Enstar Group pays US $692 million in order to control the reins Torus Insurance Holdings Ltd. Enstar Group, a management and consultancy firm specializing in insurance, announced the completion of the agreement that allows it to control management of Torus Insurance Holdings Ltd.
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Dell shareholder Yacktman supports Icahn buyout offer
Yacktman Asset Management expressed its support for Carl Icahn's buyout offer for Dell. Yacktman Asset Management, Dell Inc's stockholder gave its support for Carl Icahn and Southeastern Asset Management's buyout offer for the PC manufacturer.
LBO France Seeks Bids for Groupe Poult by End of July
LBO France sought to sell Groupe Poult by sending marketing materials to potential buyers and waiting for bids until the end of the month.
Fannie Mae Considers Selling US$1 Billion Worth of Home Mortgage Bonds
US government's Fannie Mae considered selling about US$1 billion of home-loan bonds. The mortgage financier regulated by the US government, Fannie Mae, planned to sell around US$1 billion of home-loan bonds.
Woori Sale Expected to Succeed Through Breakup
The sale of Woori Finance Holdings Co. was expected to succeed and earn about US$10.2 billion after four attempts.
Latest News
European governments agreed to release aid for Greece worth Eur3 billion as they continued to seek for enough financial calm.
Boathouse Capital and Tamarix Capital each shelled out US $5 million to und Convene. Convene, New York City's largest conference center, completed the fourth funding round by raising additional US$10 million which will be used to fund its expansion plans.
Scanbio Marine Group buys Biokraft; a deal that will allows them to boost their operational efficiency and enhance their service to the largest aquaculture companies in the world.
MTN Group Ltd. stalled its talks with Reliance Communications Ltd. due to India's current revision of rules on mergers and acquisitions.
US based Go Green Global Technologies Corp acquired patent portfolio from Water Treatment Systems over their Sonical product line
Carlyle Group planned to put Applus+ in a stock market listing to take advantage of the stock market's improvement.
Diamond Resorts expected to raise up to US$279 million from IPO. Diamond Resorts International Inc. said that it expected to raise up to US$279 million from its initial public offering.
Rexford estimated IPO terms revealed. Rexford Industrial Realty Inc. 's revealed the estimated terms of its planned initial public offering. The initial public offering aimed to raise funds for mortgage debt repayment and other purposes.
Deutsche Annington revived its initial public offering from Eur1.2 billion to just Eur575 million to Eur592 million.
