Reuters: Deals

Micron to acquire Numonyx for $1.27 billion

Tue, 09 Feb 2010 21:37:34 -0500

SAN FRANCISCO (Reuters) - Micron Technology Inc said it is acquiring privately held Numonyx Holdings B.V. on Tuesday in an all-stock deal valued at about $1.27 billion.

MetLife may pay AIG in stock, cash for unit: source

Tue, 09 Feb 2010 14:49:44 -0500

NEW YORK (Reuters) - MetLife Inc plans to pay American International Group Inc in stock and cash for American Life Insurance Co (Alico), as the two sides negotiate what could be a roughly $15 billion deal, a source familiar with the matter said on Tuesday.

LBO financing improving, say Apollo, others

Tue, 09 Feb 2010 13:15:16 -0500

BERLIN (Reuters) - Banks are getting more comfortable lending for buyouts, and at higher multiples, as they front up more cash for select companies with strong earnings.

Terreno Realty IPO prices in range in twice cut deal

Tue, 09 Feb 2010 18:38:57 -0500

NEW YORK (Reuters) - Terreno Realty Corp priced shares in its initial public offering in line with estimates on Tuesday, after twice cutting the size of the deal.

Airgas rejects latest offer from Air Products

Tue, 09 Feb 2010 19:54:51 -0500

NEW YORK (Reuters) - Airgas Inc formally rejected a takeover offer from Air Products and Chemicals Inc on Tuesday, saying the $5.1 billion offer significantly undervalues the industrial gas company, a position the bidder immediately called "remarkable."

JAL to stay with American in blow to Delta

Tue, 09 Feb 2010 10:44:36 -0500

TOKYO (Reuters) - Japan Airlines said it would keep its partnership with American Airlines in the Oneworld alliance, ending an attempt by Delta Air Lines to entice the bankrupt carrier to its rival SkyTeam group.

Emaar hires DBS to sell Singapore's RSH: sources

Tue, 09 Feb 2010 22:54:54 -0500

SINGAPORE (Reuters) - Dubai-based Emaar Properties has hired DBS to advice on the sale of Singapore-listed sports retailer RSH Holdings , which is currently valued at $164 million, two sources told Reuters on Wednesday.

Japan's Suntory says IPO an option for fund raising

Tue, 09 Feb 2010 07:35:37 -0500

TOKYO (Reuters) - Japanese beverage maker Suntory Holdings said a public offering of its shares is one option to raise money to finance acquisitions after the privately held firm ended merger talks with bigger rival Kirin Holdings .

Ghana has not blocked Exxon-Kosmos deal: source

Tue, 09 Feb 2010 08:49:34 -0500

ACCRA (Reuters) - Ghana has not blocked a planned $4 billion oilfield stake sale to Exxon Mobil by Kosmos Energy but still threatens to do so if the parties do not abandon the deal, a government source said on Tuesday.

Investors demand that buyout firms disclose more

Tue, 09 Feb 2010 14:40:56 -0500

BERLIN (Reuters) - Buyout firms are not communicating enough about portfolio company performance and future deals, despite some having produced poor returns and angered investors with a tight-lipped approach, influential private equity investors said.