M&A
Canon to acquire Dutch printer maker Océ for $1.1 billion
17 Nov 2009
Canon will acquire the outstanding shares of Océ at €8.60 a share, representing a 70-per cent premium over the closing price on 13 November and 137 per cent above the average price over the past year
Citigroup to sell stake in Bellsystem24 to Bain Capital for $1.12 billion
16 Nov 2009
The acquisition of Bellsystem24 by Boston-based private equity firm Bain Capital will be the largest buyout made by a foreign private equity firm in Japan in nearly two years
Bristol-Myers to divest Mead Johnson for $7.69 billion
16 Nov 2009
Leading maker of children's nutritional products, the over 100-year Mead Johnson had 2008 sales of nearly $2.6 billion
Emami acquires Lakshmibilas
16 Nov 2009
Sterlite loses Asarco as US judge rules in favour of Grupo Mexico
16 Nov 2009
The judge has ordered Grupo Mexico to make a comprehensive proposal to Asarco’s workers union to pave the way to exit bankruptcy.
Vivendi trumps Telefonica on GVT buyout with $4.2 billion offer
16 Nov 2009
Vivendi’s new offer is almost 11 per cent above Telefonica’s latest bid, and 33 per cent higher that its own previous offer of $R42 per share.
Hollywood’s MGM puts itself up for sale
14 Nov 2009
MGM, whose lenders extended forbearance until 31 January, said its other options include operating as a stand-alone entity or forming strategic partnerships
GM repays €200 million Opel loan to Germany
14 Nov 2009
Korea’s GS Home Shopping buys 15-per cent stake in HomeShop18
14 Nov 2009
South Korean TV home shopping channel, GS Home Shopping Inc.is acquiring a 15-per cent stake HomeShop18, a venture of the Network18
Motorola explores three-way split
13 Nov 2009
United Technologies to acquire GE Security for $1.82 billion
13 Nov 2009
UTC, the maker of Carrier air conditioners, Otis elevators, Pratt & Whitney jet engine and Sikorsky Aircraft plans to boost its fire and security business through the acquisition
Playboy again reportedly up for sale
13 Nov 2009
British Airways and Iberia agree to $7 billion merger
13 Nov 2009
The combined business will be led by BA’s CEO, Willie Walsh, and a management team chosen equally from each airline
British Airways and Iberia agree to $7 billion merger
13 Nov 2009
The combined business will be led by BA’s CEO, Willie Walsh, and a management team chosen equally from each airline
British Airways and Iberia agree to $7 billion merger
13 Nov 2009
The combined business will be led by BA’s CEO, Willie Walsh, and a management team chosen equally from each airline
British Airways and Iberia agree to $7 billion merger
13 Nov 2009
The combined business will be led by BA’s CEO, Willie Walsh, and a management team chosen equally from each airline