Solera Holdings said it would be buying USD 289 million worth of equity interest in Service Repair Solutions Inc from Welsh Carson Anderson & Stowe via a joint venture agreement.
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Decision on Graincorp acquisition extended to December 17 - Australian Treasurer
Treasurer for Australia Joseph Hockey extended the time frame for Australian regulators including himself to decide whether the acquisition of GrainCorp Ltd by Archer Daniels Midland Co would go against the national interest.
Indian physicians join together for heart care education in India and the United States
The American Association of Physicians of Indian Origin and the American Heart Association Liaison Committee join in a programme on stroke and heart attack education in the US and in India.
Ellison gives up USD575 million payout to settle suit over Pillar buyout
Oracle Corp founder Larry Ellison agreed to give up 95% of his USD575 million payout from terms of a buyout agreement with Pillar Data Systems Inc in order to appease the software company's investors.
TNK-BP minority bloc buyout gets endorsement from Rosneft board member
Rosneft deputy chairman Andrey Kostin said that even if the buyout of the minority share of TNK-BP Holding garnered criticism, the deal had followed good governance and legal practices.
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Educational company Anima Educacao would be undertaking a USD 158 million IPO later this month. Brazil-based educational firm Anima Educacao said it had set an initial public offering later this month.
McDonald's representatives told the Company Law Board that the removal of its partner was due to actions violative of their joint venture agreement.
Vivendi Chairman Jean-Rene Fourtou told Le Monde, a newspaper, that he would be retiring after the company had split into two separate units.
Barclays Plc (BARC) said in a statement that it had managed to sell around GBP472 million or USD761 million worth of rights issue stock.
An Italian government official said on Italian radio that Finmeccanica had agreed to exit from its controlling stake in Ansaldo Energia.
A 47 year-old reclusive financier and private equity firm founder Suhail Rizvi would stand to gain from Twitter Inc's upcoming initial public offering.
China Minmetals managing director Gu Liangmin said the company would be careful about their decision to buy the Las Bambas copper mine of Glencore-Xstrata.
Severstal North America chief executive Saikat Dey told reporters in a conference call that the US arm of Russia's second largest steel producer would be focusing on getting the best returns for the company.
Owners of drug firm Ikaria had started working with banks on the possibility of selling the company.
