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Aurobindo Pharma set to acquire US nutritional supplements maker Natrol for $133
2014-11-12 11:23:44| Biotech - Topix.net
Aurobindo says the deal with Natrol, which sells vitamins and supplements as well as diet and weight management products, will help the company expand its OTC business in the US. Aurobindo Pharma is all set to acquire troubled US-based nutritional supplement maker, Natrol Inc for USD 132.5 million after emerging as the highest bidder for acquisition.
Tags: set
maker
acquire
supplements
Colt to acquire KVH for JPY 18.6 bln
2014-11-12 09:27:00| Telecompaper Headlines
(Telecompaper) European carrier Colt has agreed to buy Asian information delivery platform KVH for JPY 18.6 billion, or around EUR 130.0 million. The deal will be funded by existing Colt cash at hand and committed bank facilities. Colt said the deal will provide it with scale and complementary capability in key Asian cities, namely Tokyo, Singapore, Hong Kong and Seoul, and give a platform for the company to enter the APAC ICT services market, which is growing at around 12 percent per year. The transaction will also enhance Colt's competitive position in serving multi-national customers (MNCs) and so provide attractive opportunities for growth. Colt expects the acquisition to deliver annual cost and capex synergies of EUR 8.5 million by 2017 and contribute to earnings and cash flow from 2016. KVH is fully owned by FMR, FIL and their associates. FMR, FIL and certain of their associaties are also shareholders of Colt. The deal therefore constitutes a related party transaction which is subject to the approval of independent shareholders. Colt will therefore hold an AGM on 16 December in order to seek approval.
Yahoo to acquire video ad platform BrightRoll
2014-11-12 09:06:00| Telecompaper Headlines
(Telecompaper) Yahoo has agreed to acquire BrightRoll, a programmatic video advertising platform, for around USD 640 million in cash. The deal will combine Yahoo's premium desktop and mobile video advertising inventory with BrightRoll's programmatic video platform and publisher relationships. The transaction is subject to the usual regulatory conditions. Yahoo expects the buy to add to EBITDA. Brightroll is forecast to record over USD 100 million in revenues this year. The acquisition is in line with Yahoo's strategy of focusing on search, communications and digital content through growth in mobile, social, native and video advertising. BrightRoll aggregates high-quality publishers together into a unified network and uses programmatic advertising and aggregation to allow real-time buying on the largest set of online video advertising inventory available. BrightRoll's said its approach benefits advertisers and publishers as well as consumers, through better quality, more relevant advertisements. The company, based in San Francisco, provides services for many of the largest brands and agencies, including 87 of the AdAge Top 100 US advertisers.
Tags: video
yahoo
platform
acquire
Mondelez International to acquire 80% stake in Kinh Do Corporation
2014-11-11 01:00:00| Food Processing Technology
Mondelez International will acquire 80% stake in Vietnams Kinh Do Corporations snacks business for $370m.
Tags: international
corporation
acquire
stake
Cable & Wireless to Acquire the Columbus Undersea Cable Network
2014-11-10 07:58:12| IT Services - Topix.net
Cable & Wireless Communications Plc agreed to acquire Columbus International for approximately US$1.85 billion. The deal creates a strengthen telecom player in Central America and the Caribbean.
Tags: network
wireless
cable
columbus
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