Maior portal de Notícias de M&A do Brasil
Reuters, 11/12/2012
Delta Air Lines Inc is nearing an agreement to buy Singapore Airlines’ 49 percent stake in Virgin Atlantic, and is expected to agree to a transatlantic joint venture with the British carrier, a source said.
Meanwhile, Richard Branson said he planned to keep control of the carrier he set up and said International Airlines Group (ICAG.L) boss Willie Walsh was misguided for saying the brand would be ditched by Delta.
By Tino Andresen, Bloomberg 11/12/2012
ThyssenKrupp AG (TKA), Germany’s biggest steelmaker, won’t pay an annual dividend after posting a second straight yearly loss, including a 3.6 billion-euro ($4.7 billion) writedown on its Steel Americas unit.
The net loss widened to 4.7 billion euros in the year ended Sept. 30, the Essen-based company said yesterday in a statement on its website. The loss was 1.29 billion euros a year earlier.
Reuters 11/12/2012
The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Tuesday:
News Press 10/12/2012
Cape Coral continued its march toward a restart of the controversial utilities expansion project on Monday, with City Council voting to acquire a scattering of properties for several future pump and lift stations.
The six resolutions passed Monday night pave the way for two pump stations — which pump water — and four lift stations — which pump sewage — to be built on 18 pieces of property. They will primarily service the Southwest 6 and 7 expansion area, a 4-square-mile region with 6,147 lots, about half of which are undeveloped.
Nasdaq 10/12/2012
LONDON–Diageo PLC Tuesday (DGE.LN) walked away from Jose Cuervo, the world’s best-selling tequila, after failing to reach a deal with Mexico’s Beckmann family to buy a stake in the brand.
Diageo will lose the brand entirely as its distribution contract for Jose Cuervo expires at the end of June next year. The U.K.-based spirits maker has long made clear its preference for an equity tie-up in the brand, which is extremely popular in the U.S. The Beckmanns are heirs of the original Cuervo family which started tequila production in the late 19th century.
by Stefan Constantinescu, 11/12/2012
Google, which officially acquired Motorola Mobility in May of this year, has just announced that Flextronics will acquire Motorola’s factory Tianjin, China. Flextronics will also “assume the management and operation” of Motorola’s factory in Jaguariuna, Brazil. Who exactly is Flextronics? You know how Foxconn is the largest company that spits out consumer electronics? Flextronics is the second largest. Assuming both companies get all the required approvals, this deal will close during the first half of 2013. Financial terms were not disclosed, though we expect them to be leaked rather quickly.
Market Watch, 11/12/2012
On 6 December 2012 Yara International ASA entered into an agreement to acquire Bunge’s fertilizer business in Brazil, significantly strengthening its fertilizer position in the country. Yara and Bunge have also agreed to enter into a long-term fertilizer supply agreement, enabling Bunge to continue supplying fertilizer to farmers as part of its grain origination activities and creating a framework for logistics and other commercial activities.
BR Deal