UPDATE 4-Thai Union Frozen to buy U.S. tuna firm Bumble Bee for $1.5 bln
Friday December 19th, 2014 04:46:19 PM
* Bangkok Bank, SCB to provide financing (Adds comment on potential U.S. antitrust issues)
BayernLB sues Ecclestone for damages over Formula One sale
Friday December 19th, 2014 04:39:26 PM
MUNICH, Dec 19 (Reuters) - German state-backed lender BayernLB is suing Formula One boss Bernie Ecclestone for millions of euros in damages in connection with his involvement in the 2006 sale of its...
Confusion reigns in leveraged land
Friday December 19th, 2014 03:47:12 PM
NEW YORK, Dec 19 (IFR) - Bankers specialising in leveraged loans and high-yield bonds say 2015 will start off in a similar fashion to 2014: with the same level of confusion about how to interpret US...
Deals of the day- Mergers and acquisitions
Friday December 19th, 2014 02:30:20 PM
(Adds BlackBerry, Starwood Capital, EnBW, Alstom, BASF, Hawesko; updates Club Mediterranee, Pivovarna Lasko)
TRLPC-Banks prep 500 mln stg loan for HEG's intergenia buy and refi
Friday December 19th, 2014 02:25:24 PM
LONDON, Dec 19 (Reuters) - Banks have lined up around 500 million pounds ($783.50 million) of leveraged loans to back internet domain and hosting company Host Europe Group's acquisition of...
EU mergers and takeovers (Dec 19)
Friday December 19th, 2014 02:23:26 PM
BRUSSELS, Dec 19 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process:
CVC, Singapore's GIC to cut stake in HKBN listing
Friday December 19th, 2014 02:14:25 PM
HONG KONG, Dec 19 (Reuters) - HKBN Ltd, the second-largest broadband Internet provider in Hong Kong, filed late on Friday for an initial public offering, with shareholders including private equity...
Hawesko calls for shareholder meeting in battle against hostile bid
Friday December 19th, 2014 11:16:26 AM
FRANKFURT, Dec 19 (Reuters) - German wine seller Hawesko has called an extraordinary shareholder meeting for Jan. 26 to discuss a hostile takeover bid from 31-percent shareholder Detlev Meyer, the...
BRIEF-Atlas Mara increases its stake in Union Bank of Nigeria to 29.9 pct
Friday December 19th, 2014 11:04:00 AM
* Atlas Mara successfully increases its stake in Union Bank of Nigeria to 29.9 pct
BRIEF-RSA Insurance sells its stake in Thailand insurer Syn Mun Kong
Friday December 19th, 2014 09:32:30 AM
* It agreed and completed sale of its 21.75 pct holding in Thailand insurer Syn Mun Kong to Leapfrog Thailand Holdings Ltd and Mindo Asia Investments Ltd
BRIEF-IK Investment Partners to sell Agros Nova
Friday December 19th, 2014 09:08:29 AM
* The IK 2007 Fund has reached an agreement to sell part of the Agros Nova Group, a leading manufacturer of branded fruit and vegetable food products, to Maspex-GMW Sp. z o.o. Sp. k. ("Maspex"), the...
BRIEF-Wolters Kluwer to acquire SBS Software in Germany
Friday December 19th, 2014 09:05:05 AM
* Acquisition expands position in tax & accounting software for tax advisors Source text for Eikon: Further company coverage:
BRIEF-Altor buys Danish Norican
Friday December 19th, 2014 08:54:30 AM
* Altor Fund IV (Altor) has signed a binding agreement to acquire a majority of the shares in the leading metallic parts enhancement company Norican Holdings ApS ("Norican")
Thai TUF may need to raise equity after debt-fuelled Bumble Bee buy-CEO
Friday December 19th, 2014 05:22:23 AM
BANGKOK, Dec 19 (Reuters) - Thai Union Frozen Products PCL (TUF) may need to raise equity capital to lower its debt-to-equity ratio after a $1.5 billion acquisition of U.S. tuna producer Bumble Bee...
Thai Union Frozen to buy N.American tuna firm Bumble Bee for $1.5 bln
Friday December 19th, 2014 02:10:51 AM
BANGKOK, Dec 19 (Reuters) - Thai Union Frozen Products PCL , the world's largest canned tuna producer, said on Friday it has signed an agreement to acquire 100 percent of North American tuna company...
American Apparel approached for possible buyout -WSJ
Friday December 19th, 2014 01:41:07 AM
Dec 18 (Reuters) - Clothing manufacturer American Apparel Inc has been approached by private equity firm Irving Place Capital for a possible takeover, The Wall Street Journal reported, citing sources.
Fortress looks to sell TRAC Intermodal - sources
Thursday December 18th, 2014 10:33:08 PM
Dec 18 (Reuters) - Private equity firm Fortress Investment Group LLC is exploring a sale of TRAC Intermodal LLC, a logistics equipment leasing company that could be valued at more than $1.7 billion,...
Deals of the day- Mergers and acquisitions
Thursday December 18th, 2014 09:00:10 PM
(Adds BNP Paribas, One Equity, Deere, Aer Lingus, Grupo Bimbo, Roche; updates Alcatel Lucent)
Advent buys control of wholesale tech firm in 4th Brazil deal this year
Thursday December 18th, 2014 08:55:49 PM
SAO PAULO, Dec 18 (Reuters) - U.S. buyout firm Advent International Corp bought control of Brazilian wholesale technology products distributor Allied SA from rival One Equity Partners LLC on...
Latest LightSquared Ch. 11 exit plan would give Harbinger equity
Thursday December 18th, 2014 08:21:18 PM
NEW YORK, Dec 18 (Reuters) - LightSquared, the bankrupt wireless venture owned by Phil Falcone's Harbinger Capital Partners, on Thursday submitted a new restructuring plan under which Harbinger would...