H.J. Heinz Company today announced the completion of its previously announced acquisition by an investment consortium comprised of Berkshire Hathaway and an investment fund affiliated with 3G Capital.
Deals
Twilio Inc. To Get US$70 Million for Expansion on Mobile Messaging
Twilio Inc. raised US$70 million from venture capitalists where funding was headed by Redpoint Ventures.
Clearance for SoftBank-Sprint Deal Confirmed by Justice
The Federal Communications Commission through its website announces no objection with the SoftBank offered bid of US$20.1 billion to acquire Sprint Nextel.
Ontario Teachers To Vote for Sprint-SoftBank Deal
The Ontario Teachers Pension Plan will vote for the Sprint-SoftBank deal as it is the fifteenth biggest shareholder in Sprint Nextel Corp.
Royalty Pharma Increases Bid For Elan to US$8 Billion
Royalty Pharma raised its hostile bid for Irish drug firm, Elan from US$12.50 to US$13. (Photo : Reuters)The image is the corporate logo of Royalty Pharma, the healthcare focused equity fund.
Latest News
Football star Didier Drogba invests in a mine in his home country of Ivory Coast as his latest move after his humanitarian work.
Marchionne discounts speculation that Fiat would accumulate more debts when it purchases the Chrysler stake of VEBA.
NRG Yield, a unit of NRG Energy Inc, would be offering its Class A shares through an IPO. A unit of power generator firm NRG Energy Inc. , NRG Yield has filed with US securities regulators an application for an initial public offer of its class A shares.
LongRivers Partners to make a new bid for water utilities firm Severn Trent Plc. (Photo : Reuters)The image is the profile of a water faucet. Severn Trent Plc, the United Kingdom's second biggest publicly traded water utility, would receive an improved bid from an infrastructure investor from Canada and the sovereign wealth fund of Kuwait.
Blackstone and Patria Investimientos purchases shares in Gafisa's Alphaville Urbanismo. (Photo : Reuters)The image is the Blackstone Group logo. Patria Investimentos Ltda and its partner, the Blackstone Group have entered into an agreement to purchase 70% shareholdings in Alphaville Urbanismo residential-development business owned by Gafisa SA.
Vodafone, to entice it to sell off its share in the joint venture with Verizon Communications, would require something between US$135 billion and US$140 billion.
On Friday, Partnership Assurance Group was valued more than US$2.4 billion in its debut at the London Market.
Macau Legend Development is seeking US$788 million initial public offering to be able to fund construction of new hotels in the country.
Partnership Assurance Group debuts in London Stock Market at GBX385 per share on Friday. (Photo : Reuters)The image is the corporate logo of Cinven, the majority shareholder of Partnership Assurance Group.
