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Founder offers to take troubled Best Buy private

Best Buy Co Inc (BBY.N) founder Richard Schulze on Monday made a bid to take the struggling U.S. electronics retailer private just months after being forced out as chairman.


DreamWorks China JV to open $3.1 billion Shanghai theme park

DreamWorks Animation SKG Inc (DWA.O) and its Chinese joint venture partners will open a theme park in Shanghai by 2016.

Nigeria's AMCON asks Citi to advise on bank sell-off

Nigeria's state-backed "bad bank" AMCON has appointed Citi and Renaissance Capital to determine the value of three lenders it nationalised last year before deciding on the best way to privatise them.

Deals of the day -- mergers and acquisitions

Bids, mergers, acquisitions and disposals involving European, U.S., Canadian and Asian companies. The following bids, mergers, acquisitions and disposals involving European, U.


Latest News

French engineering company Schneider Electric has received two offers in a second round of bidding for its U.S.-based sensors subsidiary.
Funds are increasingly moving away from their traditional exit route of listing mainland assets in stock markets.
Business process and technology services provider Genpact Ltd said U.S. private equity firm Bain Capital Partners will buy a 30 percent stake in the company from General Atlantic and Oak Hill Capital Partners.
Macquarie-owned broadcast transmission provider Arqiva is exploring options to refinance its 3.4 billion pounds ($5.3 billion) of debt raised when Macquarie acquired National Grid Wireless in 2007.
3i Group on Thursday announced a joint venture with U.S. fund manager WCAS Fraser Sullivan Investment Management to build a global debt management business.
AT&T Inc (T.N) is buying the equity of NextWave Wireless Inc (WAVE.PK) for up to $50 million and taking on $550 million of the company's debt .
The takeover of Canadian stock market operator TMX Group by a group of financial institutions has been approved by TMX's shareholders.
Australian clothing retailer Country Road will buy local rival Witchery Group in a $181 million deal.
Google Inc said on Tuesday it acquired marketing start-up Wildfire to help the world's largest Internet search company expand further into social media.
Lowe's Cos wants to spend C$1.8 billion to buy Canadian competitor Rona Inc,but the struggling Canadian retailer publicly rejected the offer on Tuesday.