MMG Ltd expressed interest in working together with partners as it seeks to further grow its business.
Deals
Investors take 94.5% of ENRC founders' buyout offer
Founders of ENRC announced that investors had already accepted up to 94.5% of its buyout offer. Founders of the Eurasian Natural Resources Corporation (ENRC) announced that investors had already accepted 94.
Playtech to spend over EUR 600 million for strategic acquisitions
Playtech said it intended to spend more than EUR 600 million for acquisitions to capitalize on the increased use of mobile devices for online betting.
Vivendi wants to close sale of Maroc Telecom unit this year
Vivendi CFO said the company still plans to complete the sale of its Moroccan unit this year. French multinational mass media and telecommunications company Vivendi said that it is still aiming for the sale of Maroc Telecom by the end of 2012.
Elster acquisition boosts revenues of Melrose Industries
The purchase of Elster helped Melrose Industries increase its revenues for the first half of this year.
Latest News
Bill Ackman lost half his investment after selling entire J.C. Penney stake to Citigroup. Former board member Bill Ackman is officially through with the retailer.
Verizon is now in discussion with banks to fund the USD130 billion buyout offer for Vodafone's 45% shareholdings.
Global firms had eyed on agrochemical manufacturers as agrochemical patents in India would expire by 2020.
Aircel Ltd announced refinancing its existing debt through a tie up of nearly INR8 billion loans. Aircel Ltd. is a privately held telecom operator. The company had announced seeking nearly INR8 billion in loans with IDFC and Credit Suisse.
ShopPad announced today that it had received a total of USD500k in seed funding from angel investors.
Delta Apparel Inc. announced today that its wholly owned subsidiary, To The Game LLC bought all assets of Salt Life Holdings including domestic and international trademark rights.
Today, Peer Advisors LLC had announced its acquisition for Celink, the biggest sub servicer of reverse mortgage loans in the US.
China Grand Auto is planning for a USD500 million IPO offering in Hong Kong. TPG backed China Grand Automotive Services Co had plans to list at least USD500 million of its shares in the Hong Kong bourse.
Endo Health Solutions announced acquisition of Boca Pharmacal for USD225 million. Endo Health Solutions Inc. is a specialty pharmaceutical company manufacturing both generic and branded drugs.
