Texas-based private-equity firm TPG Capital is said to be considering signing an agreement to acquire Envision Pharmaceutical Holdings, an Ohio-based pharmacy-benefits manager (PBM), for an undisclosed sum. Sources familiar with the ...
Tags: Envision Pharmaceutical, TPG
Concerns about the global economy and political unrest in Canberra are cruelling appetite for takeovers, with some of the nation's top dealmakers tipping companies to remain on the sidelines until economic clouds clear. In a sign of the ...
The competition watchdog has revealed that Telstra has breached measures designed to stop the telco giant from gaining unfair advantages over its rivals during the rollout of the National Broadband Network. The telco giant on seven ...
ProSight Specialty Insurance, a global insurance group in the construction industry, has launched builders reporting policy (BRP) program, aimed to provide additional cash flow for residential and commercial contractors with a low deposit ...
The stalled initial public offering market has shown signs of life after Virtus Health was priced at the top of the range, raising $339 million in the biggest private equity float since KFC franchisor Collins Foods in 2011. After strong ...
Tags: IPO Market, Virtu, Health&Medicine
Ulf Henriksson, originally from Sweden, joins Dematic as new Group CEO effective immediately. He brings more than 20 years of leadership experience and has proven to consistently achieve strong results for global businesses. Ulf Henriksson ...
The government has fallen about $1 billion short of the $3bn revenue windfall it had hoped to reap from the sale of valuable wireless spectrum to the nation's leading telecoms companies. After two weeks of secret bidding, Telstra, Optus ...
Tags: Wireless Spectrum, secret bidding
Systems management software vendor BMC Software has announced job cuts following the conclusion of a review into its operations. The restructuring will result in a pre-tax charge estimated at between $33m and $38m (£21m and ...
Tags: Computer Products, software
"MOVE along now, nothing to see." Constable Plod's old refrain looks an apt way to sum up Criterion's performance in the March quarter, with his "buy" calls rising an average 1 per cent in a quarter in which the broader market surged 5 per ...
Tags: economy
Despite what he sees as shortcomings of Microsoft’s real-time communications platform, Lync, businesses will see value to some of its features, and supplement those with products from Avaya, says Avaya CEO Kevin Kennedy. “Are ...
Blackstone Group has reportedly sent a preliminary counter-bid to buy out Dell, which would rival the current proposed offer of US$24.4 billion from Silver Lake Partners and Michael Dell made in early February. Blackstone, an equity firm, ...
Tags: Blackstone, Dell, financial services
Blackstone Group has reportedly sent a preliminary counterbid to buy out Dell, which would rival the current proposed offer of US$24.4 billion from Silver Lake Partners and Michael Dell made in early February. Blackstone, an equity firm, ...
Tags: Blackstone, Dell, Counterbid
INVESTMENT banks, suffering the softest period for takeover completions in almost a decade, are facing the prospect of another weak year of deal-making as companies remain cautious and shy away from big mergers and acquisitions. In ...
Tags: M&A, Downward Spiral, economy
While Michael Dell struggles to take his eponymously named hardware vendor private, BMC Software is set to be taken private in a takeover by a consortium of private equity interests. BMC, best known for its systems management software, ...
Tags: BMC Software, Computer Products
With Michael Dell still battling to get his US$24.4 billion buyout deal approved by shareholders, his company needs to avoid a long, drawn-out battle that could erode customer confidence. Dell will soon provide details about any ...
Tags: Dell, Long Buyout Battle, go-shop period