ZOOM TECHNOLOGIES INC. TO ACQUIRE BEIJING BAIFEN TONGLIAN INFORMATION & TECHNOLOGY CO., LTD. Zoom Technologies, Inc. (Nasdaq:ZOOM) is a technology holding company focused on the mobile telecommunications and technology space.
Mergers & Acquisitions
China's Shuanghui to fight for control over Campofrio
Hong Kong-based Shuanghui International Holdings intends to offer a counter bid for Spanish meat processor Campofrio. Mexican food company Sigma Alimentos earlier offered Campofrio a takeover deal worth EUR695 million.
Octanex targets mining assets in Philippines and Indonesia in merger
Australia-based gas and oil explorer Octanex said the main reason for its merger with Peak Oil & Gas was the latter's access to exploration projects in the Philippines and in Indonesia.
US cable firm Charter raising USD25 billion for Time Warner acquisition -source
Charter Communications Inc is raising USD25 billion in debt to fund the acquisition of Time Warner Cable Inc, according to a source familiar with the matter.
Bankruptcy judge approves American-US Airways merger
Bankruptcy judge Sean Lane dismissed a private effort to block the merger between US Airways and AMR Corp and gave the clearance to allow the transaction to proceed.
Latest News
CVS Caremark announced on Wednesday that it will be consolidating the Coram infusion business once the acquisition deal with Apria Healthcare Group will be finalized.
Private equity firms who had been in talks with Bikaji Foods International were Norwest Venture Partners, Sequoia Capital, Lighthouse Capital and Tano Capital, three unnamed sources told The Economic Times.
India's finance ministry is resisting pressure from other departments to cap foreign ownership of domestic drugmakers, fearing such a move would discourage potential investors, a senior ministry source said.
Cable and telecommunications investor Altice's acquisition of Orange Dominicana SA was made in order to expand its already growing empire in the media business in the Dominican Republic.
Bahrain-based Islamic investment firm Tadhamon Capital announced that it has completed the acquisition of Paul Street development in London, in a joint venture with McLaren Property and Apache Capital.
China's mobile-based taxi booking service Kuaidadi confirmed it recently received a USD100 million investment from Alibaba, and has acquired a Shanghai-based taxi booking app called Dahuangfeng.
New Zealand-based dairy firm Fonterra has completed its acquisition of Australia's Tamar Valley Dairy in Tasmania, which is now fully-owned and managed by Fonterra Australia.
American investment firm JMI Equity is reportedly partnering with Hellman & Friedman to takeover Applied Systems Inc. from Bain Capital for USD1.8 billion. JMI has also been an investor in various Chicago companies including BigMachines, Trustwave and CouponCabin.
An SNL Financial report showed that lenders in Massachusetts closed some of the priciest bank deals in the past three years in the US. Four mergers and acquisitions done in the Bay State made it to the top 20 list.
