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Private Equity Firms to Buy Payment Processor Concardis, EasyJet Traffic Rises

Sarla Buch
06 Jan, 2017
New York City

Private equity firms are close to acquiring Germany-based payment service provider Concardis for

Cato, L Brands, Macy's December Sales Fall; Walgreens Net Declines

Mukesh Buch
05 Jan, 2017
New York City

Boeing wins orders of 80 737 long range aircrafts worth $8.8 billion. Constellation Brands net surged 50%. Cato December same-store sales declined 12%. Gartner agreed to buy CEB for $3.3 billion. L Brands comparable sales slid. Macy''s comparable sales fell 2.1%. Walgreens net dropped.

Air Liquide Buys Serdex from Bayer; Churchill China, Persimmon Jump

Sarla Buch
05 Jan, 2017
New York City

Air Liquide agreed to acquire beauty and healthcare ingredients maker Serdex from Bayer. U.K. based home builder Persimmon said revenues in the year soared 8% to

Ford, GM December Sales Jump; Alcoa Writes Downs Assets

Mukesh Buch
04 Jan, 2017
New York City

Alcoa estimated $121 million restructuring charges linked international operations. DCP Midstream Partners acquired assets of Phillips 66 and Spectra Energy. Ford reported record annual sales in a decade and GM sales increased 3.6% in December.

Intesa Arranges $5.4 B for Glencore Deal, Next Tumbles 12%

Sarla Buch
04 Jan, 2017
New York City

Intesa Sanpaolo finalized up to

Autoliv and Volvo in Driver Assist Software Deal, SM Sells Eagle Ford Assets

Mukesh Buch
03 Jan, 2017
New York City

Autoliv and Volvo signed a deal to develop software for driver assistance systems. Delek agreed to buy Alon USA Energy for $868 million. Intel plans to acquire Germany-based digital map maker. SM Energy agreed to sell Eagle Ford shale energy assets for $800 million.

BBA and Gama in Aviation Deal, LSE to Sell Derivative Unit

Sarla Buch
03 Jan, 2017
New York City

BBA Aviation plans to merge its U.S. aircraft management and charter business with Gama Aviation. Dassault Aviation reduced its share capital by 9.6%. LSE agreed to sell its derivative unit to the Euronext for

Iran Ramps Up Aircraft Purchases, Axa Sells Bluefin to Marsh

Sarla Buch
02 Jan, 2017
New York City

Airbus and Iran are expected to sign a contract next week for 20 ATR 72-600 short-haul passenger plane. AXA completed the sale of Bluefin at a much reduced price than originally estimated for

Fairfax Wins Approval to Buy Indian Lender, Iconix Sells Sharper Image

Mukesh Buch
30 Dec, 2016
New York City

Fairfax Financial received preliminary regulatory approval to buy a 51% stake in South India based Catholic Syrian Bank. General Cable agreed to pay U.S. penalty for bribing foreign officials. Iconix Brand agreed to sell the home electronics retailer Sharper Image for $100 million.

Indexes in U.K. and Europe Surge in Final Quarter and in 2016

Sarla Buch
30 Dec, 2016
New York City

Despite Brexit fears, indexes in the U.K. and Europe surged in the quarter and extended the halted rally in the year. Hammerson agreed to sell 50% stake in Watermark to its Singapore-based partner GIC. ICAP completed the sale of its global hybrid broking business to Tullett Prebon for

Petrobras Sells Ethanol Stake to Tereos, Bovis Lifted Outlook

Sarla Buch
29 Dec, 2016
New York City

Bovis Homes lifted fiscal year operating profit forecast. Gategroup agreed to acquire Servair from Air France KLM. Petrobras sell its stake in sugar and ethanol producer Guarani for $202 million.

Abbott Won St. Jude Deal Approval, Qualcomm Fined $854 M in S. Korea Probe

Mukesh Buch
28 Dec, 2016
New York City

Abbott received the antitrust approval for its acquisition of St. Jude Medical. Qualcomm was fined by South Korean antitrust regulator for $854 million. Delta Air canceled the order worth about $4 billion for 18 Boeing 787 Dreamliners. Tatts rejected takeover offer from KKR.

BP in $1.3 B Deal with Woolworths, Loxam Raises Lavendon Offer

Sarla Buch
28 Dec, 2016
New York City

Elliott Capital increased its stake to 19% in the U.K.-based Alliance Trust. BP agreed to acquire gasoline stations from Australia-based Woolworths for $1.3 billion. Loxam raised its offer for the U.K.-based Lavendon Group Plc to

Toshiba Plunges 11% on Write Downs, Panasonic to Invest in Tesla Facility

Mukesh Buch
27 Dec, 2016
New York City

Alden Global acquired 24.8% stake in discount retailer Fred''s. Toshiba is expected to write down in billions of dollars linked to the purchase of U.S. nuclear power plants by its Westinghouse division. Tesla said Panasonic will invest $256 million in its New York production facility.

ECB Sets Strict Deadline for Paschi Capital Plan, Casino Guichard to Buy Cnova

Sarla Buch
27 Dec, 2016
New York City

The European Central Bank rejected plea for three-week extension to meet the capital shortfall to Banca Monte dei Paschi. Sports Direct sell its sportswear brand Dunlop for

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