M&A
Peabody, ArcelorMittal acquire majority stake in Macarthur Coal
25 Oct 2011
Peabody Energy and ArcelorMittal have completed their takeover of Australia’s Macarthur Coal by securing a majority 59.85-per cent stake in the world's biggest producer of pulverised coal.
US health insurer Cigna to buy medicare firm HealthSpring for $3.8 bn
25 Oct 2011
Cigna is acquiring HealthSpring at a 37-per cent premium to gain a ready platform for selling Medicare plans for the elderly.
Oracle to acquire cloud-based customer service firm RightNow for $1.5 bn
24 Oct 2011
Enterprise software developer Oracle Corp today said that it will buy cloud-based customer service company RightNow Technologies Inc for around $1.5 billion.
Bank of Nova Scotia to buy majority stake in Colombia's Banco Colpatria for $1 billion
20 Oct 2011
The deal gives Scotiabank a large retail banking presence in Colombia with 175 branches and 308 ATMs
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