Tags: Buyout
TNT Express Makes Sale of its Chinese Road Operations to Funds
TNT Express has decided to sell its its Hoau domestic road operations in China to private equity funds following UPS back-out.
Credit Suisse Agrees to Sell JO Hambro to Bermuda National for 50 Million Pounds
Credit Suisse, the second-largest banker in Switzerland, has signed an deal to sell British wealth manager JO Hambro Investment Mangement Ltd. to investment company Bermuda National,
Russia's VTB Completes Tele2 Buyout
Banker VTB has successfully acquired the Russian operations of Swedish telecoms operator Tele2 as it hopes for potential investors.
ProMOs Agrees to Sell Wafer Fab to GlobalFoundries
ProMOS Technologies Inc. reached deal to sell 12-inch wafer fab to Silicon Valley-based contract chipmaker GlobalFoundries.
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Dutch coffee maker D.E. Master Blenders has been in talks on its buyout by a group led by Germany's Joh. A. Benckiser GmbH in an around 7.6 billion euro deal.
Shares in Tipco have increased dramatically despite the possible buyout by a group led by Thai billionaire Chareon Sirivadhanabhakdi.
H.J. Heinz says that it is planning to host a shareholder meeting to allow investors the time to think about your house and expenses.
American Realty said it has decided to increase its bid offer for Cole Credit Property Trust III after the latter's rejection of the first offer.
Tanghan Steel has signed a deal with Duferco International Trading Holding to buy 10% stake in the latter as China seeks more steel export.
Credit Suisse will be acquiring the wealth management of Morgan Stanley in Africa, Europe and the Middle East
UK's Financial Services Authority (FSA) has fined Prudential 30 million pounds for hiding its attempt to buy Asian rival AIA three years ago.
EADS plans to prevent the planned buyback that is hampering its future growth and capital spending. European aerospace group EADS has made a pledge that it will prevent a supposed share buyback hurting capital spending, dividends and future growth as its shareholders planned to make a vote on proposals to purchase again up to 15% of the company stock.
Ericsson is making a deal to acquire the IPTV business of Microsoft in a bid to offer services to phone companies.
Offers made by the Blackstone Group and investor Icahn does not include Michael Dell as CEO of the firm he helped found three decades ago.