Skip to main content
Reliance Power to buy Jaiprakash's hydropower business

BY Reuters |

Reliance Power Ltd will buy Jaiprakash Power Ventures Ltd's entire hydropower business, the companies said on Monday, in a deal that would make billionaire Anil Ambani's group the largest private hydropower provider in India.
OSN gets buyout offer from unnamed bidder

BY Reuters |

Middle Eastern pay-television operator OSN is the subject of a full takeover bid from an unnamed buyer, its parent company has revealed, a deal that could prove to be one of the largest acquisitions of a regional business in recent years.
Australasian food rush continues with PEP selling New Zealand firm to Philippines' Universal

BY Reuters |

A global rush for Australasian food assets continued on Monday with Pacific Equity Partners (PEP) selling a New Zealand company to Philippine snack and beverage maker Universal Robina Corp for NZ$700 million ($609 million).
Doosan buys U.S. fuel cell maker ClearEdge for $32.4 mln

BY Reuters |

Doosan Co Ltd said on Monday it will acquire the assets and operating debt of U.S.-based ClearEdge Power, a fuel cell manufacturer for buildings, for $32.4 million.
Skadden, CWT seal Forbes’ media business sale to Hong Kong group

BY Kanishk Verghese |

Skadden, Arps, Slate, Meagher & Flom, Cadwalader, Wickersham & Taft and LKP Global Law are acting on Forbes’ sale of a majority stake of its media business to a Hong Kong-based group of investors for an undisclosed sum.
Hyundai Group sells logistics unit to Orix

BY Reuters |

Shareholders of Hyundai Logistics Co, a unit of South Korean conglomerate Hyundai Group, signed a contract to sell a 600 billion won ($581.45 million) stake in the unit to Japanese financial firm Orix Corp, the group said on Thursday.
Ferrero buys Turkish hazelnut company Oltan

BY Reuters |

Italy's Ferrero, the maker of Nutella chocolate spread, said on Wednesday it had bought Turkish company Oltan, one of the world leaders in the production and marketing of hazelnuts.
Sumatec to buy Borneo Energy for $250 mln

BY Reuters |

Malaysian upstream oil and gas company Sumatec Resources Bhd has agreed to buy Borneo Energy Oil And Gas in a cash-and-share deal worth $250 million, Sumatec said on Friday.
3M to buy Sumitomo stake for $885 mln to control Japan business

BY Reuters |

3M Co will pay about $885 million for Sumitomo Electric Industries Ltd's stake in their Japan joint venture, giving the diversified U.S. manufacturer full control of the business, 3M said on Wednesday.
Lone Star 'reopens Tokyo property deal as GIC talks stall'

BY Reuters |

Global buyout firm Lone Star Funds is looking for buyers for a complex of buildings in central Tokyo after exclusive talks with Singapore's sovereign wealth fund GIC Pte Ltd stalled due to a legal dispute over the property's ownership.