CBS is expected to offer $100 million for One Equity Partners' stake in TV Guide Network, sources cited.
Deals
Top PE-Backed Leveraged Buyouts of All Time
Leveraged buyouts backed by private equity involved big names since financial crises. Leveraged buyouts backed by private equity have now caught world's attention as they continue to emerge since the economic meltdown.
U.S. M&A Activity Sees Growth with Confidence
U.S. companies have become more confident in completing larger acquisitions as the country shows receovery.
Brazil's Foreign Language Schools Seen With Increasing Takeover Activity
Foreign language schools market in Brazil are seeing a number of takeover. A number of takeovers in the foreign language schools market in Brazil have hinted education companies that the sector is growing fast as the demand for English-speaking women continues to rise.
India Deregulates FIIs Bonds
India eases its restrictions on foreign institutional investors or FIIs for bonds issues in the country.
Latest News
P. Schoenfeld Asset Management or PSAM is now raising questions on the proposed merger of MetroPCS Communications Inc. and T-Mobile as it vetoes the deal.
CBS Corp, the television giant would include TV Guide Network to its fold for over US$100 million. An anonymous source has confirmed that CBS Corp would purchase a 50% stake in TV Guide Network.
The board is awaiting submissions from Blackstone and Icahn's firm as to an offer to acquire Dell Inc.
Warburg Pincus opens Bausch & Lomb for IPO at the same time seeking purchaser for the company. Bausch & Lomb Holdings Inc has recently filed papers with US regulators for its initial public offering.
Esure and Greencoat performance in London bourse is portent of things to come for the market. Two companies provide the barometer for new stock offerings last Friday, as they attracted strong demand at the time when there is a clear improvement in investor confidence.
The US, with its latest megadeals, lead the volume in mergers and acquisitions, overshadowing the bleak future of Europe and Asia.
The reported interest of Nelson Peltz in Pepsico and Mondelez caused share prices of the two food giants to increase.
AXA stands to earn from purchase of its private equity subsidiary. In a statement, AXA is expecting to receive Eur 200 million or US$259. 94 million gain from the buyout of its private equity unit.
After a bitter battle, First Quantum wins shareholder support for Inmet. In a statement, First Quantum Minerals has said it has gathered enough shareholder support to be able to take over Inmet Mining.
