Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Mergers and Acquisitions »
Open DEMAT Account in 24 hrs
 Govt may further sweeten Air India offer
 How India is becoming an unlikely Asian hotspot for mergers & acquisitions
 Notification No. 05/2020-Customs (ADD) Ministry Of Finance
 Deals of the day-Mergers and acquisitions March 6, 2020
 Deals of the day-Mergers and acquisitions March 2, 2020
 Mint Investment Summit - M&A in India: Challenges and opportunities
 Record Year 2019: Fintech Deals, Mergers and Acquisitions Study
 Deals of the day-Mergers and acquisitions February 28, 2020
 Deals of the day-Mergers and acquisitions February 4, 2020
 The mergers and acquisitions perspective
 Deals of the day-Mergers and acquisitions January 6, 2020

Deals of the day-Mergers and acquisitions
March, 15th 2017

(Adds GFH Financial, Euronet Worldwide, Air Methods, Glencore; Updates Toshiba, French Connection)

March 14 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Tuesday:

** Sealed Air Corp is in exclusive talks to sell its cleaning and chemicals systems division, Diversey Care, to private equity firm Bain Capital LLC for between $3 billion and $4 billion, people familiar with the matter said on Monday.

** Billionaire investor William Ackman walked away from Valeant Pharmaceuticals International Inc on Monday with a loss of more than $3 billion as he sold his entire stake in the struggling drug company after trying to rescue it for some 18 months.

** U.S. medical helicopter company Air Methods Corp , which has been under pressure from activist investor Voce Capital to sell itself, agreed to be acquired by private equity firm American Securities LLC in a $2.5 billion deal, including debt.

** Toshiba Corp is 'actively considering' a sale and other strategic options for U.S. nuclear unit Westinghouse, the group said, as it expanded a probe into problems there that caused it to miss an earnings deadline for a second time.

** Verizon Communications Inc sought almost triple the price reduction that it ultimately obtained for Yahoo Inc's core assets following two massive cyber attacks at the internet company, according to a Yahoo filing.

** Acquisition company Harmony Merger Corp and privately held liquefied natural gas developer NextDecade LLC said on Monday that they would merge in an all-stock deal valued at about $1 billion.

** TechStyle Fashion Group, owner of the Fabletics sportswear line that features celebrity actress Kate Hudson, is exploring a sale that could value it at more than $1.5 billion, including debt, people familiar with the matter said on Monday.

** Kenya's telecoms regulator said it had no plans to break up any company in the sector, weeks after a leaked draft report on competition it commissioned recommended that Safaricom , the country's biggest operator, be split.

** Brazilian meatpacker and food processor JBS SA on Monday said it reached an agreement to acquire U.S.-based ham and bacon producer Plumrose USA for $230 million, according to a securities filing.

** U.S. electronics payments processor Euronet Worldwide Inc offered to buy U.S. money-transfer company MoneyGram International Inc for more than $1 billion, trumping a bid by Ant Financial Services Group, the payment affiliate of China's Alibaba Group Holding Ltd.

** U.S. networking software company Citrix Systems Inc has been exploring strategic alternatives including a potential sale, people familiar with the matter said on Monday.

** Ligado Networks, the wireless satellite venture formerly known as LightSquared Inc that emerged from bankruptcy in 2015, is working with financial advisers to explore strategic alternatives, according to people familiar with the matter.

** German utility RWE said it could cut its stake in Innogy to 51 percent, but declined to respond directly to a report that France's Engie was considering a bid for the networks and renewables business it listed last year.

** Investment firms Spectrum Equity and Cressey & Co have agreed to acquire a majority stake in Verisys Corporation, a U.S. provider of data and software that help healthcare providers with regulatory compliance, people familiar with the matter said.

** French asset manager Amundi set a price of 42.50 euros for its previously announced 1.4 billion euros ($1.5 billion) rights issue to finance its acquisition of Pioneer Investments from Italian bank UniCredit.

** Canadian pension fund investor Borealis Infrastructure and the infrastructure investing arm of the Kuwait Investment Authority (KIA) said they had agreed to buy a 26 percent stake in Britain's Thames Water.
** An activist investor urged struggling British fashion retailer French Connection Group Plc to split itself or spin off its Toast brand, after the company posted its fifth straight annual loss.

** Miner-trader Glencore has increased its control of core commodity zinc through a deal with Canada's Trevali in which it is selling shares in two mines and helping to create the first pure zinc company with wide geographical reach.

** Bahrain's GFH Financial Group may merge with Dubai-based Shuaa Capital, GFH said, confirming market speculation. (Compiled by Ahmed Farhatha and Arunima Banerjee in Bengaluru)

Home | About Us | Terms and Conditions | Contact Us
Copyright 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting