BASF announced that its U.S. affiliate, BASF Corporation, is commencing a tender offer for the acquisition of Verenium Corporation, San Diego, California, at a cash offer price of US$4.00 for each Verenium share. The offer period is ...
US-based life insurer MetLife has finalized acquisition of a 64.3% stake of Chilean pension fund administrator, AFP Provida from Spanish bank BBVA, in a deal worth approximately $1.54bn. From the sale of AFP, the Spanish bank received ...
Tags: Metlife, life insurer
Ahlstrom, a global high performance fiber-based materials company, completes the partial repurchase of its hybrid bond (ISIN: FI4000006929) issued in November 2009. The company has agreed to repurchase a nominal amount of EUR 45,500,000 ...
Tags: Hybrid Bonds, Textile
BASF Corporation has entered into an agreement to commence a cash tender offer for all of the outstanding shares of common stock of the biotechnology company Verenium Corporation [Nasdaq: VRNM] for $4.00 per share. Based on all outstanding ...
Tags: Construction, Decoration
The State-owned Assets Supervision and Administration Commission (SASAC) of China in principle approved Chongqing Brewery Group to accept the tender offer of buying 96.79 million shares or a 20% stake the group holds in Chongqing Brewery ...
Tags: Chongqing Brewery, Food
Japanese drugmaker Otsuka Pharmaceutical has agreed to acquire Astex Pharmaceuticals for $866m in an all-cash tender offer. Under the deal, Astex's fragment-based drug design technology called 'PYRAMID' will be integrated into Otsuka, ...
Biotechnology company Amgen has reached a deal to buy all outstanding shares of California-based Onyx Pharmaceuticals for $125 per share in cash. The purchase price of the transaction that is expected to be closed by the beginning of ...
Tags: Amgen, Onyx Pharmaceuticals
NOVA Chemicals Corporation announced that it has closed its private placement of $500 million aggregate principal amount of 5.25% Senior Notes due 2023. The Company also announced that, as of 5:00 P.M., New York City Time, on July 29, ...
Tags: Nova Chemicals, Textile
In the second quarter of 2013, we generated a profit of $201 million compared to profit of $186 million for the second quarter of 2012. The increase was primarily due to lower finance costs in the second quarter of 2013. For the six ...
Tags: Profits, NOVA Chemicals
UK-based GlaxoSmithKline (GSK) has postponed plans to increase its stake from 46.4% to 75% in GlaxoSmithKline Consumer Nigeria (GSK Nigeria), proposed under a scheme of arrangement. The minority shareholders considered the deal ...
Carl Icahn's bid to disrupt plans to buyout Dell have ramped up, with the billionaire offering to pay $14 a share for a majority stake in the company if shareholders help him in reducing the proposed $24.4bn (£15.6bn) offer for the ...
Tags: Dell, Carl Icahn
US stocks pushed to the highest levels in nearly three weeks as investors await news on whether the Federal Reserve will pull back on its stimulus measures. Small-company stocks were among the best performers in Tuesday's rally, with the ...
Carl Icahn has acquired a larger stake in Dell and called for a better buyout offer than the proposal of US$13.65 per share from Michael Dell and Silver Lake Partners. Icahn has proposed that Dell commence a tender offer for around 1.1 ...
Tags: Dell, Carl Icahn, Buyout Deal
Lushang Group, controlling shareholder of Silver Plaza Group (SHSE: 600858), spent CNY 250 million buying additional 5% shares in the listed company. Silver Plaza announced today that it received a tender offer from Lushang that planned ...
Genesys, a provider of customer engagement and contact centre solutions, has signed a definitive agreement to acquire SoundBite Communications for $5 per share. SoundBite delivers cloud-based proactive collections, payments, and mobile ...
Tags: Genesys, Soundbite Communications