Infosys planned to make acquisitions in Europe. Infosys planned to make acquisitions in Europe. This was an effort of leveraging offshoring to cut costs, said the Indian IT company.
Tags: Acquisition
Rumors of bidding war for Invensys abound
Rumors of bidding war for Invensys abound. Rumors of a possible bidding war for the acquisition of Invensys Operations Management abound. This followed the announcement of Schneider Electric of its bid of about US$5 billion for Invensys.
Source BioScience to place an offer for Vindon
Source BioScience was reported to place an offer for Vindon. The board of Vindon has confirmed that talks with the board of Source BioScience are at an advanced stage.
PacTrust Bancorp's merger is “unique to Southern California”
PacTrust Bancorp's merger is “unique to Southern California,” according to Robert Franko, PacTrust Bank President and CEO.
Salesforce.com loans US$300 million for ExactTarget acquisition
Salesforce.com loaned US$300 million for its ExactTarget acquisition. Salesforce. com loaned US$300 million to pay for its acquisition of ExactTarget. The loan was from the Bank of America.
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NVM invested GBP7 million in 100-year-old furniture maker, Buoyant Holdings. NVM Private Equity invested GBP7 million in 100-year-old Buoyant Holdings.
Londonmetric acquired two warehouses for GBP61.8 million. LondonMetric Property Plc bought two new warehouses in Bedford and Birmingham worth a total of GBP61.
Actis planned to acquire 25% stake in Symbiotec Pharmalab. Actis, a private equity firm based in London, was looking to acquire a stake in Symbiotec Pharmalab.
Puzey & Payne was acquired by its management through a buyout. Puzey & Payne was acquired by its management through a management buyout. This was after the car dealership unit was disposed by its parent group Zimplow Holdings.
Salesforce.com acquired ExactTarget. Salesforce. com announced Friday its acquisition of ExactTarget. ExactTarget was a cloud marketing platform used by Coca-Cola, Nike, Gap, and more than 6,000 other companies.
According to Oriens, a US$30-million merger/acquisition was a future possibility. Oriens Travel & Hotel Management Corp. (OTHM) announced that the FROL Booking Engine exceeded the company's expectations.
According to sources, Pinnacle Foods and Fresh Del Monte were considering to place bids for Del Monte Foods.
ITA Cayman Holdings Ltd announced its agreement to buy Standard Chartered Trust (Cayman) Limited as it expands its business and increase presence in the Latin America market.
Spreadtrum surged to a record high in New York after announcing acquisition for Tsinghua Unigroup Ltd priced at US$1.78 billion.
