In seeking acquisitions for greater investment return, Danaher Corp is choosing between Spectris and Pall as its first purchase.
Deals
Dell secures shareholder approval for USD24.9 billion buyout - source
On a September 12 meeting at Dell Inc's headquarters in Round Rock, Texas, the company was expected to announce that CEO Michael Dell and Silver Lake Management LLC got shareholder approval to proceed with the USD24.90 billion leveraged buyout.
Best Buy CEO Joly sells shares to pay for divorce
About 350,000 shares were sold by Best Buy CEO Joly to pay for divorce but this does not dilute his shareholdings in the company.
Dalian Wanda Group to invest in US hotel management companies
In an interview with Bloomberg News, China's richest man Wang Jianlin has hired two investment banks to assist his company in planned acquisitions of hotel management companies in the US and London.
Dell Inc set to meet creditor banks for leveraged buyout financial backing
The financing aspect of the leveraged buyout of Dell Inc by CEO Michael Dell and Silver Lake Partners was discussed for finalization.
Latest News
Synnex Corp. announced that it would acquire IBM's BPO services through a combination of cash and stock payment.
The Canadian government announced last Tuesday that it would sell 30 million General Motors common shares.
Tesco would lend Yucaipa investment firm GBP80 million to take Fresh & Easy stores off its hand. UK based Tesco would lend US billionaire Ron Burkle's Yucaipa investment firm GBP80 million.
Twitter announced on Monday through a blog post that it had acquired MoPub without disclosing the financial terms of the deal.
Eike Batista's MMX sold off its debt and partial stake to commodities trader Trafigura Beheer BV and sovereign wealth fund Mubadala Development Crop for the Sudeste port.
Toshiba Corp announced today that it would acquire a majority stake in Vijai Electricals priced at around USD200 million.
The interest rates and maturities of standing loans to back up the Verizon buyout of Vodafone was determined.
Blitsy, the online crafts company and site, received over a million dollars in seed funding from known institutional and angel investors.
USD800,000 was received by MobileRQ from its latest funding round. The initial funding round of MobileRQ was completed with Verizon Investments LLC leading the way.
