Japan’s Marubeni said that it will leave Gavilon’s energy arm from the proposed takeover deal. (Photo : REUTERS)Logo of Marubeni Corp is seen at the company's head office in Tokyo Marubeni Corp, a Japanese trading house states that it will cut its planned takeover deal over Gavilon's energy business.
Deals
UPDATE: Elan Rejects Fresh Bid from Royalty
Elan rejects the newest bid from Royalty and seeks to look at other unsolicited interested parties.
AstraZeneca Acquires Pearl Therapeutics for US$1.15 Billion
AstraZeneca purchases Pearl Therapeutics for US$1.15 billion, making it the second firm in Britain to rebuild products through deal making.
Nok Air and AirAsia X to Raise Funds in IPO
Amid the booming air travel industry, Nok Air and AirAsia X announced IPO for their shares to be used for the companies' expansion plans.
UPDATE: Unless Severn Trent Engages in Discussion, Bid Consortium Will Walk Away
LongRiver Consortium will walk away from the proposed US$8.2 million bid unless Severn Trent engages in discussion with the company.
Latest News
On Sunday, Google was reported to be in close discussion to acquire Waze for US$1.3 billion. (Photo : REUTERS)The Google logo is seen on a computer monitor at Google's Hong Kong office According to reports on Sunday, Google is close to purchasing Waze for US$1.
The deal between Smithfield Foods and Shuanghui International may face legal challenges as Midwest states prohibits foreign ownership over agricultural lands.
Severn Trent rejected the raised bid from LongRiver consortium. (Photo : Reuters)The image is the corporate logo of Severn Trent Services. Severn Trent, a British water firm rejected the increased US$8.
According to sources, Bank Al Khair is expected to merge with commercial bank, Khaleeji Commercial Bank.
Fiat SpA can technically head off the Chrysler IPO through a buyout according to its CEO Sergio Marchionne.
Mediaquest acquires AME Info and SME Info with many buyout provisions affecting current operations and staff complement.
Chrysler Jeep is looking for a Chinese partner for the manufacture of the vehicle in China. (Photo : Reuters)The image is the emblem of Chrysler Jeep. Fiat, the Italian carmaker is looking towards China for a partner to assist in the manufacture of the Chrysler Jeep brand in the largest car market in the world.
Berkshire Hathaway expressed interest in purchasing assets owned by Unipol. (Photo : Reuters)Berkshire Hathaway's fourth-quarter profit plunged sharply in part on an underwriting loss in its reinsurance business related to life insurance.
Dillon, the owner of Chateau Haut-Brion acquires nearby Chateau L'Arrosee. (Photo : Reuters)The image is the standard wine tasting done during a wine auction.
