Orthopedic devices seller Stryker Corp announced that it had agreed to acquire Mako Surgical Corp for USD 1.65 billion.
Deals
Health Management Associates Inc's board evaluates bid from Community Health Systems
Health Management Association is reviewing the takeover bid offered by Community Health Systems. The new board of directors of Health Management Associates Inc had hired financial advisers to review the USD3.
Chatham Lodging Trust to sell off 3.3 million shares in its IPO
The proceeds for the 3.3 million shares in Chatham Lodging Trust sale would be used for debt payment and general corporate purposes.
YouTube give uploaders power over comments with new Google+ tools
Youtube and Google+ had teamed up to improve the system of moderating comments in Youtube, and recently did a soft launch with a limited number of Youtube users.
Blackberry Patents may raise Fairfax debt - report
Financing for the Blackberry Ltd buyout by Fairfax Financial Holdings Ltd. would be largely dependent on the smartphone maker's debt-free assets, said financial analysts.
Latest News
RANOVUS raised USD 11 million from various venture firms for its latest financing round. RANOVUS Inc announced that it was able to raise USD 11 million in its financing round.
Opus Global Holdings is partnership between GTCR and Douglas Bergeron to deliver Leaders Strategy for firms.
GE Healthcare Life Sciences would be constructing the KUBIo biopharmaceutical factory for JHL Biotech in China.
The New York Post reported that Twitter had been talking to major banks to help set up a credit facility line in the range of USD500 million to USD1 billion prior to its initial public offering that may happen before Thanksgiving.
The Carlyle Group purchases the Metropolitan Real Estate Equity Management LLC. The Carlyle Group, the global alternative asset manager, announced it had agreed to purchase Metropolitan Real Estate Equity Management LLC.
Stanford Asia Holding, a subsidiary of Stanford Marine Group, received a USD 300 million loan facility.
Stakeholders of Prime Office REIT-AG approved the plan to merge with Oaktree Capital Group's German real estate business.
PKP Cargo SA said in a statement today that its major investor, Polish State Railway, would be divesting its stake in the former's freight transportation unit that would reportedly fetch around PLN1.65 billion or USD526 million.
In accordance with its expansion plans, Fonterra Cooperative Group is now building a UHT milk processing plant in China, despite a recent poisoning scare and corruption investigations done by government.
