Apollo Global Management (Apollo) has agreed to provide a set of heightened policyholder protections as part of Athene Holding's proposed acquisition of Aviva Life and Annuity Company of New York (Aviva New York). The New York's ...
Tags: Apollo, Policyholder Protections
The Chinese Ministry of Commerce has approved the proposed acquisition of the Swedish dialysis equipment manufacturer Gambro by Baxter International for $4 bn. Under the terms of the conditional approval, the company is supposed to sell ...
Tags: Gambro Buyout, Baxter
Mergers and acquisitions in the UK food and drink industry hit a 10-year low at just 73 deals in the first half of this year, revealed figures from information services company Experian. Could AG Barr's acquisition of GSK's Lucozade and ...
Tags: Agriculture, Food
Is the New Zealand equity market a bubble? With global short-term interest rates at close to zero and a number of central banks pumping liquidity into markets as fast as their printing presses allow, there are clear signs that asset bubbles ...
Tags: Paul Glass, Construction
Siemens has started talks with private-equity firms about the sale of its share in Nokia Siemens Networks, The Wall Street Journal reported on Friday. The German company's 50% share of Nokia Siemens Networks (NSN) could be worth more than ...
Tags: Siemens, Nokia, Networking Venture
Netherlands-based financial conglomerate ING has received offers for its South Korean life insurance business from a Korean life insurer and two Seoul-based private-equity firms. The three bidders include Kyobo Life Insurance Co and ...
Tags: ING, Bids, Insurer Business
Easton-Bell Sports is rebounding from a tumultuous year—a dramatic reshuffling of top management, the departure of key staff and the return of Terry Lee as the company's CEO. Its helmet division—Giro and Bell—had taken a ...
Tags: Transportation, Sporting Goods
Bebe stores, inc. announced that it has promoted Liyuan Woo to the position of Chief Financial Officer (“CFO”). Ms. Woo, who currently serves as the Company’s Principal Accounting Officer and Vice President-Corporate ...
Tags: Bebe stores, Apparel
Investors Silverton Partners and Sevin Rosen Funds have sold their stakes in Javelin Semiconductor Inc of Austin, TX, USA, which was one of the first firms to develop 3G wireless communications power amplifiers (PAs) based on ...
Tags: CMOS PAs, Electronics
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
Tata Consultancy Services is to acquire French IT services company Alti in a bid to increase its presence in the European market. India's largest outsourcer said in a filing Tuesday to the Bombay Stock Exchange that it has signed ...
Tags: Computer Products, software
Wells Fargo Insurance, part of Wells Fargo & Company, has appointed Richard Colton as the new head of its mergers and acquisitions (M&A) industry practice operations. Having 30 years of industry expertise, Colton will work closely with ...
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
US snack food manufacturer McKee Foods has been selected as the leading stalking horse bidder to acquire Hostess Brands' Drake's snack cake business for $27.5m. Hostess Brands stated that the deal will be presented to the US Bankruptcy ...
Tags: Mckee Foods, Drake's Snack Cake, Food
Separate final bids have been placed by the US private equity firms Blackstone and TPG Capital as well as a consortium led by Chinese agribusiness company New Hope to acquire Australia's leading poultry processor Inghams Enterprises. The ...
Tags: Blackstone, TPG Capital, consortium