BT Expands Sports Franchise

BT purchases ESPN UK and Ireland with ESPN America coverage. BT, in a bid to pry open the hold of BSkyB over the pay-TV sports market in Europe, has agreed to purchase ESPN's UK and Ireland television business.


Orbimed to Launch pan Asia Healthcare Fund

Orbimed expands into Indian healthcare industry. Orbimed Advisors of New York is now preparing to launch its second Pan Asia Healthcare Fund by the end of 2013.

Tribune Engages Banks for Sale Assessment

Tribune Puts Up Assets for Sale The Tribune Corp has engaged the services of two of the top investment banks to assess sales opportunities for its newspaper unit.

Oaktree Capital Purchases Countryside Capital

Oaktre pays GBP165 million for Countryside. Oaktree Capital Management LLC, the world's largest distressed debt investor, has purchased Countryside Properties Plc through debt provided by former owner Lloyds Banking Group.


Latest News

Potash Corp takeover bid for ICL still ongoing. Saskatchewan based Potash Corporation is serious in its bid to wrest majority control over Israel Chemicals Limited.
TPG purchases Assisted Living shares for US$278 million Investment firm TPG has reached an agreement with Assisted Living Concepts Inc for the sale of its senior living residence operations for US$278 million.
Rosneft expects to get EU approval of TNK-BP takeover. An unnamed source familiar with the deal has intimated that Rosneft, the Russian oil conglomerate would get unconditional European Union regulatory approval of its takeover of TNK-BP.
Potash Corp. has been looking to boost its stake at the world's sixth largest producer of potash.
Carlyle expects interest from its larger rivals in the industry for its defense firm Arinc Inc. Private equity company Carlyle Group LP has been in preparation for the sale of aerospace and defense firm Arinc Inc.
Assisted Living Concepts reached agreement to be sold to private investment firm TPG for about $278 million.
AB InBev has been negotiating with the Department of Justice to settle lawsuit filed by the government to block its deal to acquire Mexican Group Modelo.
First Quantum may slightly extend its offer for Inmet as it resolves regulatory barriers, its president, Clive Newall, disclosed.
BH Media has announced that it bought the daily newspaper published by the Lortons in an undisclosed amount.
Rosneft is confident it would get approval from the European Commission for its deal to buy TNK-BP. Russian oil producer Rosneft said that it is likely to get regulatory approval from the European Union for its bid to acquire TNK-BP, a source familiar with the matter disclosed.