American tire company Cooper Tires & Rubber Co. seeks to obtain a Supreme Court ruling forcing India's Apollo Tyres to complete the merger. The USD2.3 billion deal would make Apollo the seventh-biggest tire maker in the world.
Acquisition
Ryan Corporation UK acquired a site in Canary Wharf, a business district in London, for GBP 100 million. The property company owned by Tom Ryan aimed to build a residential building that will tower over the highest building on the site.
GTS Central Europe would provide expanded services through landline infrastructure to its purchaser Deutsche Telekom.
Essilor International paid USD21.50 per share for Costa purchase.
E-commerce company Groupon announced its third quarter revenue results and plans on acquiring Korea's Ticket Monster.
The credit card business unit of Dubai Group was acquired by First Gulf Bank.
Two of the most active banks in the Gulf region, Standard Chartered and Citigroup Inc have decided not to support Etisalat's loan for the acquisition of Maroc Telecom.
Monroe Capital announced the funding worth USD27.5 million for the use of an affiliate of Sun Capital Partners Inc for the acquisition of Gem Shopping Network.
Zamin Ferrous purchases Anglo American shareholdings in Amapa iron ore mine in Brazil.
The approval for a bridge loan was given to McKesson to facilitate its acquisition of Celesio AG.
The bid made by LinnCo for Berry Petroleum is but one of the transactions that the US SEC is reviewing.
Share trading of Chong Hing Bank and its parent company were suspended temporarily pending confirmation of the sale of the bank to Yue Xie Group.
Aircraft maintenance services provider HAECO expands services portfolio with the acquisition of Timco Aviation Services,Inc.
Invest AD, the distribution firm for Red Bull Energy Drink, was recently bought by Mezzan Holding Co to expand its consumer related business portfolio.
According to sources familiar with the matter, any deal that Chinese computer maker Lenovo would push through with BlackBerry would cause regulatory hurdles.
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