Deals
Private equity skeptical about tieup with Best Buy founder
Several private equity firms that have been approached to join in a buyout of Best Buy (BBY.N) are sitting on the fence
Affinity, GIC, others in $1.1 bln S.Korea Kyobo Life stake buy
A group of investors that includes private equity fund Affinity Equity is buying a $1.1 billion stake in South Korea's unlisted Kyobo Life Insurance from Daewoo International Corp.
Deals of the day -- mergers and acquisitions
Bids, mergers, acquisitions and disposals involving European, U.S., Canadian and Asian companies. The following bids, mergers, acquisitions and disposals involving European, U.
Hon Hai in talks with Sharp over bigger stake, lower price
Taiwan's Hon Hai Precision Industry (2317.TW) said it was in talks with Sharp Corp (6753.T) about buying a bigger stake in the struggling Japanese TV maker.
Latest News
Bankers are preparing debt packages to back a buyout of UK-based United Biscuits' salty snack business which is expected to go up for sale in September and fetch around 500 million pounds ($776 million).
French engineering company Schneider Electric has received two offers in a second round of bidding for its U.S.-based sensors subsidiary.
Business process and technology services provider Genpact Ltd said U.S. private equity firm Bain Capital Partners will buy a 30 percent stake in the company from General Atlantic and Oak Hill Capital Partners.
AT&T Inc (T.N) is buying the equity of NextWave Wireless Inc (WAVE.PK) for up to $50 million and taking on $550 million of the company's debt .
The takeover of Canadian stock market operator TMX Group by a group of financial institutions has been approved by TMX's shareholders.
Australian clothing retailer Country Road will buy local rival Witchery Group in a $181 million deal.
Google Inc said on Tuesday it acquired marketing start-up Wildfire to help the world's largest Internet search company expand further into social media.
Lowe's Cos wants to spend C$1.8 billion to buy Canadian competitor Rona Inc,but the struggling Canadian retailer publicly rejected the offer on Tuesday.
Devon Energy Corp (DVN.N) said on Wednesday Japan's Sumitomo Corp (8053.T) will take a 30 percent stake in 650,000 shale acres Devon controls in the Permian Basin in a $1.4 billion deal.
Investment from Fortissimo Capital supports next phase of company's product development and sales expansion.




