Heinz buyout is a deviation from Buffett's known acquisition formula. At the announcement of the deal to acquire Heinz, the venerable Warren Buffett had stamped his approval with then CEO Bill Johnson.
Regions
Praxair Purchases Tri-State Carbonic LLC
Praxair purchases CO2 assets of Tri-State Carbonic LLC. Praxair Inc, the industrial gas producer and supplier had announced earlier that it had acquired the carbon dioxide interests of Tri-State Carbonic LLC.
Salini Increases Shareholdings in Rival Firm
Salini wins approval of the increase of its shareholdings in Impregilo. Salini, the family owned construction firm from Italy, has increased its shareholdings in its chief competitor Impregilo.
Metals USA Acquired by Reliance Steel
Reliance Steel acquires Metals USA to merge with RSAC Acquisition Corp, a subsidiary of Reliance Steel.
Harvard's Private Equity Head Resigns
Harvard Management Company's director for private equity and venture capital, Peter Dolan, has resigned from his post on April 10.
Latest News
WorldPay was able to raise US$1.08 billion loan equivalent for dividend and debt payment purposes. WorldPay, the payment processing company from Great Britain, has announced the success in its raising of a GBP700 million or US$1.
Avago Technologies have recently acquired CyOptics to bolster its fiber optics portfolio. At Thursday's trading session, Avago Technologies share values remained relatively unchanged when it announced the acquisition of CyOptics.
Evertec, at a per share price of US$20, stands to raise US$1.75 billion in its initial public offering.
Distressed debt investors are looking into German property company IVG Immobilien as some lenders try to minimize potential heavy losses due to the property company's debt restructuring.
Singapore's Heliconia Pte Ltd is set to buy 2.6 percent stake in private sector Kotak Mahindra Bank for Rs 1,296 crore.
Private equity firm Carlyle Group is set to sign investment deals in Africa to tap the increasing customer spending in the continent.
Syros Pharmaceuticals gets US$30 million financing through a Series A round with institutional investors.
European private equity firm AXA Private Equity has sold its majority stake in Aixam Mega to Polaris Industries, a US in group specializing in powersports.
LinkedIn purchases Pulse at US$90 million where 90% are in stocks and 10% is paid cash. The social network for professionals, LinkedIn Corp has announced that it would be acquiring Pulse.
