Valeant purchases Bausch & Lomb to create business unit that can generate US$3.5 billion in net revenue.
Deals
Quill Announces Successful Funding Round
Quill's CEO and founder announces GBP1 million funding round. In an announcement, Ed Bussey said that it had closed GBP1 million as investment in Quill.
The Crown Estate and Oxford Properties Enter into Joint Venture
Britain's Crown Estate enters into a joint venture agreement with Canada's Oxford Properties for the redevelopment of the St James district.
Kazakhmys Sells Off MKM
Kazakhmys sells off MKM to an undisclosed buyer. Kazakhmys, the copper mining firm from Kazakhstan, announced last Tuesday that it had sold MKM, its semi-finished copper products business in Germany.
TECO Energy and Continental Energy to Purchase New Mexico Gas
TECO Energy and Continental Energy agrees to purchase New Mexico Gas Co. In an announcement, TECO Energy Inc had said it had entered into a stock purchase agreement with Continental Energy Systems LLC and its unit, New Mexico Gas Intermediate Inc.
Latest News
Hikma Pharmaceuticals is prepared to make many acquisitions with the funds it has set aside. Hikma Pharmaceuticals, based out of London, says it has set aside US$600 million to pay for acquisitions it would be making in the Middle East and Africa.
According to its CEO, Majid al Futtaim is earmarking between US$600 million and US$1 billion for acquisitions this year.
Singapore Press would be undertaking the REIT IPO of two malls in its portfolio. Singapore Press Holdings Ltd had announced last Monday that it is planning to list two shopping malls worth Sing$3.
A consortium of Club Med's top shareholders, Fosun International and AXA Private Equity preparing to bid Eur17 per share.
Pfizer would be offering a voluntary stock exchange program with current shareholders for Zoetis shares.
Kion Group has said it is biding its time with its scheduled IPO. The second largest manufacturer of fork lifts in the world, Kion Group has said it is ready to undertake an initial public offer of shares.
Pay television operators amongst the bidders for Hulu. An anonymous source with direct knowledge of the transaction identified pay television operators DirecTV and Time Warner Cable as among the bidders, aside from Yahoo and the consortium led by Peter Chermin.
News Corp announced it is splitting its entertainment business from its publishing empire. (Photo : Brendan McDermid/Reuters)News Corp said on Friday it bought SportsTime Ohio, a Cleveland-based regional sports network that broadcasts Cleveland Indians baseball games.
Bluefly's treasury shares as well as shares held by stockholders were purchased by Clearlake Capital.
