Mergers and Acquisitions Buyins and Buyouts

  • July 22- Silver Run Acquisition Corp, run by energy industry veteran Mark Papa, said on Friday it had taken a controlling stake in oil producer Centennial Resource Development LLC, with plans to develop its acreage in the Permian basin of Texas. Energy-focused private equity firm Riverstone Holdings LLC, which is Silver Run's sponsor, took a controlling stake in...

  • Lloyd Blankfein joins Squawk Box on the first day at their new studio in New York City.

    Few Wall Street banks still run LBO shops in-house. An $8 billion LBO fund may put the bank in a class of its own.

  • SAO PAULO, July 19- Brazil's state-controlled Petróleo Brasileiro SA is inclined to restart the process of selling part of BR Distribuidora SA, a source with direct knowledge of the matter said, as a recent bidding round put a low price tag on the fuel distribution unit. The three bidders were global energy and commodity trading company Vitol BV and...

  • BUENOS AIRES, July 19- Argentine utilities company Pampa Energia said on Tuesday it had sold its indirect stake in local natural gas supplier Transportadora de Gas del Sur for $241 million. Pampa Energia has received a partial payment of $8 million, with a further $153 million due when the company closes a purchase of Petrobras Argentina. In May, Brazil's...

  • In February, Baidu received an offer for its 80.5 percent stake in iQiyi from Robin Li and Yu Gong, the chief executives of Baidu and iQiyi, respectively. The offer valued the whole of iQiyi, China's second-biggest online video provider, at $2.8 billion on a cash- and debt-free basis. "We worry that embracing what is an inherent conflict of interest will lead to damage...

  • In February, Baidu received an offer for its 80.5 percent stake in iQiyi from Robin Li and Yu Gong, the chief executives of Baidu and iQiyi, respectively. The offer valued the whole of iQiyi, China's second-biggest online video provider, at $2.8 billion on a cash- and debt-free basis. "We worry that embracing what is an inherent conflict of interest will lead to damage...

  • JERUSALEM, July 17- Israel's Discount Investment Corp said on Sunday it had agreed to sell a 40 percent stake in crop protection maker Adama Agricultural Solutions to China National Chemical Corp for $1.4 billion, including debt. Discount Investment said in a statement to the Tel Aviv Stock Exchange that in return for the remaining Adama shares, ChemChina...

  • JERUSALEM, July 17- Israel's Discount Investment Corp said on Sunday it had agreed to sell a 40 percent stake in crop protection products maker Adama Agricultural Solutions to China National Chemical Corp for $1.4 billion, including debt. The deal is set to pave the way for a merger between Adama and its smaller rival Sanonda. Discount Investment said in a...

  • SAO PAULO, July 15- Brazil's São Paulo state said it was considering the sale of its controlling stake in the country's No. 4 electricity generator, CESP, triggering a 19 percent surge in the price of its preferred shares. Earlier, a source present at a Friday investor meeting arranged by JPMorgan Chase& Co quoted Villela as saying Brazil's development bank BNDES...

  • SAO PAULO, July 15- Regulatory changes under Brazil's interim President Michel Temer could soon facilitate a sale by Sao Paulo's state government of its controlling interest in power utility Cesp SA, a state official said on Friday. Sao Paulo Finance Secretary Renato Villela, told Reuters in a phone interview that no final decisions about a possible...

  • National Amusements Inc, through which the 93- year-old media mogul owns 80 percent of Viacom, said in a statement that Paramount was "one of Viacom's most valuable assets" and a stake sale "would chill the interest of parties that may be interested in a larger transaction involving all of Viacom." A Viacom spokesman said it was "beyond understanding" that National...

  • National Amusements Inc, through which the 93- year-old media mogul owns 80 percent of Viacom, said in a statement that Paramount was "one of Viacom's most valuable assets" and any short-term benefits of a stake sale would be outweighed by the "negative impact on Viacom's future strategic flexibility to best capitalize on this important asset."

  • National Amusements Inc, through which the 93- year-old media mogul owns 80 percent of Viacom, said in a statement that Paramount was "one of Viacom's most valuable assets" and any short-term benefits of a stake sale would be outweighed by the "negative impact on Viacom's future strategic flexibility to best capitalize on this important asset."

  • EXCLUSIVE- CHINA'S WANDA INTERESTED IN MINORITY STAKE IN VIACOM'S PARAMOUNT PICTURES- SOURCES.

  • BUDAPEST/ WARSAW, July 13- Poland's financial sector led a retreat of Central European shares on Wednesday as a sale of a stake in Bank Pekao by UniCredit reignited worries over government interference in the sector. This has reminded investors of similar government policies in Budapest, which several years ago contributed to downgrades of Hungary's credit...

  • *India's GoAir signs MOU to buy 72 Airbus A320neos. *Qatar Airways to buy 10 percent stake in LATAM. FARNBOROUGH, England, July 12- Airbus struck a preliminary deal to sell 72 single-aisle jets to India's GoAir on Tuesday and was negotiating over the sale of 100 more to another Asian airline to try to seize the initiative at a rain-soaked Farnborough Airshow.

  • MOSCOW, July 11- Russia will press on with major privatizations 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, 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, July 11- Russia will press on with major privatizations 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, 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...