GM rejoins S&P 500 replacing H.J Heinz Co. H. J Heinz Co. will be replaced by General Motors Co. (GM) in the Standard & Poor's 500 Index. This is after the trade closing on June 6.
Tags: Buyout
Blackstone and Patria Investimientos Purchases Stake in Alphaville
Blackstone and Patria Investimientos purchases shares in Gafisa's Alphaville Urbanismo. (Photo : Reuters)The image is the Blackstone Group logo. Patria Investimentos Ltda and its partner, the Blackstone Group have entered into an agreement to purchase 70% shareholdings in Alphaville Urbanismo residential-development business owned by Gafisa SA.
KKR Ventures Into Euro Property Market
For its first European property purchase, KKR acquired 430,000 square feet of UK retail parks in Oxford, Glasgow and Sunderland.
SAP AG Buys Swiss Software Developer Hybris
SAP AG buys the Swiss software developer company Hybris but left financial details undisclosed. (Photo : Reuters)The official logo of SAP AG SAP AG, a European business software maker, bought the Swiss software developer Hybris.
Fiat and Chrysler To Refinance Loans Before Deal Engagement
Fiat launched the first part of the three-part financing deal to refinance current loans of Fiat and Chrysler prior to engaging a deal to buy out the rest of Chrysler.
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Telecom Italia Chairman Franco Bernabe, through an interview, updates the process of the buyout from Hutchison Whampoa.
Dell urges its shareholders to support founder/CEO Michael Dell's buyout proposal. Dell Inc. has called on to its shareholders for the approval of a $24.
Mexican real estate investment trust is set to have a total of 233 properties after it completes its acquisition of a Mexican property portfolio from U.S. Kimco Realty Corp. and its partner American industries for $600 million.
Royalty Pharma lowered the acceptance threshold for its increased bid with $6.4 billion for Elan to 50 percent plus one share as it seeks enough support to acquire Elan, an Irish drug firm .
Bank of Ayudhya Pcl saw its shares increased after a local newspaper reported that a financial market source said that Japan's Mitsubishi UFJ Financial Group (MUFG) proposed to buy General Electric's stake in the Thai bank for 40 baht per share.
Clearwire's Class A shareholders to decide on the deal for Sprint. Clearwire Corp's share values hovered above the current bid price of US$2.
Avista offers cash bid for Telular shares at US$12.61 per share. In an announcement on Monday, Avista Capital Partners disclosed that the ACP Tower Meger Sub, Inc has pushed through with its earlier announcement regarding its cash bid for all the existing shares of common stock of Telular Corporation.
Verizon CEO said that it would not pay premium for buyout of Vodafone in its joint venture. According to Verizon Communications CEO Lowell McAdam it would like to buy out its joint venture partner Vodafone but will not do so at any cost.
Aepona bought out by Intel Aepona, a cloud-based network solutions company, has been acquired by Intel. Amadeus Capital Partners is the biggest venture financier of Aepona.
