Nationwide Financial Buys 17 Funds from Union Bank's HighMark

Nationwide Financial has announced that it is acquiring 17 equity and bond mutual funds with $3.6 billion in assets from Union Bank's HighMark Capital Management.


NFP Final Bidders Known

The finalists for the bids for NFP are TPG and Madison Dearborn. The two final bidders for wealth management company National Financial Partners are private equity firms TPG Capital and Madison Dearborn Partners.

BTG Investments to Offer Senior Five Year Bonds

Debt bonds with BBB Minus rating would be offered by BTG Pactual Group subsidiary BTG Investments. A subsidiary of BTG Pactual Group, BTG Investments is planning to sell off five year senior unsecured bonds by next week.

Royalty Pharma Urged for Firm Offer for Elan

Ireland’s Takeover Panel is urging United State's Royalty Pharma to firm offer for Irish drugmaker Elan by May 10.


Latest News

Dish Network would offer senior notes amounting to US$2.3 billion, double its previous announcement.
DAMAC Properties would be listing publicly in the Dubai bourse amidst high interest for IPOs in the region.
Midokura's network development software boosts its capital infusion with US$12M from INCJ and US$5.2M for other investors.
Telefonica Deutschland would be selling off Euro denominated bonds. The German subsidiary of Spain's largest phone company, Telefonica Deutschland Holding AG is now preparing to offer for sale of Euro denominated bonds as early as this month.
The German construction firm Hochtief is pushing to become leaner in its process to divest assets for the long term.
PT Saratoga Investama Sedaya and PT Mitra Pinasthika Mustika would be listed for their individual IPOs in Indonesia's bourse this year.
AstraZeneca purchases AlphaCore and its up and coming cholesterol drugs. AstraZeneca purchased through private placement US biotech company AlphaCore Pharma.
Astorg Partners leads the consortium that will purchase Canberra from Areva. Areva. the top nuclear reactor builder of France announced that it would be selling its nuclear radiation measurement subsidiary to a private equity group.
Vodafone shares tumble after Verizon denies takeover talk. Vodafone share values fell after Verizon Communications denied rumors of a takeover of its joint venture.
British Petroleum, in the wake of the 2010 oil spill liabilities, is selling off its wind farm operations in the US reportedly at US$1.5 billion.