Dutch software group Unit4 said on Monday that it had been approached by private equity firms about a possible takeover at up to 35 euros per share, Reuters reported.
1 min read · 14 October 2013
Facebook has agreed to buy start-up app-maker Onavo, the Israeli company said on its website on Monday, without giving any details of the deal.
1 min read · 14 October 2013
Christopher Fry is among Twitter Inc's highest-paid executives, writes Reuters. The senior vice president of engineering raked in $10.3 million last year, just behind Twitter chief executive Dick Costolo's $11.5 million, according to Twitter's IPO documents, writes Reuters.
5 min read · 14 October 2013
German drugs and healthcare group Merck KGaA is in talks with external investors including private equity firms to share the cost of some clinical trials, the Financial Times said, writes Reuters. The diversified group is also exploring more "risk-sharing" deals under which the company would receive a fee linked to the success of some of its products including in-vitro fertility treatments.
1 min read · 14 October 2013
Russian entrepreneur Oleg Tinkov's credit card business TCS said it will place shares worth up to $870 million in a London flotation, valuing the company at up to $3.2 billion, writes Reuters. The offering will include the sale of new shares, raising proceeds of $175 million for the company. Existing shareholders including Oleg Tinkov and his private-equity backers will reduce their stakes.
1 min read · 14 October 2013
German medical skin patch maker LTS Lohmann has attracted offers valuing the company at 1.1-1.3 billion euros ($1.5-1.8 billion), sources told Reuters.
2 min read · 11 October 2013
The sale of French construction company Materis' industrial mortars unit Parex has attracted a clutch of bidders with private equity and trade firms making it through to the second round of an auction process, banking sources told Reuters.
2 min read · 11 October 2013
Family-owned Swiss firm VAT Vacuum Valves has attracted interest from industrial and financial investors, who are willing to pay roughly 800 million Swiss francs ($880 million) for the company, sources told Reuters.
1 min read · 11 October 2013
Private equity firm KKR & Co LP will pay about $150 million for close to 30 percent of India's Gland Pharma Ltd, two sources with direct knowledge of the matter said, in what would be the U.S. buyout firm's eighth investment in Asia this year.
1 min read · 11 October 2013
Singapore-listed Del Monte Pacific Ltd will buy the canned food business of private equity-backed Del Monte Foods Consumer Products Inc for $1.7 billion, gaining a direct presence in the key U.S. market and reuniting a substantial portion of the Del Monte brand family.
2 min read · 11 October 2013
