Spanish telecomms company Telefonica has offered cash and shares of German unit for KPN's E-Plus.
Deals
India's Everstone Capital buys minority stake in HLF
Everstone Capital agreed to acquire a significant minority stake in Hinduja Leyland Finance. Everstone Capital revealed that it had agreed to invest around INR200 crore in Hinduja Leyland Finance.
Mongolia's State Bank to take over 503 Savings Bank branches
State Bank is set to take over the fifth-largest lender in Mongolia. Savings Bank, Mongolia's former fifth-largest lending entity, will be taken over by its state-owned competitor, State Bank after being declared insolvent.
Baxter Gains Conditional Approval to Purchase Gambro
Baxter International wins approval of EU after divesting of CCRT. Dialysis products specialist Baxter International Inc. (BAX) earned conditional approval to purchase Sweden-based competitor Gambro AB from the European Union.
Haniel Hires JPMorgan to Advise on Sale of Celesio Stake
Haniel & Cie GmbH hires JPMorgan to decide on sale of Celesio stake. Holding company Franz Haniel & Cie GmbH has acquired the services of JPMorgan Chase & Co.
Latest News
Activist hedge fund Third Point LLC decided to sell back 40 million worth of shares to Yahoo Inc. On Monday, Third Point LLC, an activist hedge fund, agreed to sell 40 million worth of shares in Yahoo back to the internet company.
Pharmaceutical giants Pfizer, AstraZeneca and Novartis are among those to propose bids for Onyx Pharmaceuticals.
Yahoo has purchased 40 million shares owned by Third Point at US$29.11 per share. Third Point LLC, the firm headed by Dan Loeb, was at the forefront in the change of Yahoo's board a couple of years back.
Hasbro Games remakes classic games and gains 19 percent increase in sales. World-famous toymaker Hasbro Inc. (HAS) is showing promising results in the sales of its games through iPad.
Beacon Equity Partners relinquishes its ownership over IP software Anaqua Inc in favor of Insight Venture Partners.
Clinicient gets USS $2.5 million investment from SaaS Capital to fund its product development and research including sales and market boost.
Creme Mel Sorvetes, mid-est Brazil's largest ice cream producer and distributor, gets investment from HIG Capital.
TriGate Property Partners closes at US $324.2 million; beyond its US $300 million target. Park Madison Partners, a real estate advisory firm, oversubscribed from its target fund raise of US $300 million for the closing of TriGate Property Partners.
Roark Capital acquires restaurant chain Miller's Ale House bringing its restaurant investment to 13.
