AMP Capital offered to buy US$408 million worth of stakes for Power Co. (Photo : Reuters)AMP Capital offers to buy stakes in NZ Power Co. AMP Capital offered to buy 42% stake in New Zealand's second largest gas and electric distributor, Power Co Ltd.
Deals
Yardi Buys Price-Eislen
Yardi announced today that it has acquired Pierce-Eislen, a supplier of property and market level research.
Dentsu to Sell Shares to Pay Aegis Deal Debt
Dentsu Inc, a Japanese advertising company looked to raised as much as Y120.1 billion in a public share sale to pay its short term debt from the acquisition deal with Aegis Group Plc.
Bharti Airtel raises stake in Qualcomm Inc.
Bharti Airtel increased its current stake in Qualcomm Inc from the previous 49% to 51% announced last Thursday.
Samsung Buys Boxee Inc.
Samsung Electronics announced acquisition of Boxee Inc, a New York based startup firm with a top box product that can record TV broadcasts and stream online videos.
Latest News
Crest Financial said it was supporting Sprint's purchase of Clearwire's stake after Spint increased its bid from US$2.97 to US$5.0 per share.
Chesapeake Energy Corp announced selling a portion of its oil and gas holdings in southern Texas and Northern Louisiana.
Ranhill Energy of Malaysia launched bookbuilding for proposed IPO set for late July 2013 (Photo : Reuters)Malaysia's Ranhill Energy and Resources Bhd launched details for proposed IPO Ranhill Energy and Resources Bhd, the Malaysian energy and water company launched the bookbuilding for its proposed initial public offer of US$240 million in Malaysia.
Michael Dell’s US$24.4 billion bid to take Dell Inc private mounted odds as the Institutional Shareholder Services firm lean against the offer and the company’s board urged the founder and his partners to increase their bid.
AMP Capital Investors Ltd resumed acquisition of Japan’s stock with expectations that Japan’s Prime Minister, Shinzo Abe would win upper house votes.
Yahoo Inc acquired Xobni, an email and address book management app, to boost its Web traffic and revamp its online products.
Federal Communications Commission members approves Sprint-Clearwire-Softbank deal. (Photo : Reuters)FCC gives a green light for the Sprint-Clearwire-Softbank deal The FCC gave the Sprint Nextel-Soft deal the green light as they collected the final vote for the approval of the merger.
Egypt's stocks rose on Monday while headlines are abuzz about its president and the military. (Photo : Reuters)The image shows anti-Mursi protesters gathered at a public cafe while listening to Mursi's speech.
The following bids, mergers, acquisitions and disposals were reported on Wednesday. The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:- Samsung Electronics Co Ltd has acquired TV digital recording device company Boxee, the South Korean manufacturer said on Wednesday.
