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.
Deals
Deutsche Post gets EUR 2 billion loan
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.
Vista Equity Partners to acquire ACTIVE Network
Today, ACTIVE Network announced entering a definitive acquisition agreement with Vista Equity Partners in a deal priced USD1.05 billion.
Macquarie Group submits offer for Lloyds assets in Australia- sources
A source told Bloomberg that the Macquarie Group had made an offer for Lloyds Banking Group's Australian assets.
Law firms provide advice as to KKR purchase of Panasonic Healthcare
US and Japanese law firms provide legal assistance to the acquisition of Panasonic Healthcare by KKR & Co.
Latest News
Wall Street Journal reported on Sunday that Royal Dutch Shell would be selling its Eagle Ford unit in South Texas.
A Reuters report said that the USD2.5 billion takeover proposal of Cooper Tire and Rubber Co by Apollo Tyres Ltd would be awaiting shareholder approval.
King.com confidentially filed an initial public offering following the much awaited debut of Twitter Inc's IPO, said a person familiar with the matter.
Creditors were poised to provide USD5.9 billion loans to Tokyo Electric Power Co. (Tepco), according to a Reuters report.
According to news website Quartz, Twitter Inc. would make its IPO filing public this week and would probably start trading before the thanksgiving holiday on November 28.
According to five people, ING Groep might sell 43% of its stake in Vysya Bank and had been looking for a potential buyer for the transaction.
Blackstone Group had been in advanced talks with Bain Capital regarding the sale of 13.09% of its stake in Emcure Pharmaceuticals valued USD100 million.
Lawrence Ho planned to invest more than USD5 billion in Japan once Melco Crown Entertainment obtains permission to establish a casino in the country.
According to a statement from NZ Finance Minister Bill English, nearly half of the IPO shares in Meridian Energy was already spoken for by New Zealand brokers.
