M&A
SK Telecom to acquire 21.05-% stake in Hynix for $3 bn
15 Nov 2011
South Korea's third-largest conglomerate has bought the stake from nine creditor banks-turned-Hynix shareholders.
SK Telecom to acquire 21.05-% stake in Hynix for $3 bn
15 Nov 2011
South Korea's third-largest conglomerate has bought the stake from nine creditor banks-turned-Hynix shareholders.
Universal Music, Sony to buy EMI from Citigroup for $4.1 billion
14 Nov 2011
EMI, the 114 year-old London-based gramophone company that was home to artists like the Beatles and Pink Floyd, was sold over the weekend in an auction to Vivendi's Universal Music Group and Sony for $4.1 billion
Caterpillar offers to buy China’s ERA Mining Machinery for $885 million
11 Nov 2011
After acquiring mining equipment maker Bucyrus International Inc for $8.6 billion last November, Caterpillar moves to consolidate its position in the mining segment through the Chinese acquisition.
Germany's largest retailer Edeka in race to buy Dutch retail chain C1000 for €1-bn
11 Nov 2011
Edeka Group, Germany’s largest retailer is in the race to buy the Netherlands' supermarket chain C1000 for an estimated €1 billion.
PepsiCo acquires Brazil's cookie and cracker producer Grupo Mabel
11 Nov 2011
PepsiCo outbid global rivals Bunge Inc and Mexico's Grupo Bimbo to acquire one of Brazil's biggest cookie and cracker producers's.