Softchoice Corporation completes privatization deal through an arrangement set up by Birch Hill Equity Partners.
Regions
Icahn Repeats Pledge for Dell Buyback
Carl Icahn reiterated his interests in owning Dell and said that the US$5.2 billion refinancing from the investment bank is expected in the next couple of weeks.
Loeb’s Proposal for Partial Sony Spin off Looms over Shareholder Meeting
Daniel Loeb, head of Third Point LLC proposed a partial spin off to Sony’s business unit to boost the struggling electronics division.
Stratasys to Acquire MakerBot for $403 Million
Stratasyst Ltd. will acquire consumer printer manufacturer, MakerBot in a deal valued around US$403 million.
Deals of the day - M&As
The following bids, mergers, acquisitions and disposals were reported on Wednesday. The following bids, mergers, acquisitions and disposals were reported on Wednesday:Billionaire investor Carl Icahn promised Dell Inc shareholders that the company would buy back up to $16 billion of stock if they join his campaign to stop the computer maker from going private.
Latest News
Sweden sells off the remaining shareholdings in Nordea Bank. Sweden has sold the remaining half of its stake in the biggest bank in the region, Nordea, The sale netted US$3.
Fairfax increases its shareholdings to 42% in Eurobank. Fairfax Financial Holdings would be raising its shareholdings in Eurobank Properties, the real estate firmn from Greece.
SoftBank is nearing the completion of the acquisition of the Sprint Nextel deal. SoftBank Corp of Japan had completed another step in its current bid to acquire Sprint Nextel Corp, the US wireless provider.
The Austrian construction group Alpine Bau claims insolvency, and stands to be the largest ever in Austrian history.
The Belgian regulatory authorities have imposed fines on former CEOs and insurer of Fortis because of delayed information or incorrect information dissemination.
Many hedge fund managers fear extension of Eurozone debt crisis as well as local bank issues hovering over the financial markets.
Russia is determined to sell its interest in private enterprises and one of them is their 53% interest in Rostelecom.
DP World, because of favorable market terms, was able to extend its revolving credit facility. (Photo : Reuters)The image is the signage infront of the DP Head Office.
ThousandEyes acquired $5.5 million in Series A funding led by Sequoia Capital. ThousandEyes, a San Francisco, California-based information and technology performance management provider, announced on Wednesday that it has successfully acquired $5.
