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Telenor in talks to acquire Videocon majority stake - report

2015-05-07 14:22:00| Telecompaper Headlines

(Telecompaper) Telenor, the parent company of Indian operator Uninor, is in talks to acquire a majority stake in Videocon Telecom, The Economic Times reports, citing an unnamed person familiar with the matter. Videocon has an INR 5 billion liability towards the government. "A combination is a win-win for both. Videocon wants to exit the business and Uninor needs to expand in the market to stay relevant", the source said.

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TransDigm to Acquire the Aerospace Business of Pexco LLC

2015-05-06 12:31:07| Industrial Newsroom - All News for Today

CLEVELAND  TransDigm Group Incorporated (NYSE: TDG), announced today that it has entered into a definitive agreement to acquire the assets of the aerospace business of Pexco LLC ("Pexco Aerospace"), a portfolio company of Odyssey Investment Partners, LLC, for approximately $496 million in cash. The purchase price...

Tags: business llc acquire aerospace

 
 

Chinese group agrees to acquire OmniVision for USD 1.9 bln

2015-05-01 11:20:00| Telecompaper Headlines

(Telecompaper) Advanced digital imaging services developer OmniVision Technologies has agreed to an increased USD 1.9 billion bid for its business from a consortium of Chinese investors. Beijing private-equity firm Hua Capital Management joined forces with other Chinese investors to offer USD 29.75 a share in cash for the company, around 12 percent more than the stock's current value. The deal is expected to close in 2016, leading to OmniVision. However, reports have suggested it may be blocked by US regulators concerned about Chinese investors acquiring Silicon Valley tech companies. OmniVision makes sensors, chips and other components for cameras used in smartphones and reported sales of USD 1.42 billion in 2014. Breakdowns of Apple products have revealed that OmniVision's components have been used in iPhones in the past.

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TransDigm to Acquire the Aerospace Business of Pexco LLC

2015-05-01 03:30:41| Logistics - Topix.net

TransDigm Group Incorporated , announced today that it has entered into a definitive agreement to acquire the assets of the aerospace business of Pexco LLC , a portfolio company of Odyssey Investment Partners, LLC, for approximately $496 million in cash. The purchase price includes approximately $160 million of tax benefits to be realized by TransDigm over a 15 year period beginning in 2015.

Tags: business llc acquire aerospace

 

Yangzijiang Shipbuilding in talks to acquire China Huarong Energy

2015-05-01 01:00:00| Ship Technology

Chinese firm Yangzijiang Shipbuilding is reportedly engaged in talks to acquire China Huarong Energy, which was formerly known as China Rongsheng.

Tags: china energy talks acquire

 

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