Michael Dell has received support from Institutional Shareholder Services Inc. for the $24.4 billion acquisition of his company.
Deals
Mylan’s US$1.6 Billion Deal Put On Hold
Mylan’s acquisition of a unit at Strides Arcolab Ltd announced July 8 was deferred by Indian regulators.
Moelis Plans U$35 Million in Payouts to Staff, Investors
Moelis & Co decided to pay US$35 million to its investors and employees that held a stake in the firm.
Bidders In A Race To Buy Hulu
Three bidders in a race to purchase Hulu Hulu attracted three bids worth over US$1 billion from interested companies. The bidders include the partnership of AT&T and Cherin Group.
LVMH To Buy Control of Loro Piana
Last Monday, LVMH announced an 80% acquisition deal of Loro Piana priced at Eur2 billion. On Monday, LVMH said that it has acquired 80% of Loro Piana, an Italian luxury cashmere clothing brand.
Latest News
Greece got cash lifeline funded by the euro zone and the International Monetary Fund which spared the country from incurring debt default by August.
Yanzhou of China offered to buy the remaining shares that they do not yet own in coal mining company, Yancoal
The shareholders at Clearwire approved the buyout bid from Sprint Nextel to acquire more than 49% of the company that it does not own on Monday.
Aptech Limited revealed plans to expand through its career education system. Aptech Limited, a Mumbai-based education company, has opened itself to acquisition opportunities that are in line with career education, to which it now focuses on, according to Ninad Karpe, CEO and managing director of Aptech Limited.
In its bid to enhance the services it provides, Accenture buys Acquity Group Ltd for US $316 million
Leading cloud computing solutions acquires company known for identity and access management. EMC Corp. announced the acquisition of Aveksa Inc. , one of the leading companies in identity and access management (IAM) for businesses.
The oil and gas company released convertible notes worth US $1.905 million to fund project in South Australia.
The data server company clinched a deal with Summit Partners to fund its expansion. Real-Time Big Data Server company WebAction, Inc announced that it has clinched an US$ 11 million financing for research and development expansion, sales and marketing investment increase and other business expansion endeavors.
UK's BlikBook continues its growth as it enters another round of financing to defray investment costs and business expansion.
