Mergers & Acquisitions
Topics also related to M&A;:
UPDATE 2-Canada's Teachers' to buy majority stake in Helly Hansen
* Fund to buy stake from Nordic private equity firm Altor
TEXT-S&P; rates Waupaca Foundry 'B+' on LBO
Overview -- Waupaca Foundry Inc., an iron casting company serving the light vehicle, commercial vehicle, off-highway, and industrial sectors, has been acquired by KPS Capital Partners L.P. from ThyssenKrupp Budd Co. in a leveraged buyout. -- The acquisition financing includes a $260 million term loan B and a partly drawn $225 million ABL revolving credit facility (unrated), along with sponsor equity. -- We are assigning our 'B+' corporate credit rating to Waupaca Foundry Inc
Deals of the day -- mergers and acquisitions
July 13 - The following bids, mergers, acquisitions and disposals involving European, U.S., Canadian and Asian companies were reported by 2000 GMT on Friday:
Areva sells La Mancha stake for C$315 mln
PARIS, July 13 - French nuclear reactor maker Areva said it expects to earn C$315 million from selling its stake in Canadian gold producer La Mancha Resources to Weather II Investments, a business managed by Egyptian entrepreneur Naguib Sawiris.
UPDATE 1-Wilbur Ross raises $2.2 billion for fifth fund
July 13 - Wilbur Ross has raised $2.2 billion for his latest private equity fund, which invests in and restructures financially distressed companies, the billionaire investor said on Friday, ending a challenging two-year fundraising process.
Wilbur Ross raises $2.2 billion for fifth fund
July 13 - Wilbur Ross has raised $2.2 billion for his latest private equity fund, which invests in and restructures financially distressed companies, the billionaire investor said on Friday.
UPDATE 1-Zebra Technologies acquires wristband maker LaserBand
July 13 - Zebra Technologies Corp, which helps organizations keep track of assets and people, said it acquired privately held LaserBand LLC, a maker of patient identification wristbands and related products, strengthening its position in the healthcare industry.
UPDATE 1-EU set to okay Cisco's $5 bln NDS deal - source
BRUSSELS, July 13 - U.S. network equipment maker Cisco is expected to gain unconditional EU approval for its $5 billion purchase of TV software developer NDS after regulators indicated the deal would not pose any serious competition concerns, a person familiar with the matter said on Friday.
EU Commission set to approve Cisco's NDS takeover
BRUSSELS, July 13 - U.S. network equipment maker Cisco is expected to gain unconditional EU approval for its $5 billion buy of TV software developer NDS after regulators indicated the deal would not pose any serious competition concerns, a person familiar with the matter said on Friday.
UPDATE 1-Buffett not confident of major deal by year-end
July 13 - Berkshire Hathaway would still like to make a major acquisition this year but the prospects for a deal are starting to look less likely, Chief Executive Warren Buffett said on Friday.
- Finance: Buffett not confident of major deal by year's end
- Technology: UPDATE 1-Bain, Singapore GIC in talks for Genpact stake bid-sources
- Healthcare: UPDATE 2-Icahn issues new warning to board of Forest Labs
- Consumer: PT-UPDATE 1-Peugeot sinks on fears cutbacks not enough
- Energy: UPDATE 3-Tinkler-led group offers $5.3 bln for Australia's Whitehaven
- Industrials: RPT-UPDATE 1-NC panel calls Progress's Johnson to testify on Duke CEO shakeup
- Visa, MasterCard, banks in $7.25 billion retail settlement
- Barclays flagged Libor problems to Fed in 2007
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- U.S. investigates whether JPMorgan traders hid losses
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- Zimmerman seeks new judge in murder trial
- Fed's Lacker: Libor scandal hurting confidence
- With ego too big to fail, Iowa broker admits 20-year fraud
- Consumers gloomier on jobs, finances
- First-term House Republicans urge action on Russia trade
- World outrage at Syria "massacre", but no action
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- Former immigration intelligence chief jailed for fraud
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