Mergers and Acquisitions Buyins and Buyouts

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  • MOSCOW, July 11- Russia will press on with major privatisations this year, senior government officials said on Monday, after the sale of a further 10.9 percent stake in diamond company Alrosa raised 52.2 billion roubles. The deal, the largest state ownership sale for almost four years, is being heralded as a success by the government- especially as it comes after a...

  • MOSCOW/ MINSK, July 8- Russian businessman Mikhail Prokhorov's Onexim Group has sold its 20 percent stake in Uralkali, the world's largest producer of crop nutrient potash, Onexim said on Friday. Minsk- born Mazepin and Lobyak were schoolmates, a Belarusian business source told Reuters. When Onexim bought the stake in 2013, Uralkali's total market...

  • FRANKFURT/ MADRID, July 7- General Electric and German wind turbine maker Senvion are preparing bids for French wind power group Adwen, which is jointly owned by Spain's Gamesa and France's Areva, people familiar with the matter said. German industrials group Siemens is due to take over Gamesa's 50 percent stake in Adwen as part of its 1 billion euro deal to buy a...

  • CHICAGO, July 5- Commodity trader Bunge Ltd will sell half its stake in oilseed crushing operations in Vietnam to Singapore's Wilmar International Ltd, the world's largest palm oil processor and one of the biggest soybean buyers, in an effort to integrate operations in a fast-growing market. Quang Dung, a soybean meal distributor in Vietnam, will keep a 10...

  • SAO PAULO, July 4- Brazilian equities rose on Monday as shares of CPFL Energia SA jumped on news that the world's largest utility, China's State Grid International Development Ltd, will buy a controlling stake in the company for 5.85 billion reais. CPFL led the gains in Brazil's benchmark Bovespa stock index after Camargo Corrêa SA agreed to sell a 23 percent...

  • BERLIN, July 3- German mechanical engineering group Voith has decided to sell its 25.1 percent stake in robot maker Kuka to Chinese bidder Midea for about 1.2 billion euros, it said on Sunday. Midea has offered 4.5 billion euros for Kuka, making it the biggest German industrial technology company to be targeted by a Chinese buyer in a wave of deals over recent...

  • Thursday's incident is symptomatic of fierce workers' resistance to privatizations in Greece, which have frequently been put on the back burner because of staff objections or government reluctance. They are however a key element of a third international bailout Greece signed up to last summer, worth up to 86 billion euros. Under bailout terms, Greece is...

  • FRANKFURT, June 29- The sale of loss-making Hahn airport in the west of Germany to a Chinese investor has been delayed as the buyer has not yet transferred the money to pay for it, its owners said on Wednesday. The federal state owners of Hahn, a former military base now used mainly by Ryanair, earlier this month announced plans to sell an 82.5 percent stake to Shanghai...

  • June 28- Kinder Morgan Inc said it had agreed to sell half its stake in an Ohio pipeline project to private equity firm Riverstone Investment Group LLC for an undisclosed amount. Riverstone will make an upfront cash payment to Kinder Morgan, including reimbursement for 50 percent share of its previous capital expenditure on the $500 million project, the...

  • June 28- Kinder Morgan Inc said it agreed to sell half of its stake in an Ohio pipeline project to Riverstone Investment Group LLC and the private equity firm would help fund construction and commissioning of the pipeline. The Utopia Pipeline project, which is estimated to cost about $500 million, stretches from Harrison County to Fulton County.

  • Timothy Walbert, Horizon Pharma chairman & CEO, speaks to CNBC during an interview on the floor of the New York Stock Exchange July 20, 2015.

    Horizon Pharma has hired Bank of America to help it explore selling a significant equity stake to an investor that would bolster its balance sheet.

  • It is not clear how Horizon would use the proceeds, but the move illustrates the Dublin, Ireland- based company's drive to shore up its capital and position itself for new acquisitions. Horizon has a market capitalization of $2.4 billion and a debt pile of close to $1.3 billion. Horizon Pharma and Bank of America declined to comment.

  • SAO PAULO, June 27- Odebrecht SA has sold a 57 percent stake in a Peruvian toll road project to Brookfield Asset Management Inc, as Latin America's largest engineering firm sheds assets to cope with fallout from a sweeping corruption probe on its home turf. In a statement, Salvador, Brazil- based Odebrecht said the transaction will allow it to keep a 25 percent in the...

  • RABAT, June 27- The Moroccan government raised 1.94 billion dirhams by selling a 40 percent stake in state-owned port operator Marsa Maroc in the country's first initial public offering this year, traders said on Monday. However, the Casablanca stock exchange's main index, MASI, fell around 1.2 on Monday due to weaker international markets, traders said.

  • *Quebec to hold 49.5 pct stake in new limited partnership. *Quebec can seek same terms as any future federal deal. MONTREAL, June 23- Planemaker Bombardier Inc said on Thursday it signed a long-expected deal with Quebec for the Canadian province to invest $1 billion in its CSeries aircraft program, which has struggled with years of delays and cost overruns.

  • *Quebec to hold 49.5 pct stake in new limited partnership. *Quebec can seek same terms as any future federal deal. MONTREAL/ BENGALURU, June 23- Planemaker Bombardier Inc said on Thursday it signed a long-expected deal with Quebec for the Canadian province to invest $1 billion in its CSeries aircraft program, which has struggled with years of delays and cost...

  • *Quebec to hold 49.5 pct stake in new limited partnership. MONTREAL/ BENGALURU, June 23- Planemaker Bombardier Inc said on Thursday it signed a long-expected deal with Quebec for the Canadian province to invest $1 billion in its CSeries aircraft program, which has struggled with years of delays and cost overruns. Quebec Premier Philippe Couillard said earlier...

  • *Quebec to hold 49.5 pct stake in new limited partnership. June 23- Planemaker Bombardier Inc said on Thursday the Canadian province of Quebec agreed to invest $1 billion in its CSeries aircraft program, which has struggled with years of delays and cost overruns. Quebec Premier Philippe Couillard said earlier this month the terms of the federal and Quebec deals...

  • June 23- Planemaker Bombardier Inc said on Thursday the Canadian province of Quebec agreed to invest $1 billion in its C series aircraft program, which has struggled with years of delays and cost overruns. Bombardier said it would transfer the assets, liabilities and obligations of the program to a newly created limited partnership, in which the company will...

  • June 23- Canadian aircraft maker Bombardier Inc said on Thursday the government of Quebec agreed to invest $1 billion in its C series aircraft program.