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Mergers and Acquisitions Buyins and Buyouts

  • SAN FRANCISCO, Nov 16- The investment arm of Koch Industries, the industrial conglomerate of the billionaire Koch brothers, is spending more than $2 billion to take a significant stake in enterprise software provider Infor, the companies said on Wednesday. Koch Industries, with annual revenue of about $100 billion, owns brands such as Brawny paper towels, Dixie...

  • Nov 15- Canada's Lundin Mining Corp said it would sell its indirect stake in TF Holdings Ltd to an affiliate of Chinese private-equity firm BHR Partners for about $1.14 billion in cash. Bermuda- based TF Holdings owns an 80 percent interest in Tenke Fungurume Mining SA. Lundin owns an indirect 30 percent stake in TF Holdings, resulting in an effective 24 percent...

  • Nov 12- The private investment arm of Koch Industries, the industrial conglomerate of the billionaire Koch brothers, is nearing a deal to acquire a significant minority stake in Infor Inc that will value the business software company at roughly $10 billion, according to people familiar with the matter. The deal, if completed, would mark the largest investment...

  • Nov 12- The private investment arm of Koch Industries, the industrial conglomerate of the billionaire Koch brothers, is nearing a deal to acquire a significant minority stake in Infor Inc that will value the business software company at roughly $10 billion, according to people familiar with the matter. The deal, if completed, would mark the largest investment...

  • MOSCOW, Nov 8- Rosneftegaz, the state holding company that controls Russian oil major Rosneft, is considering helping Rosneft finance the buyback of some of its shares in Rosneft, three sources with knowledge of the discussions said. The state is seeking to raise about 700 billion roubles from the sale of the 19.5 percent stake. Under the scheme outlined by the...

  • FRANKFURT, Nov 8- Germany's United Internet has agreed to sell a stake in its web-hosting business to private equity firm Warburg Pincus, netting 450 million euros for the deal but delaying a public listing of the business beyond next year. It values the business, which provides services including home pages and marketing tools to small and medium-sized...

  • The state is seeking to raise about 700 billion roubles from the sale of the 19.5 percent stake. Under the scheme outlined by the sources, who are in the banking and energy sectors and spoke on condition of anonymity, Rosneft would then pay the money back to Rosneftegaz in exchange for the stake, and in turn Rosneftegaz would transfer about 700 billion roubles to...

  • DEUTSCHE TELEKOM MULLS SALE OF 12 PCT STAKE IN BT AFTER BREXIT TALKS START-SOURCES.

  • Nov 4- Telecom company CenturyLink Inc said it would sell its data centers and colocation business to a group of funds for $2.15 billion in cash and a minority stake to be valued at $150 million in the consortium's global secure infrastructure company. The consortium includes funds advised by BC Partners, Medina Capital Advisors and Longview Asset Management.

  • *Weighs dilution or full sale- sources. DUBAI, Nov 3- Abu Dhabi state investment vehicle Mubadala Development Co is considering the sale of a least part of its stake in Dubai's National Central Cooling Co, three sources familiar with the matter told Reuters. Tabreed's largest shareholder since it was part of a rescue effort following an economic slowdown in Dubai...

  • *Weighs dilution or full sale- sources. DUBAI, Nov 3- Abu Dhabi state investment vehicle Mubadala Development Co is considering the sale of a least part of its stake in Dubai's National Central Cooling Co, three sources familiar with the matter told Reuters. Tabreed's largest shareholder since it was part of a rescue effort following an economic slowdown in Dubai...

  • DEAL WOULD INVOLVE DISTRIBUTION PARTNERSHIP, EQUITY STAKE VALUING PROMASIDOR AT ROUGHLY $1 BLN- SOURCES.

  • *MGM prepared to invest up to 1 trln yen. Chief Executive Officer James Murren said MGM would spend between 500 billion yen and one trillion yen on an "integrated resort"- a large-scale project combining casinos with hotels, shopping and conference space- in Tokyo, Yokohama or Osaka. Multiple blue-chip companies would look for an equity stake in an MGM- led project, he...

  • *MGM prepared to invest up to 1 trln yen. Chief Executive Officer James Murren said MGM would spend between 500 billion yen and one trillion yen on an "integrated resort"- a large-scale project combining casinos with hotels, shopping and conference space- in Tokyo, Yokohama or Osaka. Multiple blue-chip companies would look for an equity stake in an MGM- led project, he...

  • *MGM prepared to invest up to 1 trln yen. Chief Executive Officer James Murren said MGM would spend between 500 billion yen and one trillion yen on an "integrated resort"- a large-scale project combining casinos with hotels, shopping and conference space- in Tokyo, Yokohama or Osaka. Multiple blue-chip companies would look for an equity stake in an MGM- led project, he...

  • MOSCOW, Oct 28- Russia's oil giant Rosneft said on Friday it closed the deal to sell a 11 percent stake in the Vankor project to India's top oil explorer ONGC for $930 million.

  • MOSCOW, Oct 28- Russian energy major Rosneft is seeking government approval to buy up to 100 percent of oil firm Bashneft after acquiring a controlling stake earlier this month as a part of a state privatisation drive. State-controlled Rosneft paid 330 billion roubles for a 50.1 percent stake in Bashneft, higher than other bidders offered, including...

  • LIMA, Oct 26- Odebrecht SA's plans to sell its 55 percent stake in a $5 billion natural gas pipeline project in Peru to a Sempra Energy-led group collapsed in the final stage of negotiations, a source said on Wednesday. The Brazilian engineering group, which is disposing of assets after getting ensnared in a corruption scandal in Brazil, has pumped $50 million into...

  • LIMA, Oct 26- Talks between a group led by Sempra Energy Inc and Brazilian company Odebrecht SA over the sale of Odebrecht's stake in a $5 billion natural gas pipeline project in Peru have collapsed due to commercial differences, a source said on Wednesday. The person, who has direct knowledge of the talks but requested anonymity because they are private, said...

  • ATHENS, Oct 26- Greece's power utility Public Power Corp. said on Wednesday that China's State Grid was the highest bidder for a minority stake in the country's power grid operator ADMIE. PPC said State Grid offered 320 million euros for a 24 percent stake in the operator. PPC said its board would decide on the preferred bidder on Oct. 31, while the final decision...