China-based BGI-Shenzhen, through its subsidiary Beta Acquisition, has purchased Complete Genomics, a provider of whole human genome sequencing services. US-based Complete's products include advanced informatics and analysis systems that ...
Gardner Denver, Inc. and Kohlberg Kravis Roberts & Co. L.P. (together with its affiliates, “KKR”) today announced that the companies have entered into a definitive merger agreement in a transaction valued at approximately $3.9 ...
Tags: Gardner Denver, Kohlberg Kravis Roberts, merger agreement
A. Schulman, Inc. (Nasdaq-GS: SHLM) announced today that it has made a proposal to the Board of Directors of Ferro Corporation (NYSE: FOE) to acquire all of the outstanding shares of Ferro common stock for per-share consideration of $6.50, ...
Tags: A.Schulman, Ferro Corporation, proposal
TORONTO — Sears Canada continued to lose ground in its fiscal fourth quarter as revenue fell 5.0% and same store-store sales decreased 3.8%. Earnings were flat and continued to be driven by factors other than the basics of being a ...
Gujarat NRE Coking Coal (GNCCL), the Australian subsidiary of India-based Gujarat NRE, has recommended its shareholders reject the takeover offer by India-based Jindal Steel & Power Limited (JSPL). JSPL is offering to pay A$0.20 per each ...
Tags: Coking Coal, JSPL, Jindal Steel
Global food group Nestle this morning (14 February) booked an increase in full-year profits but slowing underlying sales growth. The company also pointed to 2013 as looking every bit as "challenging" as 2012. Analysts gave a mixed view of ...
Tags: food group, Nestle, 2013
Michael Dell might be celebrating having agreed a buyout for his company, but $24.4 billion leveraged deal has seen a backlash, with one of the company’s largest shareholders, Southeastern Asset Management, planning to oppose the ...
Tags: Dell, buyout, Southeastern Asset Management
On Wednesday Los Angeles-based service center Reliance Steel & Aluminum Co. and service center Metals USA Holdings Corp. announced a definitive merger agreement whereby Reliance Steel will acquire all of the outstanding shares of Metals USA ...
Tags: Reliance Steel, Steel, Aluminum
US-based life insurer MetLife has inked a definitive agreement to purchase BBVA’s private pension fund administrator in Chile, AFP Provida (Provida), in a deal valued at almost $2bn. Based on the terms of the deal, the acquirer will ...
Tags: life insurer, underwriter, pension industry
Full year 2012 earnings from continuing operations attributable to the Company were $1.12 per share (diluted), compared with a loss of $3.06 per share in 2011. Excluding certain items management considers not representative of ongoing ...
Tags: share, earnings, Interest expense
PPG Industries today announced the successful closing of the previously announced separation of its commodity chemicals business and merger of its wholly-owned subsidiary, Eagle Spinco, with a subsidiary of Georgia Gulf Corporation. ...
Tags: Commodity Chemical Business, share, PPG
Actian, formerly Ingres, is to acquire Pervasive Software, a vendor of cloud-based and on-premises software for data management and analysis. The deal is targeted at the growing big data market. Under the terms of a definitive agreement ...
Tags: Actian, Pervasive Software, software, data management
PPG Industries announced the successful closing of the previously announced separation of its commodity chemicals business and merger of its wholly-owned subsidiary, Eagle Spinco Inc., with a subsidiary of Georgia Gulf Corporation. Pursuant ...
Tags: PPG, Eagle Spinco, Subsidiary, Georgia Gulf
First Solar Inc of Tempe, AZ, USA, which manufactures thin-film photovoltaic modules based on cadmium telluride (CdTe), says it has been notified of an unsolicited "mini-tender" offer by TRC Capital Corporation (TRC) to purchase up to ...
Chemical company BASF has increased cash offer to NOK13.50 per share for Pronova BioPharma, Lysaker, Norway. The company revealed that the offer period expires at 16:30 CET on 18 January 2013 and will not be extended. Increased offer ...
Tags: Pronova BioPharma, financial, cash, share