• Most Popular
  • Most Shared

Deals of the day -- mergers and acquisitions

Thu Nov 20, 2008 10:59pm EST

Stocks

   

Nov 21 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0400 GMT on Friday.

(For Reuters columns on deals, click on [DEALTALK/]

** Image Entertainment Inc (DISK.O) agreed with Nyx Acquisitions Inc to be acquired for about $100 million, including the assumption of its outstanding debt. To read more, please double click on [nBNG378097]

** A New Zealand local council is looking to increase its majority stake in Lyttelton Port Company (LPC.NZ), offering to buy an extra 2.48 percent of the port on market at a 22 percent premium, the council said. [nWEL295708]

** Indonesia's deposit guarantee agency has taken over Bank Century (BCIC.JK) to increase the bank's quality, Central Bank Governor Boediono said. [nJKB000962] (Compiled by Tina Kwan in Singapore)



More from Reuters

Photo

RIM profit, outlook top forecasts; shares surge

OTTAWA (Reuters) - Research In Motion posted a big jump in profit and issued an even stronger outlook on Thursday, as sturdy demand from holiday shoppers helped the BlackBerry maker fend off the competition.

Pedestrians are reflected in a Citigroup window in Boston, Massachusetts. REUTERS/Brian Snyder

Citi's next challenge

Citigroup's plan to extract itself from the government's clutches didn't go as planned. For the bank to succeed, one of two things need to happen.  Full Article 

Aerospace Industries Association President and CEO Marion Blakey makes remarks during the Reuters Aerospace and Defense Summit, December 16, 2009 in Washington.REUTERS/Mike Theiler

"We're not asking for a bailout"

If the U.S. is serious about creating jobs it should invest in aviation programs, says the chief of the Aerospace Industries Association. Just don't call it a bailout.  Full Article