GE acquires Lufkin to support its oil and gas support services. General Electric is nearing the completion of the acquisition of oilfield services provider Lufkin Industries.
North America
Virgin Media Acquisition Approved by EU
Liberty Global's acquisition of Virgin Media is approved by EU. An unconditional European Union clearance was provided to John Malone's Liberty Global for the bid for Virgin Media.
Blackhawk IPO Shares Priced Between US$20 and US$22
The IPO shares of Blackhawk would be at US$220 million at US$22 per share. Safeway Inc. 's gift card and payment service unit, Blackhawk Network Holdings Inc has formally offered ten million Class A shares priced between US$20 and US$22 per share.
Enaltus Adds On Acquisition
Enaltus acquires ScarAway to expand its skincare products. Enaltus has recently acquired the properties of Mitchell-Vance Laboratories. Mitchell Vance is a portfolio firm of the HealthEdge Investment Fund LP based out of Tampa Florida.
Macquarie Purchase of Advantage Is Under Review by FTC
The Macquarie Capital purchase of Advantage is under review by antitrust regulators. US regulators are reviewing the consent decree that allowed Macquarie Group Ltd to purchase Advantage rental brand from Hertz Global Holdings.
Latest News
Mitsubishi UFJ Finance Group is in discussion to acquire US commercial property loans from Deutsche Bank.
UPS appeals EU decision to prohibit merger between TNT Express and UPS. The European Union regulator's decision to reject the Eur5. 16 billion bid by United Parcel Services for TNT Express NV would be appealed.
Cisco acquires Ubiquisys for US$310 million in cash and other incentives. Cisco announced last Monday its intention to acquire Ubiquisys for a value of US$310 million in cash and other incentives.
California Governor Jerry Brown sets off to China as part of his continuing efforts to develop commercial ties with Chinese consumers.
Things are heating up between Icahn and the Dell Special Committee on issues of reimbursement, proxy fights and possible litigation.
Investors are resorting to so-called cash funds for higher yields, as strict investment regulations are bringing down returns in the money fund industry.
Investment firm Energy Capital Partners has increased its offer for EnergySolutions Inc. by 40 cents or $4.15 per share.
Rejecting a $6.7 billion buyout offer from rival American Realty Capital Properties Inc., Cole Credit Property Trust III has announced that it has completed the acquisition of Cole Holdings.
Investor Carl C. Icahn can be reimbursed of up to $25 million worth of expenses related to his deal work on certain conditions.
