Archive for category M&A

Agrium received regulatory approvals for the CF Industries Holdings acquisition

Fertilizer company Agrium Inc. on Wednesday said it cleared a hurdle with the Federal Trade Commission and has all the regulatory approvals needed for its proposed acquisition of CF Industries Holdings Inc.

The FTC granted all necessary approvals under the Hart-Scott-Rodino Antitrust Improvements Act, Agrium said. Read the rest of this entry »

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NAB acquired Aviva`s Australian life and pensions business and wealth management

AvivaAviva plc completed the sale of Aviva Australia Holdings Ltd, its Australian life and pensions business and wealth management platform (“Aviva Australia”), to National Australia Bank.

The deal is expected to reach A$925 million (£452 million), comprising A$825 million in cash, A$40 million representing a dividend received from Aviva Australia, and a forecast amount of A$60 million representing a net asset adjustment to be paid post completion. Read the rest of this entry »

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Rio Tinto sold its Jacobs Ranch coal mine to Arch Coal for $764 million

Jacobs RanchAustralian minning giant Rio Tinto has completed the sale of its Jacobs Ranch coal mine to Arch Coal, Inc. in a US$764 million deal, which differs from the original price of US$761 million due to slight adjustments in the closing working capital balance, company announced today. Read the rest of this entry »

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Fujitsu and Toshiba completed deal for the HDD Business

On April 30, 2009, Fujitsu and Toshiba announced the conclusion of a definitive agreement on the transfer of Fujitsu’s HDD Fujitsu HDDbusiness to Toshiba, based on an earlier memorandum of understanding. The companies announced today they have carried out all necessary procedures and completed the transfer. Read the rest of this entry »

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Advent International to buy Bulgarian bottling company Devin

Devin AD – leading bottling company and distributor of soft drinks in Bulgaria, announced today it was informed that on DevinSeptember 23 global equity investment fund Advent International agreed to buy approximately 75% of Devin capital from Soravia Group Austria.

The deal is subject of regulatory approvals, including one from Competition Protection Commission – Bulgaria`s competition watchdog. Following the approval Advent will announce a tender procedure for the remaining shares of Devin AD traded on the Bulgarian Stock Exchange. Read the rest of this entry »

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Walt Disney Co buys Marvel Entertainment Inc in a $ 4 billion deal

Walt Disney Co said on Monday it plans to buy Marvel Entertainment Inc for $4 billion in a deal that would add Spider mancharacters like Iron Man, Spider-Man, and the Fantastic Four to its entertainment empire.

The cash and stock deal values Marvel at $50 per share, or a premium of 29 percent to Marvel’s closing stock price of $38.65 on Friday. The deal has been approved by the boards of both companies, Reuters reported. Read the rest of this entry »

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