Skip to main content

Deals of the day -- mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:

** class="mandelbrot_refrag">Yahoo Inc will buy blogging service Tumblr for $1.1 billion cash, giving the Internet pioneer a much-needed social media platform to reach a younger generation of users and breathe new life into its ailing brand.

** Tom Wheeler, nominated to become the new chairman of the Federal Communications Commission, pledged to divest stakes in AT&T Inc, Dish Network Corp, Google Inc and dozens of other id="itxthook0p" class="itxtrst itxtrstspan itxtnowrap"> id="itxthook0w" class="itxtrst itxtrstspan itxtnowrap itxtnewhookspan" style="font-weight: normal; font-size: 100%; text-decoration: underline ! important; border-width: 0px 0px 1px; border-style: none none solid; border-color: transparent transparent rgb(0, 204, 0); padding: 0px 0px 1px ! important; color: rgb(0, 153, 0); background-color: transparent;">tech and telecoms companies if he is confirmed.

** Softbank Corp is seeking to raise about 400 billion yen ($3.90 billion) through a sale of class="mandelbrot_refrag">retail bonds to finance its bid for No.3 U.S. mobile phone carrier class="mandelbrot_refrag">Sprint Nextel Corp, the Nikkei reported.

** The largest U.S. satellite class="mandelbrot_refrag">video provider, DirecTV , is one of the companies considering a bid for online video website Hulu, according to a source familiar with the situation.

** After months of speculation, Vodafone's Vittorio Colao will be under pressure next week to set out whether he may sell its prized stake in Verizon Wireless in what would be one of the biggest deals ever.

** Greece's bank rescue fund will aim to sell Hellenic Postbank and Proton by mid-July with big banks continuing to absorb small lenders as part of plans to revive the battered sector, the country's foreign lenders said in an inspection review.

** Sudan, struggling with economic crisis and a budget deficit, plans to sell stakes in four state-owned sugar plants to attract partners, the official news agency SUNA said.

** New Zealand casino operator SkyCity Entertainment Group has bought Wharf Casino in the resort town of Queenstown for NZ$5 million ($4.04 million) as the company aims to expand its presence in the area, a growing tourist destination.

_0">

_1">

** France's Danone is aiming for a bigger slice of one of the world's fastest-growing dairy markets by investing 325 million euros ($417 million) in two deals with China Mengniu Dairy Co Ltd.

_2">

_3">

** Dutch specialist publisher Wolters Kluwer said on Monday it has acquired Brazil's Prosoft Tecnologia, a leading provider of tax and accounting class="mandelbrot_refrag">software with 250 employees.

_4">

_5">

** Royalty Pharma raised its hostile bid for Elan to $12.50 per share and heaped pressure on shareholders, saying it will withdraw the bid if they approve a series of defensive transactions announced by the Irish drug firm

_6">

_7">

** Morgan Stanley said on Monday it has signed an agreement to sell its Indian wealth management unit to Standard Chartered. Financial terms of the deal were not disclosed.

_8">

_9">

** Standard Chartered has agreed to buy the Indian wealth management unit of Morgan Stanley, helping the British bank expand its private banking id="itxthook1p" class="itxtrst itxtrstspan itxtnowrap"> id="itxthook1w" class="itxtrst itxtrstspan itxtnowrap itxtnewhookspan" style="font-weight: normal; font-size: 100%; text-decoration: underline ! important; border-width: 0px 0px 1px; border-style: none none solid; border-color: transparent transparent rgb(0, 204, 0); padding: 0px 0px 1px ! important; color: rgb(0, 153, 0); background-color: transparent;">business in Asia's third-largest economy.

_10">

_11">

** Billionaire American industrialist Leonard Blavatnik may buy a stake in Russian mobile phone retailer Svyaznoy for $200 million, Russia's business daily Vedomosti reported on Monday, citing a source close to one of the retailer's shareholders.

_12">

_13">

** Goldman Sachs Group Inc launched the sale of about $1.1 billion worth of Hong Kong-traded shares in Industrial and Commercial Bank of China 1398.HK on Monday, offering its entire remaining stake in the world's biggest bank by market value.

_14">

_15">

** U.S. investment management firm Tradewinds Global Investors cut its stake in Italian state-controlled defence group Finmeccanica to 1.85 percent last week from 4.98 percent it held since May 2012, Italian market regulator Consob said on Monday.

_0">

_1">

** Miner Kazakhmys, a top shareholder in ENRC , said it would consider a potential cash-and-share buyout bid for its rival, giving its first response to a potential offer from ENRC's trio of founders first signaled last month.

_2">

_3">

** Britain's Vodafone has withdrawn from the running to provide a mobile service to fixed-line operator BT, two industry sources told Reuters, bringing to an end a nine-year partnership.

_4">

_5">

** Russian state-controlled telecoms operator Rostelecom may sell more than $500 million worth of treasury shares to reduce debt, its newly appointed chief executive Sergei Kalugin said on Monday.

_6">

_7">

** Italian motorway operator Atlantia said on Monday no deal had been reached over a sale of its towers transmission business Towerco.

_8">

** Generic drugmaker Actavis Inc, itself a recent takeover target, said on Monday it would buy specialty pharmaceutical company Warner Chilcott Plc for $5 billion in stock to expand its branded drug portfolio, lower taxes and increase profits.

_9">

_10">

** Dell Inc said in a letter to suitors Carl Icahn and Southeastern Asset Management that the company would not provide more information about itself unless the board determined that their proposal was "superior" to founder Michael Dell's.

_11">

_12">

** Plains Exploration & Production Co shareholders approved the oil company's takeover by mining company Freeport-McMoRan Copper & Gold Inc FCX.N, after both companies sweetened the more than $6 billion deal with two special dividends.

_13">

_14">

** Pactera Technology International Ltd said on Monday that Blackstone Group LP, together with the company's management, made a $680.3 million non-binding proposal to take China's largest technology outsourcing firm private.

_15">

** class="mandelbrot_refrag">Websense Inc said it had agreed to be taken private by Vista Equity Partners in a deal that values the online security firm at about $907 million, a move that should come as a relief to investors after years of weak sales from its legacy business.

_0">

_1">

** GrubHub and Seamless, which allow consumers to easily order online from various class="mandelbrot_refrag">restaurants, said they are merging in a deal that they hope will drive more orders, in more cities, through their platforms.

_2">

_3">

** The privatisation of five UK prisons has been delayed by the Ministry of Justice following an investigation into whether it was overcharged on two contracts with private-sector companies, the Financial Times reported.

_4">

Popular posts from this blog

Study Abroad USA, College of Charleston, Popular Courses, Alumni

Thinking for Study Abroad USA. School of Charleston, the wonderful grounds is situated in the actual middle of a verifiable city - Charleston. Get snatched up by the wonderful and customary engineering, beautiful pathways, or look at the advanced steel and glass building which houses the School of Business. The grounds additionally gives students simple admittance to a few major tech organizations like Amazon's CreateSpace, Google, TwitPic, and so on. The school offers students nearby as well as off-grounds convenience going from completely outfitted home lobbies to memorable homes. It is prepared to offer different types of assistance and facilities like clubs, associations, sporting exercises, support administrations, etc. To put it plainly, the school grounds is rising with energy and there will never be a dull second for students at the College of Charleston. Concentrate on Abroad USA is improving and remunerating for your future. The energetic grounds likewise houses various

Best MBA Online Colleges in the USA

“Opportunities never open, instead we create them for us”. Beginning with this amazing saying, let’s unbox today’s knowledge. Love Business and marketing? Want to make a high-paid career in business administration? Well, if yes, then mate, we have got you something amazing to do!   We all imagine an effortless future with a cozy house and a laptop. Well, well! You can make this happen. Today, with this guide, we will be exploring some of the top-notch online MBA universities and institutes in the USA. Let’s get started! Why learn Online MBA from the USA? Access to More Options This online era has given a second chance to children who want to reflect on their careers while managing their hectic schedules. In this, the internet has played a very crucial in rejuvenating schools, institutes, and colleges to give the best education to students across the globe. Graduating with Less Debt Regular classes from high reputed institutes often charge heavy tuition fees. However onl

Sickening moment maskless 'Karen' COUGHS in the face of grocery store customer, then claims she doesn't have to wear a mask because she 'isn't sick'

A woman was captured on camera following a customer through a supermarket as she coughs on her after claiming she does not need a mask because she is not sick.  Video of the incident, which has garnered hundreds of thousands of views on Twitter alone, allegedly took place in a Su per Saver in Lincoln, Nebraska according to Twitter user @davenewworld_2. In it, an unidentified woman was captured dramatically coughing as she smiles saying 'Excuse me! I'm coming through' in the direction of the customer recording her. Scroll down for video An unidentified woman was captured dramatically coughing as she smiles saying 'Excuse me! I'm coming through' in the direction of a woman recording her A woman was captured on camera following a customer as she coughs on her in a supermarket without a mask on claiming she does not need one because she is not sick @chaiteabugz #karen #covid #karens #karensgonewild #karensalert #masks we were just wearing a mask at the store. ¿ o