je.st
news
Tag: buy
Infinera to buy Transmode for USD 350 mln
2015-04-09 08:50:00| Telecompaper Headlines
(Telecompaper) Infinera announced an agreed offer to acquire Transmode for USD 350 million. Sweden-based Transmode offers a range of metro core, edge and access equipment that will allow Infinera to address the entire end-to-end WDM market and to capitalize on the growth in 100G metro aggregation deployments. Transmode's products cover application specific features including broadband aggregation, mobile backhaul and fronthaul along with business Ethernet MEF certifications. Transmode is positioned primarily in metro applications in Europe, while Infinera is mainly active in long-haul and metro cloud, particularly in North America. Transmode shareholders will receive SEK 300 cash and 4.705 Infinera shares for every 10 shares of Transmode held, valuing the company at SEK 109 per share. This is a 46 percent premium on Transmode's average share price in the past six months. Infinera will pay a total USD 99 million cash and issue 13 million new shares. Transmode shareholders will own 8.7 percent of the combined company. Transmode's board supports the bid and its largest shareholder Pod with 33 percent of shares also agreed to tender its stake. The takeover is expected to close in the third quarter.
Shell seeking to buy BG in first oil super-merger in over a decade
2015-04-09 02:35:30| Oil & Gas - Topix.net
The collapse in global oil prices has sparked much speculation about mergers in the industry and BG has often been cited as a potential target. An agreement would mark the biggest announced deal globally this year.
Shell to buy BG in A 47 billion deal
2015-04-08 22:25:50| Oil & Gas - Topix.net
Shell has agreed to buy BG Group for A 47 billion, in what is the first oil super merger in a decade. Kirsty Basset looks at why the M&A route is an attractive option.
Harvest Hill Beverage Co seals American Beverage Corp buy
2015-04-08 16:04:00| Daily beverage news and comment - from just-drinks.com
Harvest Hill Beverage Co has completed its US$55m purchase of American Beverage Corp (ABC), owner of the Little Hug fruit juice range.
Shell Will Buy BG Group for $70 Billion in Cash and Shares
2015-04-08 14:11:28| Oil & Gas - Topix.net
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Royal Dutch Shell Plc agreed to buy BG Group Plc for about 47 billion pounds in cash and shares, the oil and gas industry's biggest deal in at least a decade.
Sites : [658] [659] [660] [661] [662] [663] [664] [665] [666] [667] [668] [669] [670] [671] [672] [673] [674] [675] [676] [677] next »