M&A Navigator: Deal pipeline - 16 November.
MANews-(C)2009-2011
The following is a list of deals covered in detail by M&A Navigator this week:
- PLAINS ALL AMERICAN PIPELINE RENEWS TAKEOVER PROPOSAL FOR SEMGROUP CORP
US oil and gas transportation company Plains All American Pipeline LP (NYSE:PAA) said in a letter to the board of its takeover target SemGroup Corp (NYSE:SEMG) that its USD24 (EUR17.75) per share proposal was still on the table.
Status: Bidding
- SCHWAB FINALISES COMPLIANCE11 ACQUISITION
US securities broker Charles Schwab Corp (NYSE:SCHW) said it had concluded its previously announced takeover of compliance software provider Compliance11 Inc.
Status: Closed
- CONOCOPHILLIPS TO SELL STAKES IN PIPELINE FIRMS FOR USD2BN
ConocoPhillips (NYSE:COP) said it will sell its stakes in two pipeline companies for a combined USD2bn (EUR1.5bn) as part of its ongoing plans to generate shareholder value.
Status: Agreed
- US APTARGROUP PAYS USD3.2M FOR 20% IN UK'S OVAL MEDICAL
US dispensing systems supplier AptarGroup Inc (NYSE:ATR) has bought a 20% stake in British injectable drug delivery devices firm Oval Medical Technologies Ltd for nearly USD3.2m (EUR2.4m).
Status: Closed
- WEBXU TAKES OVER ONLINE MARKETING FIRM LOT6 MEDIA
US-based media company Webxu Inc (OTCBB:WBXU) unveiled the takeover of online marketing firm Lot6 Media Inc as part of its overall growth strategy.
Status: Closed
- MANTECH WRAPS UP USD90M BUY OF WINS
US aerospace and defence group ManTech International Corp (NASDAQ:MANT) said it had finalised its USD90m (EUR66.8m) cash takeover of IT solutions company Worldwide Information Network Systems Inc (WINS).
Status: Closed
- PROVIDENCE EQUITY TARGETS CANADA'S MLSE
US buyout firm Providence Equity Partners LLC is seeking to acquire the owner of Torontoâ[euro](tm)s basketball and hockey teams, Maple Leaf Sports & Entertainment Ltd (MLSE).
Status: Talks
- TRADESTATION ANNOUNCES BUY OF IBFX HOLDINGS
US trading technology company TradeStation Group Inc (TSG) said it had taken over online forex trading services provider IBFX Holdings LLC, without providing financial details.
Status: Closed
- RISSIAN VTB BANK, VLADIMIR LISIN MAY BID FOR EUROPEAN MEDIA GROUP
Russian state-owned VTB Bank OAO (LON:VTBR) and businessman Vladimir Lisin may take part in the bidding for European Media Group (EMG) sold by French media group Lagardere SCA (EPA:MMB).
Status: Bidding
- EBIX TAKES OVER ONLINE HEALTH EXCHANGE HEALTHCONNECT
US-based Ebix (NASDAQ:EBIX), a supplier of e-commerce services to the insurance sector, said it had taken over Connecticut-based online health exchange HealthConnect Systems Inc.
Status: Closed
- SOITEC ANNOUNCES US JV WITH REFLEXITE ENERGY SOLUTIONS
French semiconductor materials specialist Soitec (EPA:SOI) said it would create a California-based joint venture together with US micro-structured optical components supplier Reflexite Energy Solutions Inc.
Status: Agreed
- UK TRIFAST AGREES TO BUY MALAYSIAN PSEP FOR USD23M
British industrial fastenings maker Trifast plc (LON:TRI) said it had agreed to fully acquire Malaysian sector player Power Steel and Electro-plating Works Sdn Bhd (PSEP) for MYR73.6m (USD23.2m/EUR17.3m).
Status: Agreed
- NUTRECO TO SELL HENDRIX BUSINESS TO FORFARMERS
Dutch animal nutrition group Nutreco (AMS:NUO) said it had agreed to sell its compound feed unit Hendrix to organic feeds company ForFarmers for EUR92.5m (USD125m).
Status: Agreed
- FRESENIUS INTENDS TO BUY 3.5M FMC SHARES
German healthcare group Fresenius SE & Co KGaA (ETR:FREG) said it plans to acquire further 3.5m shares in Fresenius Medical Care AG & Co KGaA (ETR:FME), or FMC.
Status: Bidding
- AUTOLIV ACQUIRES AIRBAG CUSHION OPERATIONS FROM US MILLIKEN
Swedish car safety systems maker Autoliv Inc (STO:ALIV) said it had bought the cut and sewn airbag cushion activities of private US innovation company Milliken in a drive to raise its competitiveness.
Status: Closed
- TNK-BP HALTS DISCUSSIONS OVER ITERA STAKE BUY
Russiaâ[euro](tm)s TNK-BP (RTB:TNBP) has cancelled talks over the possible acquisition of a 50% interest in local gas producer Itera as the parties could not agree on the terms.
Status: Terminated
- GLENCORE CONSORTIUM TO MAKE MANDATORY BID FOR OPTIMUM COAL, DROPS GENERAL OFFER
South African coal miner Optimum Coal (JNB:OPT) said the consortium of commodity trader Glencore (LON:GLEN) and local businessman Cyril Ramaphosa will...
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