US-based Stryker has announced a definitive agreement to acquire the medical device company Mako Surgical for $30.00 per share in cash with an aggregate purchase price of around $1.65bn. The acquisition is subject to customary closing ...
Tags: Stryker, Mako Surgical
CriticalPoint Capital, the investment affiliate of CriticalPoint Partners, announced that it has acquired Organized SportsWear, LLC. Organized SportsWear manufactures physical education uniforms with customized silk screen printing and ...
Tags: Organized Sportswear, Apparel
US-based biodegradable plastics manufacturer Casey Container has signed a stock purchase agreement with Aruba Brands, which is worth about $1.5m. As part of the deal, Aruba will acquire Casey's issued and outstanding common shares equal ...
Tags: Casey Container, Packaging
Specialty insurer ProAssurance has reached an agreement to purchase Eastern Insurance Holdings (EIHI), for $24.50 per share in an all-cash transaction valued at nearly $205m. Under the terms of the agreement, which is likely to conclude ...
Tags: Proassurance, Eastern Insurance
Smithfield Foods announced that its shareholders have voted in favor of proposed merger with China's Shuanghui International for $4.7bn, in a development which will be the largest ever takeover of a US company by a Chinese firm. At a ...
After giving a trading update for first-half 2013 in late July, epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK has confirmed record revenue of £63m (up 84% from £34.3m for first-half 2012). EBITDA (earnings ...
Tags: IQE, Electrical, electronics
BlackBerry’s messenger app for Android and iPhone will not roll out this week as the company struggles to block an unreleased version of the Android app that affected its system. The smartphone maker said Saturday it had paused the ...
Tags: Blackberry, Android, iPhone
A consortium led by Canada’s Fairfax Financial Holdings has offered to acquire struggling smartphone maker BlackBerry. The proposed deal, which is supported by BlackBerry’s board of directors, values the company at US$4.7 ...
Tags: Blackberry, Electronics
Embotelladora Andina, a Chile-based beverage firm and a Coca-Cola bottler, has outlined plans to offload $600m in international bonds due 2023. The amount raised by selling the bonds will be used to finance the acquisition of Brazil-based ...
Tags: Coke Bottler, Food
GARDEUR CEO Gerhard Kränzle has signed – on behalf of Kränzle Beteiligungs GmbH and in the presence of representatives of an investment fund of the NRW.BANK – a Memorandum of Understanding on the short-notice ...
Canadian smartphone maker BlackBerry has agreed to a US$4.7bn takeover bid from a consortium led by its biggest shareholder, Fairfax Financial. In a statement released today, the company has signed a letter of intent agreement under which ...
Tags: Blackberry, Consumer Electronics, smartphone
Dutch insurer Delta Lloyd Group has entered into an agreement to acquire Belgium-based insurer, ZA Verzekeringen, from Amodo Group, to boost its presence in the country by providing a comprehensive assortment of products. Delta Lloyd ...
Tags: Delta Lloyd, Za Verzekeringen
Brenntag, a German chemical distribution company, has agreed to acquire the chemical distribution division of Zytex, an Indian-based biotechnology food formulation and manufacturer, for €10.2m. Zytex's food ingredients distribution ...
Tags: Brenntag, Food Ingredient
Struggling smartphone maker BlackBerry has quantified just how bad business is at the moment, as users abandon its once-dominant platform. The company said it plans to record a GAAP net operating loss during the July to September quarter ...
Tags: Blackberry, smartphone, Consumer Electronics
Innospec Inc. has announced that it has acquired Chemsil Silicones Inc and the Chemtec Chemical Co., from its private owners. Sponsored Links Acute Pain Management Training Chemsil develops and markets silicone-based formulations to the ...