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Fridman-Led Takeover Bid for Vodka Maker CEDC Withdrawn

2013-03-28 23:02:41| Beverages - Topix.net

A consortium that was competing with Russian billionaire Roustam Tariko for control of Polish vodka producer Central European Distribution Corp.

Tags: bid maker withdrawn vodka

 

Bondholders unlikely to derail Brazil's Grupo Rede takeover plan

2013-03-26 19:47:11| Telecom - Topix.net

Opposition from foreign bondholders is unlikely to stop the takeover of Brazilian power holding company Grupo Rede Energia SA by two rivals, several sources with direct knowledge of the situation told Reuters.

Tags: plan grupo takeover derail

 
 

Oracle expands in telecoms market with Tekelec takeover

2013-03-25 16:13:00| Telecompaper Headlines

(Telecompaper) Oracle is expanding further in the telecoms market with the acquisition of Tekelec for an undisclosed amount. Oracle already offers a range of OSS/BSS platforms for telecom operators, and last month it announced an agreement to take over SBC provider Acme Packet for USD 1.7 billion. It's now buying Tekelec to add network signaling, policy control and subscriber data management systems to its portfolio. Tekelec counts over 300 service providers in over 100 countries as customers. The US-based company's management and over 1,000 employees are expected to move to Oracle after the deal closes. Further details of the takeover were not disclosed.

Tags: market oracle expands telecoms

 

Dell board weighs competing takeover offers, report says

2013-03-25 00:10:21| CNET News.com

Things have gotten complicated for the PC maker with a pair of last-minute preliminary proposals, one from asset management firm Blackstone Group and the other from activist investor Carl Icahn. [Read more]

Tags: report board offers dell

 

Shares in takeover target Billabong hit record low, halted

2013-03-21 19:27:44| Apparel - Topix.net

Billabong, which has been struggling with big losses, has been in talks with two takeover suitors - private equity firm Altamont Capital Partners, led by Billabong's former U.S. boss Paul Naude, and clothing group VF Corp .

Tags: low record hit target

 

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