Potash Corp Withdraws Offer for Israeli Chemicals

Potash Corp of Sasketchewan has formally withdrawn its takeover bid over Israel Chemicals. The Potash Corp of Saskatchewan Inc has cancelled a proposed takeover bid for Israel Chemicals Ltd after criticism of the deal was made by workers and politicians alike.


Royal KPN NV Is Offering discounted Shares for Capital Financing

Royal KPN is now selling shares at 62% value of closing price in the Dutch bourse last Thursday. Royal KPN NV is in the process of conducting a Eur3 billion or US$3.

Baidu Has Acquired PPS Net TV

Baidu has acquired PPS Net TV as reported by China Business News. The largest search engine of China, Baidu Inc is now processing the acquisition of PPS Net TV, a Chinese online video company.

Arseus acquires Freedom Pharmaceuticals

Arseus acquires Freedom Pharma to create a global niche for drug compounding. Arseus, in an announcement, made public its acquisition of Freedom Pharmaceuticals.


Latest News

Atos is seeking for a minority investor for its electronic payments unit. Atos, a French computer services firm, has received informal bids from potential partners for its new electronic-payments unit.
Nexstar and Mission Broadcasting acquire television stations from Communications Corporation of America and White Knight Broadcasting.
Tata Steel is issuing ten year Singapore dollar denominated bonds at 5.25%. A local market deal has been formalized and was launched this morning. The deal was Tata Steel's ten year Reg S Singapore dollar denominated bond at 5.
Verizon Communications has hired banking and legal advisers in preparation for a possible US$100 billion bid for Vodafone Group shares in their joint venture.
Integrated Asset Management Group and its affiliate closes US$15 million loan for Skyline Blue Mountain Village.
Wood and pulp producer Georgia-Pacific purchases Buckeye Technologies for US$1.45 billion. The US paper and pulp producer Georgia-Pacific LLC has agreed to purchase Buckeye Technologies for the price of US$1.
Intel Capital leads US$12 million fund round for Gengo, the translation company. Gengo announced today that its recent funding round closed US$12 million additional funding.
Cathay Fortune offered cash bid with the condition that equity fundraising efforts be halted. Cathay Fortune Corp has proposed a new bid for Discovery Metals on the condition that Discovery stops its plans to raise funds through equity sales.
Deutsche Bank and Mainfirst would conduct pre-IPO private placement sales of Evonik shares. Deutsche Bank and Mainfirst, two major investment banks are in the process of placing up to 2% of the shares in Evonik, the Germany based chemical company.
Argos Soditic acquires Natural Distribution for an undisclosed amount. Argos Soditic, an independent European private equity group with offices in Geneva, Paris and Milan, disclosed to the public that it acquired the National Distribution Group.