CT Corp announces to buy 80% of Telkomvision stake in Indonesia for less than US$100 million deal. (Photo : Reuters)CT Corp Founder and Chairman Chairul Tanjung June 5, Indonesian billionaire Chairul Tanjung agrees to buy 80% stake in the second largest pay-TV operator in the country, Telkomvision.
Deals
Bayer Acquires Conceptus
Bayer purchases Conceptus shares and becomes majority shareholder without need for shareholder vote due to right to top up the transaction.
Akhmetov's SCM Purchases Ukrtelecom
Akhmetov's SCM has purchased 92.79% of Ukrtelecom from EPIC of Austria. Rinat Akhmetov, Ukraine's richest business mogul, owns a firm that had recently announced that it was purchasing Ukrtelecom, the former Soviet Republic's biggest fixed line operator.
Settlement Reached for Jefferson County’s Sewer Debt
Jefferson County finally reached settlement for its debts with seven hedge funds including JPMorgan Chase & Co.
Russia's MTS In Discussions to Acquire Akado
MTS is discussing acquisition of Akado, a major broadband and cable TV provider in Moscow, Russia. Last Wednesday, Kommersant Daily reported that MTS is in discussion to acquire Akado, a major broadband and cable television provider in Russia.
Latest News
Bill Gates leads investment of US$35 Billion for ResearchGate, a Berlin based network for scientists.
Fiat launched the first part of the three-part financing deal to refinance current loans of Fiat and Chrysler prior to engaging a deal to buy out the rest of Chrysler.
Real estate investment trust fund, American Homes 4 Rent files US$1.25 Billion IPO for its Class A shares.
Cinven Ltd, KKR & Co LP and Warburg Pincus LLC are weighing deals to bid for PRA International, a clinical research group.
United Airlines engages to buy biofuels for their flights from AltAir Fuels for a three-year contract.
Canadian Industry Minister, Christian Paradis squashes Telus Corp's application for a takeover deal with Mobilicity following the Canadian ban for spectrum licenses acquisition from smaller rival companies.
Glass Lewis advices shareholders to hold off the takeover vote for SoftBank Corp's takeover bid on June 12.
A private auction was launched that drew companies including GE, Rockwell Collins and Thales SA interested to bid for Arinc Inc.
Pactel is acquired by the partnership of TA Associates and SpeedCast. One of the leading global private equity firms, TA Associates has entered into an agreement with its portfolio company SpeedCast Ltd to acquire Pactel International.
