Stake sales have slowed Formula One IPO drive. Formula One cars will roar around Singapore's streets this weekend, but the prospect of the motor racing business floating on the stock market there this year has receded following stake sales by its main private equity backer.
Deals
American Greetings Corp. Considers Offer for $581 Million
The Associated Press reported today that on Tuesday brothers Zev and Jeffrey Weiss, made an offer to buy its 33.8 million outstanding shares of common stock, valued at approximately $581 million.
Sidewinder Drilling to buy Union Drilling for $139 mln
Sidewinder Drilling Inc plans to buy Union Drilling Inc for $139 million. Sidewinder Drilling Inc, controlled by private equity firm Avista Capital Partners, plans to buy Union Drilling Inc for $139 million to tap into rising exploration and production activity in North American shale fields.
EFG Financial Products set for IPO in fourth quarter
Swiss private bank EFG International (EFGN.S) will proceed with its planned initial public offering in Switzerland of its structured products business in the fourth quarter.
Deals of the day -- mergers and acquisitions
Bids, mergers, acquisitions and disposals. The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Tuesday:** A trio of state-run Indian oil companies has bid $5 billion for stakes in Canadian oil sands holdings owned by ConocoPhillips, two sources said, as the world's No.
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Mergers under review by the European Commission and a brief guide to the EU merger process. The following are mergers under review by the European Commission and a brief guide to the EU merger process:APPROVALS AND WITHDRAWALS-- French insurer Euler Hermes and Spanish insurer Mapfre to set up a joint venture (approved Sept.
Private equity firm Carlyle (CG.O) is to take a minority stake in Penti. Private equity firm Carlyle (CG. O) is to take a minority stake in Penti, as Turkey's largest maker and retailer of lingerie and swim wear looks to expand internationally.
LifeLock Inc said it expects to sell 15.7 million shares for between $9.50 and $11.50 per share in an initial public offering.
Bids, mergers, acquisitions and disposals. The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Wednesday: **Canada's junior finance minister, Ted Menzies, said on Tuesday his constituents in Alberta are split over China's state-owned CNOOC Ltd's $15.
Private equity groups 3i and Allianz Capital Partners are considering the sale of Scandlines. Private equity groups 3i and Allianz Capital Partners are considering the sale of Scandlines, hoping for up to 1.
Bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies. The following bids, mergers, acquisitions and disposals involving European, U.
The Winklevoss twins have invested in SumZero. The Winklevoss twins, best known for their legal battle against Mark Zuckerberg over the founding of Facebook Inc, have invested in SumZero, a social network company aimed at professional investors, The Wall Street Journal said on Sunday.
Indian software services provider Tech Mahindra Ltd is set to announce on Monday a deal to acquire a majority stake in mobile phone software maker Comviva Ltd.
Defence equipment maker Chemring Group Plc said U.S. private equity firm Carlyle Group had been granted an extension to the "put up or shut up" deadline to make an offer for the British company.
