Three shareholders at Dell Inc said that they would vote against Michael Dell and Silver Lake’s proposed buyout offer valued at US$24.4 billion.
Deals
Orix Corp. to expand equity holdings to Southeast Asia, Middle East
Orix Corp. stated it would invest half a billion dollars in fast growing markets. Japan's most active financial firm in acquisition, Orix Corp. , revealed plans to spend JPY50 billion (US$506 million) on buyouts around Southeast Asia and the Middle East within the next 12 months tapping on faster-growing markets.
Icahn to raise bid for Dell Inc.
Billionaire investor Carl Icahn said in an interview with Bloomberg TV his planned sweetening of his takeover bid for Dell Inc with an additional warrant offer.
Quiksilver announces pricing of private offering
Quiksilver Inc announced the pricing of a previously announced offering for secured notes. Quiksilver, Inc. announced the pricing of their previous offering for Quiksilver and its wholly-owned subsidiary, QS Wholesale, Inc.
Lloyds shares opened for retail investors
Lloyds Banking Group shares set to be sold to retail investors Lloyds Banking Group announced that half of the government's GBP18 billion stakes in Lloyds is expected to be sold to retail investors.
Latest News
Samin Tan agreed to buy Bumi Plc shares for US$223 million Coal tycoon Samin Tan has agreed to a US $223 million deal that would elevate his stakes in Bumi Plc to over 47%.
Schneider Electric announced that they are in early talks to buy Invensys for US$5billion. Schneider Electric announced that they are in early talks to buy Invensys Plc.
Two of Mexico's brewers gets a warning against a possible duopoly. Mexico's Federal Competition Commission issued a warning to two of its biggest brewers to open up the market to other competitors or face heavy penalties.
SMART Modular Technologies open research and development facility in Taiwan. SMART Modular Technologies Inc. today announced that it has opened its first facility in Taiwan.
Internet provider, FreedomPop, gets additional US $5 million funding bringing its total to US $16 million.
Codelco would sell its non-key assets to fund its investments after receiving only US$1 billion from the government.
The investment company employs Peter Kotz, who has over 18 years of solid work experience. Gladstone Investment Corporation employed a new Managing Director for its Chicago office.
Sinosteel was in talks with Nigerian ministers for about US$6 million worth investment in Nigerian steel mill.
Comprehend secures US $8.4 million to fund expansion projects. Comprehend Systems, Inc has joined Sequioa Capital in securing US $8. 4 million series A funding, which will be used to finance the enhancement and development of its clinical data insights software.
