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Canadian Buyout Seen Saving BlackBerry From Nortel Fate

2013-08-13 19:07:30| Telecom - Topix.net

BlackBerry Ltd.'s decision to consider takeover offers is fueling speculation that investors could band together to keep the company in Canadian hands, avoiding the national embarrassment that followed Nortel Networks Corp.'s failure four years ago.

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Steinway receives new buyout offer

2013-08-12 22:52:53| BBC News | Business | UK Edition

Steinway Music Instruments receives a new takeover offer valuing the company at $477m, beating a previous offer from Kohlberg & Co.

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Nokia Siemens Networks renamed NSN after Nokia buy-out

2013-08-07 14:18:00| Telecompaper Headlines

(Telecompaper) Nokia has completed the acquisition of Siemens' stake in Nokia Siemens Networks and renamed the company Nokia Solutions and Networks, or NSN for short. Nokia announced in early July the agreement to buy out Siemens' 50 percent share in the network equipment maker for EUR 1.7 billion. Rajeev Suri continues as CEO and Jesper Ovesen as Executive Chairman of the NSN Board of Directors, and the Siemens-appointed directors have resigned from the board. Suri said the company's overall strategy and focus on mobile broadband remains the same, and customers will see no difference to service after the change in ownership.

Tags: networks nokia siemens renamed

 

US: Men's Wearhouse completes Joseph Abboud buyout

2013-08-07 13:38:00| Daily apparel & textile news and comment - from just-style.com

California-based apparel retailer The Men's Wearhouse has completed its acquisition of the parent company of the Joseph Abboud clothing brand for US$97.5m.

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Block buyout of Smithfield Foods by Chinese firm

2013-08-03 15:52:27| Food - Topix.net

A Smithfield ham at a grocery store in Richardson, Texas. Chinese meat processor Shuanghui International Holdings Ltd. agreed Wednesday, May 29, 2013, to buy Smithfield Foods Inc. for approximately $4.72 billion in a deal that will take the world's biggest pork producer private.

Tags: firm chinese block foods

 

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