Tags: Buyout
Workout, breakfast between CEOS set price for Verizon-Vodafone deal - report
The USD 130 billion price tag for the recently-concluded deal between Verizon and Vodafone was agreed over an exercise session and breakfast between the firms' two CEOs.
Smithfield acquisition awaits shareholder approval after US clearance
Shuanghui International Holdings and Smithfield Foods Inc released a joint statement saying they received another clearance from the U.S. Committee on Foreign Investment on the food firms' USD4.7 billion takeover deal.
GE may bid for Dresser-Rand, Dril-Quip - analysts
Analysts said that General Electric Co would be eyeing Dresser-Rand Group Inc. and Dril-Equip Inc as potential takeovers.
Trial for Fiat's fight over Chrysler to start by 2015
According to a Delaware judge, ample time would be needed prior to the start of the trial for the Fiat-Chrysler deal.
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Tech and media site AllThingsD reported that Answers.com bought Easy2 Technologies for less than USD20 million.
BioFire is bought out by BioMerieux for USD450 million, funded through debt. In an announcement, BioFire Diagnostics would be bought out by BioMerieux for USD450 million.
Raiffeisen Bank International said it would be buying out the minority stake in its Croatian business.
Indonesia has been losing its attraction as a private equity goldmine due to increased competition, shifting government regulations and high valuation prices.
With nearly USD30 billion retained from the buyout, Vodafone is gearing towards expansion and technology upgrades.
The government of Afghanistan would be looking for favorable bidders for the privatization of the New Kabul Bank.
The Riverside Company announced its purchase of Rutland Plastics for an undisclosed amount. The Riverside Company announced that it had purchased Rutland Plastics.
Aquiline Capital Partners and Genstar Capital Management announced that they had closed their acquisition of Genworth Wealth Management in a deal valued at USD 412.5 million.
Verizon CEO's demeanor and relationship with Vodafone was key to the deal being finalized. The stage for the USD130 billion buyout of erstwhile partner buyout of Vodafone Group Plc from the venture in Verizon Wireless was set two years ago.
Microsoft said it would be buying the handset business of Finnish company Nokia for EUR5.44 billion or USD7.2 billion, with Nokia CEO Elop and other senior executives transferring to the American multinational software firm.