GSK had agreed to put its thromobosis drugs on sale to Aspen Pharmacare with proceeds to be used for general corporate purposes.
Deals
San Miguel sells stake in Manila Electric
San Miguel Corp sold its 27.1% stake in Manila Electric Company to JG Summit Holdings Inc. valued around USD2 billion.
Clinton Group increases stake in Nutrisystem
Clinton Group had increased its stake in Nutrisystem Inc. by 5.2%, according to a filing on Monday. Activist hedge fund Clinton Group had increased its stake in Nutrisystem Inc.
Deutsche Wohnen shareholders give approval for share issue on GSW Immobilien acquisition
Deutsche Wohnen investors approved a share plan for the purchase of GSW stock. The shareholders of Deutsche Wohnen gave its stamp of approval to the share plan for the purchase of GSW Immobilien.
Nigerian President gives control of power firms to private companies
Nigerian President Goodluck Jonathan handed control of 14 power companies formerly owned by the state to private investors.
Latest News
Private equity firms invested an undisclosed amount on the initial tranche of PaletteApp's Series A round.
Deutsche Post raised a EUR 2 billion through a revolving credit facility. Deutsche Post obtained a EUR 2 billion or USD 2. 7 billion loan as interest rates fell in Germany.
Today, ACTIVE Network announced entering a definitive acquisition agreement with Vista Equity Partners in a deal priced USD1.05 billion.
A source told Bloomberg that the Macquarie Group had made an offer for Lloyds Banking Group's Australian assets.
US and Japanese law firms provide legal assistance to the acquisition of Panasonic Healthcare by KKR & Co.
Russian oil producer Rosneft announced on Monday that it would be buying out the minority shareholders of TNK-BP Holding for USD1.5 billion to complete its USD55 billion takeover of TNK-BP.
By providing capital during the 2008 crisis, Berkshire Hathaway now reaps the profits in terms of Goldman Sachs stock.
Colombia's largest private oil company Pacific Rubiales Energy Corp intended to purchase oil producer and explorer Petrominerales Ltd in a COP COP1.6 billion or USD1.55 billion deal, according to its regulatory filing.
Wall Street Journal reported on Sunday that Royal Dutch Shell would be selling its Eagle Ford unit in South Texas.
