According to its CEO, Majid al Futtaim is earmarking between US$600 million and US$1 billion for acquisitions this year.
Tags: Acquisition
Kingdom Hotel Sells Mauritius to Outrigger
The Kingdom Hotel Investment sells a hotel in Mauritius to Hawaiian-based Outrigger Hotels and Resorts.
FreePort McMoRan Acquires New Assets
FreePort McMoRan acquires both Plains Exploration and Production and McMoRan Exploration Co. In an announcement last Friday, Freeport-McMoRan Copper & Gold Inc said that it had completed its purchase of Plains Exploration and Production, the American oil and gas producer.
Shuanghui Int'l Purchases Smithfield Foods
Shuanghui Int'l buys Smithfield Foods through loan facilities provided by Morgan Stanley and the Bank of China.
Fosun International Purchases Alma Lasers
Fosun International purchases Alma Lasers, where the latter was advised by Harris Williams. Harris Williams, one of the foremost middle market investment banks in the world, recently announced the sale of Alma Lasers to the subsidiaries of Fosun International.
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Bluefly's treasury shares as well as shares held by stockholders were purchased by Clearlake Capital.
Yahoo hedges on the audience base of Tumblr to push Yahoo out of the doldrums. Yahoo! Inc CEO Marissa Mayer is betting the future of the largest US web portal on the success of its acquisition of a six-year old start up firm with little revenue generation systems and a relaxed policy on content created by its users.
BlackRock purchases real estate investment firm MGPA. In an announcement, BlackRock Inc said that it would be purchasing MGPA, the real estate investment firm in order to expand its real estate portfolio worldwide.
Websense purchased by Vista Equity Partners. The world leader in providing security to organizations from the recent data theft and cyber attacks, Websense, Inc, disclosed that it got into a finalized acquisition agreement by the primary equity firm that concentrates on investments in data, software and technology based businesses, Vista Equity Partners.
Golden Equity Investments purchases boutique winery Goosecross Cellars. Golden Equity Investments, a private equity firm based in Golden, Colorado, has acquired the luxury winery that is situated at Yountville, California, Goosecross Cellars.
Yahoo has just announced the acquisition of Tumblr. The board of directors of Yahoo Inc has just recently approved a deal to purchase Tublr, the blogging and social networking site.
Univar purchases Quimicompuestos. The world renowned distributor of chemistry and related services, Univar Inc. , disclosed that it had concluded the purchase of the leading supplier of commodity chemicals in Mexico, Quimicompuestos.
Budco announces the acquisition of South Shore Venture Enterprises. In an announcement by the leading company on marketing solutions, Budco, it disclosed today of the purchase of South Shore Venture Enterprise LLC.
Anacap Financial Partners announced the transfer of Cabot Credit Management to JC Flowers. Europe-based private equity consultant on financial services , AnaCap Financial Partners LLP was delighted to announce the sale of Cabot Credit Management to J.
