Bids, Mergers & Takeovers

• 02/09/10 | Xstrata Zinc withdraws from bid talks

  Xstrata Zinc has withdrawn from acquisition talks with Noranda Income Fund following disagreement over the price offered. CEO Santiago Zaldumbide, comments: "Our proposal was based on our ability ... read more

• 01/09/10 | Chemring completes Mecar acquisition

  Chemring Group has completed its acquisition of Mecar SPRL in Nivelles, Belgium and the business and assets of Mecar USA in Marshall, Texas. Chemring says this followed receipt of the necessary ... read more

• 01/09/10 | F&C Asset Management completes Thames River deal

  F&C Asset Management has completed its acquisition of Thames River Capital group. F&C has also acquired through Thames River Capital (UK) a 10% increase in the management fee profits of the global ... read more

• 26/08/10 | Arriva listing ceases on 31 August

  Following the acquisition by DB UK Holding, a subsidiary of Deutsche Bahn, trading in Arriva shares will be cancelled with effect from 31 August 2010. Arriva shareholders will receive 775p per share ... read more

• 26/08/10 | DS Smith proceeds with Otor acquisition

  DS Smith shareholders have approved the acquisition of 94.75% of the share capital of Otor S.A. held by The Carlyle Group as well as shares held by management. The Board expects the acquisition to ... read more

• 26/08/10 | G4S takes 51% of Plantech

  Story provided by StockMarketWire.com ... read more

• 25/08/10 | Compass agrees £64m deal for VSG Group

  Compass Group has agreed to acquire VSG Group - one of the UK's leading security services providers - from Lloyds Development Capital and management for £64m on a debt-free basis. VSG had revenues ... read more

• 24/08/10 | KNOC stands firm on Dana 1800p bid price

  The Korea National Oil Corporation (KNOC) has denied press reports that it plans to increase the 1800p price offered for Dana Petroleum on 20 August 2010. Story provided by StockMarketWire.com ... read more

• 24/08/10 | Capita takes over National Dental Plan

  The Capita Group has taken over the National Dental Plan group of companies for £30m on a cash-free, debt-free basis. NDP is one of the largest providers of corporate dental plans in the UK. It ... read more

• 24/08/10 | Capita acquires National Dental Plan

  Story provided by StockMarketWire.com ... read more

• 23/08/10 | HSBC in talks with Old Mutual over Nedbank

  HSBC Holdings has entered into exclusive talks with Old Mutual about the possible acquisition of a majority stake in South Africa banking group Nedbank. HSBC says the discussions are ongoing and if ... read more

• 23/08/10 | HSBC in talks with Old Mutual over Nedbank

  Story provided by StockMarketWire.com ... read more

• 20/08/10 | Acquisition in Congo

  Eurasian Natural Resources Corporation has purchased through a subsidiary 50.5% of the outstanding shares in Camrose Resources Ltd. for $175m. Camrose's assets are high quality copper and cobalt ... read more

• 20/08/10 | Koreans firm Dana bid

  KNOC today announced the terms of a cash offer of £1.87bn to be made for the entire issued and to be issued ordinary share capital of Dana Petroleum. The Offers together value the entire issued ... read more

• 19/08/10 | NTT gets EC antitrust clearance for Dimension Data deal

  Nippon Telegraph & Telephone Corp and Dimension Data have obtained antitrust clearance from the European Commission in connection with NTT's recommended cash offer for the IT company. They have also ... read more

• 18/08/10 | BHP Billiton launches $40bn hostile bid for PotashCorp

  BHP Billiton has launched a $40bn hostile bid for Potash Corporation of Saskatchewan. The move comes after an earlier approach was rejected. BHP Billiton says its offer price of US$130 in cash per ... read more

• 17/08/10 | Compass Group takes over Tirumala Hospitality Services

  Compass Group has acquired Tirumala Hospitality Services from Ramkrishna Mankari and his family. THS is a strong regional player in the food service industry in western India, specialising in the ... read more

• 17/08/10 | Compass Group takes over Tirumala Hospitality Services

  Story provided by StockMarketWire.com ... read more

• 16/08/10 | Aviva rejects bid from RSA

  Aviva has turned down a £5bn approach from RSA to acquire the general insurance businesses in the UK, Ireland and Canada - excluding RAC and Health. The proposal would have left the pension ... read more

• 16/08/10 | Vedanta Group acquires majority stake in Cairn India

  Vedanta Group said it is to acquire 51% to 60% of Cairn India for an aggregate consideration of around $8.5bn-$9.6bn in cash. It is expected that Vedanta Resources will hold 31%-40% directly and Sesa ... read more