MandADeals
Search the site:

Print
Email
Text size
Comment

Eurocement purchase stake in Holcim

Done Deals

• Russian cement maker Eurocement Group has purchased a 6.5 per cent stake in Holcim, the world's second-largest cement maker

HIS, which provides information on energy and security to governments and large companies, has bought consulting firm Global Insight for around $200 million (£108.5 million)

Beazley Group has acquired Momentum Underwriting Management, a specialist personal accident and life underwriting management agency based in London, for £20.6 million

• Thailand-based broker Seamico Securities has raised its stake in KTB Securities to 48.81 percent from 42 percent

Tessenderlo Kerley has acquired the assets, marketing and distribution channels of Agrochem of Istanbul and Izmir, Turkey. The new company will trade under the name Tessenderlo Agrochem

• Financial group Sator has acquired a 40 per cent stake in Baglioni Hotels in a deal valued at £23.7 million

In the pipeline

Crocotta Energy plans to acquire all the outstanding stock of an undisclosed oil and gas company in British Columbia for $12.5 million (£6.8 million)

• Financial services group IFG Group has announced the merger of its provider companies IPS Actuarial Services and the PAL Partnership

Wärtsilä has agreed to acquire Singapore-based naval architecture and ship design company Conan Wu & Associates for undisclosed terms

Securitas has agreed to acquire the security services company El Guardian in Argentina. The acquisition strengthens Securitas’ role as the market leader in the region

Ascent Media announced that it has signed an agreement to sell its subtitling business, Visiontext, to SDI Media, a subtitling and language dubbing provider, by the end of the month

Medusa Mining, an Australian miner working in the Philippines, has been the subject of a takeover bid by Hong Kong-based investment firm Crosby Capital. The offer values Medusa at around £81.9 million

• French private equity company PAI partners plans to sell UK car service chain Kwik-Fit and the chain's German division Pit-Stop for a yet to be determined sum

• British Gas owner Centrica is to acquire Caythorpe Gas Storage from Warwick Energy for £70 million

• Norwegian oilfield services company DOF and energy-focused private equity group First Reserve Corporation said it would table an offer of £444.7 million for all outstanding shares in offshore group DOF Subsea

Users comment

There are currently no comments on this post. Leave a comment

 
You have to be logged in.