time would be needed prior to the start of the trial for the Fiat-Chrysler deal.
A source told Reuters that Naguib Sawiris, America Movil and AT&T made preliminary contact with the core investors in Telecom Italia who wanted to exit the company.
Bearings maker SKF agreed to buy US-based Kaydon Corporation for USD1.25 billion in cash.
BioFire is bought out by BioMerieux for USD450 million, funded through debt.
Raiffeisen Bank International said it would be buying out the minority stake in its Croatian business.
Indonesia has been losing its attraction as a private equity goldmine due to increased competition, shifting government regulations and high valuation prices.
With nearly USD30 billion retained from the buyout, Vodafone is gearing towards expansion and technology upgrades.
The government of Afghanistan would be looking for favorable bidders for the privatization of the New Kabul Bank.
The Riverside Company announced its purchase of Rutland Plastics for an undisclosed amount.
Aquiline Capital Partners and Genstar Capital Management announced that they had closed their acquisition of Genworth Wealth Management in a deal valued at USD 412.5 million.
Subscribe to VCpost newsletter
Most Popular
- Trump Justifies Earning Millions from Foreign Governments During Presidency
- Supreme Court Hints at Granting Trump Criminal Immunity, Jan 6 Trial Delay Looms
- Martinelli's Apple Juice Recalled as High Arsenic Levels Raise Health Worries
- Businessman Who Shot His Wife to Death Thinking She Was an Intruder Gets Only 12 Years in Prison
- Jewelry Maker Cartier Agrees to Let Mexican Man Keep $13,000 Worth of Earrings Only Bought for $13 After Website Mistake
- Trans Woman Beaten to Death Outside Florida Ballet Studio
- Tyson Foods Found Dumping Million Pounds of Toxic Pollutants into US Waterways
- US Senate Approves Banning Import of Russian Uranium