Heinz shareholders approve Berkshire Hathaway-3G Capital buyout bid. Heinz is nearing total privatization. In an announcement, Heinz shareholders approved the acquisition by Berkshire Hathaway and 3G Capital.
Investors
Judge Clears Way for Empire State Building REIT
Judge rules the share-buyout provision in the offer is not violative of the law. In a ruling, a New York judge set aside a potential obstacle to sell the Empire State Building as part of an REIT IPO.
Shutterfly Buys MyPublisher
Shutterfly purchases and acquires MyPublisher. In an announcement calling the recent move as 'best in class', Shutterfly CEO Jeffrey Housenbold said that when MyPublisher is used with Shutterfly's cloud based system, the platform would 'set the standard for design, choice and quality in the personal publishing and social expression category.
FF&P Private Equity Supports the Management Buyout of FIT
FIT's management buyout plan supported by FF&P Private Equity and acquirer EEMG. The private equity arm of Fleming Family and Partners, FF&P Private Equity has supported the buy-in management buyout of FIT, the specialist energy efficiency business.
Intel Acquires Aepona of Amadeus
Aepona bought out by Intel Aepona, a cloud-based network solutions company, has been acquired by Intel. Amadeus Capital Partners is the biggest venture financier of Aepona.
Latest News
Liberty Global purchase shares in cable television rival Ziggo. Liberty Global, the American cable giant, has sought to purchase more shares to increase its stake in its Dutch rival Ziggo from 12.
Generali has confirmed the ownership shares of Blackrock at 2.841%. The globe's largest money manager, Blackrock has been confirmed by the Generali chairman as to own 2.
Surgutneftgas announces US$29 billion cash pile amidst a tangled web of financial reporting information.
Unicredit seeks to buy back Eur4.24 billion to lessen debt in the next five years. Unicredit has purchased senior notes worth Eur4. 24 billion or US$5.
Generali reiterates sale of BSI and Generali USA to shore up capital reserves for Generali CEO Mario Greco.
BBVA Tier 1 bond has been made and called by many potential investors. The second largest bank in Spain, BBVA has received orders for over US$5 billion for the bank's additional Tier 1 non-callable perpetual five year bond.
Clariant is seeking a partner or funding to finance its second generation bioethanol plant. Clariant AG is preparing to be in bed with a partner to help raise funding for its second generation bioethanol plant.
Unilever offer is not enough according to Aberdeen Asset Management. According to Aberdeen Asset Management Plc, the offer made by Unilever Plc to pay 600 rupees per share of Hindustan Unilever Ltd is not high enough to move many of existing stockholders to sell their shares.
Spansion pays US$110 million for the microcontroller unit of Fujitsu Electronics. Spansion Inc, a manufacturer of flash memory systems for electronic gadgets, has agreed to purchase the microcontroller operations of Fujitsu Ltd for US$110 million.
