Mergers & Acquisitions
Topics also related to M&A;:
UPDATE 1-Cerberus raises $2.61 billion private equity fund -sources
NEW YORK, May 1 - Cerberus Capital Management LP has completed fundraising for its latest flagship private equity fund, raising $2.61 billion to invest in distressed assets, two people familiar with the matter said on Wednesday.
UPDATE 3-ADM advances GrainCorp bid; quarterly earnings drop
CHICAGO, May 1 - Archer Daniels Midland Co defended its plan to buy Australia's GrainCorp Ltd for A$3.0 billion ($3.1 billion), promising the grain handler was a good fit to help feed growing markets in Asia and the Middle East.
PRESS DIGEST - British Business - May 2
May 2 - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
PRESS DIGEST - Financial Times - May 2
May 2 - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
Cerberus raises $2.61 billion private equity fund -sources
NEW YORK, May 1 - Cerberus Capital Management LP has completed fundraising for its latest flagship private equity fund, raising $2.61 billion to invest in distressed assets, two people familiar with the matter said on Wednesday.
UPDATE 1-Goldman comes to aid of Ebix with buyout offer
May 1 - A Goldman Sachs Group Inc affiliate plans to spend $743 million to buy Ebix Inc, an insurance software provider that has been a target of allegations from short-sellers about inaccuracies in its financial statements.
UPDATE 1-ADM advances takeover of Australia's GrainCorp
CHICAGO, May 1 - Archer Daniels Midland Co on Wednesday said it completed due diligence on GrainCorp Ltd and intends to move forward with a cash offer to acquire the Australian grain handler.
CORRECTED-Sun Capital to merge five of its plastic packaging businesses
(Corrects spelling of company to Paccor from Paccar in the second paragraph)
UPDATE 2-ADM earnings drop as pain lingers from U.S. drought
* Bunge, Cargill also noted lingering impact from drought
UPDATE 3-Talisman Energy shares drop on loss, Ocensa stake for sale
* 1st-qtr loss $0.21 vs profit $0.28/shr year earlier * Production falls 19 pct to average 372,000 boepd * Selling stake in Colombian oil pipeline * Could sell Norwegian assets * Shares down 3.9 pct By Scott Haggett CALGARY, Alberta May 1 - In the midst of a restructuring, Talisman Energy Inc, the Canadian oil and gas producer put more assets up for sale on Wednesday as its shares fell sharply on a quarterly loss that disappointed investors. Hal Kvisle, Ta
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