M&A News

Corporate activity continues apace in the IT industry this week, as US giant Cisco announced that it will pay US$215mn for venture capital (VC) backed open-source start up firm PostPath.... 2008-09-01

Global inter-dealer broker (IDB) BGC Partners has expanded its global reach with the acquisition of Brazil's Liquidez. With offices in 16 countries, and only one of those in Latin... 2008-08-28

There was yet more activity in the pharmaceutical sector this week, when US specialty drug-maker Alpharma rejected a US$1.4bn takeover bid from compatriot firm King Pharmaceuticals,... 2008-08-28

UK contractor Serco's North American division has entered into a definitive agreement to acquire SI International. Virginia-based Serco North America will pay US$32 per share in cash... 2008-08-28

The Japanese overseas buying spree continues this week as electronics firm Ricoh acquires US office equipment distributor Ikon Office Solutions for US$1.62bn. Ricoh is one of the... 2008-08-28

Credit Suisse's alternative investments business continued its expansion with the acquisition of an 80% stake in Asset Management Finance Corporation (AMF) on August 26. The bank... 2008-08-28

US major ConocoPhillips has agreed the sale of its remaining US service station network to PetroSun Fuel in a deal worth around US$800mn. The move, which follows similar divestments... 2008-08-28

Private real estate firm The Kolter Group said on August 26 that it had signed an agreement with a unit of leading alternative-asset hedge fund Och-Ziff Capital Management Group to... 2008-08-27

Shares in leading Canadian IT infrastructure firm Q9 Networks skyrocketed on August 26 after the Toronto firm announced its acquisition by US private equity firm ABRY Partners for... 2008-08-27

The Saudi Capital Market Authority (CMA) announced on August 25 that France's BNP Paribas has purchased a 25% stake in SAIB Asset Management, an affiliate of Saudi Investment Bank.... 2008-08-27