M&A News

The IT industry continues to produce a high level of M&A activity given the current climate, as US firm Gamestop, the world's largest videogame and entertainment software retailer,... 2008-10-02

Leading inter-dealer broker GFI Group has acquired a 49% stake in Argentina's Premium Securities, with the option to purchase the remaining 51% in blocks over the next few years.... 2008-10-02

Peruvian miner, Atacocha, which said in August that a block of its shareholders were looking to sell a majority stake in the company, announced on October 3 that it would allow PAF... 2008-10-02

Hewlett-Packard (HP) announced on October 1 that it will acquire LeftHand Networks, a leading provider of storage virtualisation and storage area network (SAN) solutions. HP, one... 2008-10-02

September 29 marked the deadline to submit bids for Albania's power distributor DSO. In June the government selected Italy's ENEL, the Czech Republic's CEZ and Austria's EVN and Energie... 2008-10-01

On October 1 US technology conglomerate SPX Corporation confirmed that it would sell its LDS Test & Management business to UK-based instrument and controls maker Spectris for... 2008-10-01

On September 25 mining firms Grange Resources and Australian Bulk Minerals (ABM) announced that they would merge in an AUD718mn (US$603mn) deal, in a bid to capitalise on the ever-increasing... 2008-10-01

Indonesia's leading food company, PT Indofood Sukses Makmur, is expanding its branded consumer products division via the acquisition of a 69% stake in dairy producer PT Indolakto.... 2008-10-01

Struggling home- and auto-lender GMAC Financial Services has confirmed that it will sell off part of its Residential Capital (ResCap) subsidiary to Canadian firm Brookfield Asset... 2008-10-01

On September 29 bankrupt securities firm Lehman Brothers confirmed that it will sell off much of its money management businesses, including the prestigious Neuberger Berman asset... 2008-10-01