NEW YORK-- Annaly Capital Management Inc. raised its offer to buy the rest of specialty finance group CreXus Investment Corp. and has sealed the deal for about $872.3 million in cash. Annaly, a real estate investment trust, said Thursday it will pay $13 per share for the stock it doesn't already own, up from its November offer of $12.50 per share.
MILAN, Jan 30- Fiat SpA Chief Executive Sergio Marchionne said the Italian automaker would like to see the minority holder of U.S. affiliate Chrysler Group LLC sell out as soon as possible. It's up to them, "he said, referring to a United Auto Workers union retiree healthcare trust called VEBA that owns 41 percent of Chrysler.
CHARLESTON, W.Va.-- Expanding its footprint the Washington, D.C. market, United Bankshares Inc. will buy Virginia Commerce Bancorp Inc. in a deal worth $490.6 million, the company said Wednesday.
NEWTOWN, Pa.-- A private equity firm plans to buy BioClinica Inc., which provides clinical trial management services, in a deal valued at about $123 million. BioClinica, based in Newtown, Pa., said Wednesday its board of directors has unanimously approved the deal, in JLL Partners Inc. will pay $7.25 for each BioClinica share.
NEW YORK, Jan 30- Dell Inc's founder and chief executive may pay as much as $1 billion out of his personal fortune to assume control of the world's No. 3 PC maker in a leveraged buyout, Bloomberg News reported on Wednesday citing people familiar with the matter.
*Abu Dhabi cracking the whip with state-linked firms. DUBAI, Jan 30- The state-backed union of Abu Dhabi's two biggest property developers is likely just the first step in a wider consolidation that will see projects and state entities merged in a bid to stabilise the real estate market.
*To sell 40 percent of interest in Texas field. Jan 30- Oil and gas producer Pioneer Natural Resources Co said it would sell a 40 percent interest in the Wolfcamp shale field in Texas to China's state-run Sinochem Group Co Ltd for $1.7 billion.
*Kinder to expand in south and north Texas, and Oklahoma. Jan 30- Kinder Morgan Energy Partners LP will buy natural gas pipeline operator Copano Energy LLC for $3.22 billion to tap into growing demand for infrastructure to transport vast supplies from the shale fields of Texas and Oklahoma.
*A Life Tech buy would mark Thermo Fisher's largest deal. NEW YORK, Jan 29- Thermo Fisher Scientific Inc is considering making an offer for Life Technologies Corp, the biomedical laboratory equipment maker that is exploring a potential sale, three people familiar with the matter said on Tuesday.
OMAHA, Neb.-- ConAgra Foods Inc. said Tuesday that it has completed its roughly $5 billion acquisition of private-label food maker Ralcorp Holdings Inc.. ConAgra, which sells brands like Chef Boyardee and Marie Callender's, paid $90 per share cash for Ralcorp's common stock. Kevin Hunt, former CEO of Ralcorp, will be a consultant to ConAgra Foods for the next year.
London hedge funds Odey Asset Management and Egerton Capital are among those upping their bets against Monte dei Paschi di Siena in recent days, after revelations the troubled Italian bank faces heavy losses.
LONDON, Feb 3- Big-name London hedge funds Odey Asset Management and Egerton Capital are among those upping their bets against Monte dei Paschi di Siena in recent days, after revelations the troubled Italian bank faces heavy losses.