M&A News

US petrochemical giant Dow Chemical took a major blow on December 29, when Kuwait confirmed that it's state-controlled oil company Kuwait Petroleum was pulling out of the two companies... 2008-12-30

US retail giant Wal-Mart has announced a US$2.8bn all-cash offer for Distribución y Servicio (D&S), Chile's largest supermarket chain, in a move that would mark Wal-Mart's first... 2008-12-29

TARP-backed M&A continues in the US banking sector, and on December 19 commercial lender M&T Bank Corporation confirmed that would acquire Provident Bankshares of Baltimore... 2008-12-29

On December 19 San Diego-based Solera Holdings, a group of leading automotive claims solutions companies and a provider of software and services to the auto insurance industry, confirmed... 2008-12-29

On December 16 Agropur, Canada's largest dairy co-operative, confirmed that it had agreed to acquire Minnesota-based milk-processing company Schroeder Milk in a bid to expand its... 2008-12-29

There has not been an abundance of private equity technology buyouts of late, to say the least, but on December 29 Israeli-based electronic tagging specialists Dmatek confirmed that... 2008-12-29

December 16 saw a rare defeat for 'the sage of Omaha' when US giant Constellation Energy agreed to French state-owned utilities giant Electricite de France's (EDF) acquisition proposal,... 2008-12-19

On December 12 US casino operator MGM Mirage confirmed that it would sell its Treasure Island Hotel & Casino to US billionaire Phil Ruffin and Ruffin Acquisition for US$775mn,... 2008-12-17

Beleaguered US insurance giant American International Group (AIG) said on December 16 that it had sold US$39.3bn worth if its assets into the fund established by the Federal Reserve... 2008-12-17

Despite the need to capital raise itself, Mitsubishi UFJ Financial Group (MUFJ) entered into an agreement on December 16 to purchase Citigroup's Japanese trust banking unit, NikkoCiti... 2008-12-17