Switzerland's third largest wealth manager Julius Baer Group Ltd said it has already acquired the Middle Eastern wealth management units of Merrill Lynch located in Lebanon, Bahrain and the United Arab Emirates.
Acquisition
Shares of Israel-based Given Imaging got a boost after news broke that Dublin, Ireland-based Covidien would be buying the firm's outstanding shares at a premium.
A Business Insider report cited multiple sources who provided a background story on why Yahoo Inc was not keen to acquire the company of mobile app Ptch, and why DWI Investments were not happy with the outcome of the deal.
Granules India, a pharmaceutical manufacturer in India, secured the approval of its shareholders regarding its planned merger of Active Pharmaceutical Ingredients (APIs) manufacturer Auctus Pharma.
Formosa International Hotels chairman Steven Pan Si-liang is not daunted to the task of expanding the Regent Hotel brand to saturated Hong Kong and China markets, as evident in a recent interview by the South China Morning Post.
STI, a developer and provider of education data management solutions, announced its acquisition of education app store Chalkable, of which the latter was rumored to be acquired for USD10 million.
The CAC Group, one of the leading commercial real estate services firms in San Francisco, was acquired by CBRE Group, Inc. CBRE Group, Inc's statement did not disclose financial details regarding the transaction.
Global aerospace and defense industries Astronics Corporation said today in a statement that it has completed its acquisition of France-based PGA Electronic for a final price of USD31.2 million.
Kumar Rangaranjan, one of the founders of Indian startup Little Eye Labs, told the Wall Street Journal that it was in preliminary discussions with social media giant Facebook regarding a potential deal.
BNP Paribas, the largest bank in France, said it will be buying Bank Gospodarki Zywnosciowej, the Polish arm of Dutch bank Rabobank Groep, for EUR 1 billion.
HomeAway, a Texas-based online marketplace for vacation rentals bought Stayz Group, the publisher of Stayz.com.au from Fairfax Digital in an all-cash deal worth USD 198 million.
Tech news site TechCrunch believes that Yahoo Inc's acquisition of natural language processing technology builder SkyPhrase is to improve its content delivery to its mobile audience.
Wipro Ltd announced today in a statement that it is set to acquire Opus Capital Markets Consultants LLC, a US-based mortgage services provider in order to expand its offerings to its financial services clients.
A statement by investment firm Vasari said its chairman, Vivian Imerman, has shown interest in acquiring Whyte & Mackay should Diageo chose to divest them in order to comply with competition concerns.
Aussie Treasurer Hockey to approve plans of ADM to increase stake in GrainCorp instead of a takeover
Both Archer-Daniels-Midland Co. and GrainCorp Ltd expressed their disappointment over the ruling of Australian Treasurer Joe Hockey regarding the US corn processor's takeover of one of the largest crop handlers in Australia.
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