M&A News

Almost a month after CFW reported on the planned acquisition of Longs Drug Stores by CVS Caremark, another major US drugstore is trying to muscle its way into the deal. Walgreen made... 2008-09-18

Spain's Telefónica has acquired the remaining 55.1% stake that it did not already hold in its Chilean telecoms unit, Telefónica Chile (CTC). Telefónica acquired series A shares... 2008-09-17

On September 14 Dubai Group announced that it has become a founding shareholder in Mazaya Saudi. The group purchased a 20% stake in the Saudi Arabia-based real estate developer via... 2008-09-17

It's not only Saudi Arabia's real estate sector that is attracting attention, Egypt's EFG-Hermes announced on September 16 that it bought a stake in the UAE's Gulf Housing Solutions... 2008-09-17

Business intelligence services and ETL specialist company Alvion Ukraine has been acquired by SoftServe, an independent multinational software development and consulting company.... 2008-09-17

Impala Platinum, South Africa's second-largest platinum producer, has entered into talks with industry peers Mvelaphanda Resources (Mvela) and Northam Platinum, it was announced on... 2008-09-17

On September 16, Japan's Nidec Corporation, the world's largest manufacturer of small- and mid-sized brushless motors, offered to pay up to US$283mn for Toyo Denki Seizo, a Japanese... 2008-09-16

Banco do Brasil (BdB), the largest federally-controlled lender in Brazil and the countries largest bank by assets, has agreed to buy Banco do Estada de Santa Catarina (BESC) and its... 2008-09-15

On September 15, US railroad equipment maker Wabtec said that it had signed a definitive agreement to acquire privately held rail equipment supplier Standard Car Truck for around... 2008-09-15

In the latest instance of consolidation in the financial services industry, US hedge fund Fairfield Greenwich Group has announced that it will merge with Swiss private bank Banque... 2008-09-11