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Acquisition News

Diageo doubles bid for India's United Spirits, shares surge

London - Diageo launched on Tuesday a new $1.9-billion offer to take control of Indian whisky maker United Spirits as the British drinks giant chases expansion in emerging markets.The doubled offer worth 1.
In the Media by Roland Jackson (AFP)

IBM buys Internet marketing firm Silverpop

San Francisco - IBM on Thursday announced that it is buying Internet marketing firm Silverpop to enhance its portfolio of services for businesses out to target potential customers.
In the Media by AFP

Twitter buys Android lock-screen startup Cover

San Francisco - A young startup specializing in Android smartphone lock screens that anticipate what "app" a user might want at any give moment said Monday it has been bought by Twitter.
In the Media by AFP

Indian drug maker Sun to buy troubled peer Ranbaxy for $4.0 bln

New Delhi - Top Indian drug giant Sun Pharmaceutical Industries said Monday it had agreed to buy its troubled peer Ranbaxy for $4.0 billion in stock, ending its ill-fated six-year control by Japan's Daiichi Sankyo.
In the Media by AFP

Alibaba founder Jack Ma buys into Chinese software firm

- Jack Ma, the billionaire founder of Chinese e-commerce giant Alibaba, is to pay $531 million for a stake in a domestic software developer for the financial industry, a statement said.
In the Media by AFP

Carlsberg enters Czech Republic with Zatec acquisition

Copenhagen - Danish brewer Carlsberg said on Thursday it had acquired Czech producer Zatec, a transaction which will allow it to set foot in the world's first beer market per capita.
In the Media by AFP

Intel buys fitness-tracking band maker Basis

San Francisco - Intel announced it has bought fitness-tracking band maker Basis Science as part of a move into the hot wearable computing market.The California-based chip maker on Tuesday did not disclose how much it paid for Basis, which makes a strap-on wrist band t...
In the Media by AFP

Nokia says handset sale to Microsoft delayed to April

Helsinki - Finnish telecom company Nokia on Monday said the sale of its handset business to US technology giant Microsoft would be delayed by a few weeks until April 2014.Nokia said that it continued to make progress with Microsoft in the closing conditions and t...
In the Media by AFP

Vermilion to acquire Saskatchewan oil lands for C$400 million

Vermilion Energy Inc <VET.TO>, a Canadian oil and gas producer, said on Tuesday it has agreed to acquire an unnamed private oil company for shares, cash and debt worth C$400 million ($360.8 million) to add new product...
In the Media by Reuters

Lockheed buys German commercial airport services firm

Lockheed Martin Corp <LMT.N>, the No. 1 U.S. arms maker, on Tuesday said it had acquired BEONTRA AG, a small German company that provides forecasting services for big commercial airports around the world, including Dubai, London and Frankfurt.
In the Media by Reuters
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