Wednesday 6 November 2024
 
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Buyout

Toyota considers Daihatsu buyout, denies Suzuki tie-up talks

Toyota Motor Corp said it was considering buying out the rest of mini-vehicle maker Daihatsu Motor Co, a $3.2 billion deal at current market prices, but denied a report that it was in partnership talks with Daihatsu rival Suzuki Motor Corp.

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Toyota considers Daihatsu buyout, denies Suzuki tie-up talks

Toyota Motor Corp said it was considering buying out the rest of mini-vehicle maker Daihatsu Motor Co, a $3.2 billion deal at current market prices, but denied a report that it was in partnership talks with Daihatsu rival Suzuki Motor Corp.

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Samsung talks to BlackBerry about $7.5bn buyout

Samsung Electronics recently offered to buy BlackBerry Ltd for as much as $7.5 billion, seeking its valuable patents as it battles Apple in the corporate market, according to a person familiar with the matter and documents seen by Reuters.

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Gulf Capital completes buyout of DOTW

Gulf Capital, one of the leading alternative investment firms in the Middle East based in Abu Dhabi, has announced its successful closing of the management buy-out of Destinations of the World (DOTW), a leading multi-regional hospitality distrib

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Gulf Capital completes buyout of DOTW

Gulf Capital, one of the leading alternative investment firms in the Middle East based in Abu Dhabi, has announced its successful closing of the management buy-out of Destinations of the World (DOTW), a leading multi-regional hospitality distrib

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Orascom Telecom rejects Altimo buyout offer

  Egyptian group Orascom Telecom Holding's management has recommended shareholders reject an offer by a subsidiary of Russian billionaire Mikhail Fridman's Altimo to buy the company for $0.7

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Buffett, Brazil giant team up for Heinz buyout

  Warren Buffett and Brazilian financier Jorge Paulo Lemann are teaming up to buy ketchup maker H.J. Heinz Co for $23.2 billion, in what could be the first step of a wave of mergers for the food and

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Dell investors oppose $24bn buyout plan

Three of Dell's largest investors joined Southeastern Asset Management in objecting to a $24.4 billion buyout of the No 3 PC maker led by chief executive Michael Dell, sources said, as opposition grows to the largest buyout since the start o

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UAE firm in rare management buy-out deal

Essdar Capital, an advisory and investment firm backed by Abu Dhabi royals, said its management bought out its existing shareholders, in a rare management led buy-out of a specialist financial institution in the Middle East. Essda

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Sawiris to drop support for EFG buyout

Egyptian billionaire Naguib Sawiris will drop out of a buy-out consortium targeting investment bank EFG Hermes after EFG shareholders backed an alternative tie-up with Qatar's QInvest, an EFG source told Reuters on Tuesday. But the head of

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