M&A News

Denver-based Forest Oil has entered into a definitive agreement with Cordillera Texas to acquire around 118,000 gross acres of producing assets. The acquisition, valued at US$892mn,... 2008-08-21

The fall-out continues, as Texas-based private equity group Lone Star Funds takes a 90.8% stake in distressed German lender IKB Deutsche Industriebank (IKB), the country's first fatality... 2008-08-21

California-based Fisher Investments announced on August 18 the acquisition of Lighthouse Capital Management as part of its continued growth strategy. Fisher, which was formed in 1979,... 2008-08-21

Technology-focused US private firm Silver Lake is reportedly ready to pay at least US$2.59bn for Norwegian video-conferencing firm Tandberg, but rivals could be waiting in the wings.... 2008-08-21

There was yet more activity in the electronics industry on August 15, when market-leader Vishay Intertechnology made a US$1.6bn cash offer for US technology firm International Rectifier... 2008-08-19

Food service equipment firm Middleby said on August 12 that it had agreed to buy TurboChef Technologies for US$196mn in stock and cash. Based on closing prices as of August 11, the... 2008-08-14

US mortgage insurer PMI Group has agreed to sell its Australian subsidiary and holding company to QBE Insurance Group. QBE, Australia's largest insurance and reinsurance group, will... 2008-08-14

Yet more activity in the pharmaceutical industry, as US giant CVS Caremark agrees to pay US$2.9bn for Longs Drug Stores, in a bid to penetrate the lucrative West coast market. The... 2008-08-14

Canada's Agrium, a major retail supplier of agricultural products and services, has sold its Egyptian project, EAgrium, to Egypt's MISR Oil Processing Company (MOPCO). The approval... 2008-08-14

The acquisition by IGM Financial, Canada's largest manager and distributor of mutual funds and other asset products, of Saxon Financial was announced on August 5. IGM has agreed to... 2008-08-07