Archive for July 23rd, 2012

DreamWorks CEO, Jeffrey Katzenberg

Animation giant DreamWorks to acquire Classic Media for $155m

US animated film producer DreamWorks Animation SKG Inc (NASDAQ:DWA) on Monday said it had inked a deal to buy Classic Media LLC, owner of numerous well-known characters and brands, for USD155m (EUR128m) in cash from Boomerang Media Holdings I LLC. …

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Coffee beans

German Benckiser in $1bn deal to acquire Peet’s Tea & Coffee

German conglomerate Joh A Benckiser (JAB) has agreed to buy US specialty coffee and tea company Peet's Coffee & Tea Inc (NASDAQ:PEET) for a cash consideration of USD1bn

US rail crossing

US freight retail operator Genesee & Wyoming to acquire RailAmerica

US freight rail operator Genesee & Wyoming (NYSE:GWR), or GWI, has sealed an agreement to buy sector player RailAmerica (NYSE:RA) in a deal that will result in the

High altitude view of the frozen Canadian tundra

US earth imagery group DigitalGlobe acquries GeoEye in $900m deal

US earth imagery products provider DigitalGlobe Inc (NYSE:DGI) has sealed a USD900m (EUR741.8m) definitive deal to acquire geospatial information firm GeoEye Inc (NASDAQ:GEOY). With this tie-up, the parties will

AIG HQ

AIG’s German arm raises offer for property investor AIRE

AIG Century GmbH & Co KGaA, part of US insurance major American International Group Inc (NYSE:AIG), said on Monday it had hiked its voluntary tender offer for German

Tax Return

British government proposes crackdown on tax avoidance firms

The UK government said on Monday that it planning a new proposal which is designed to force finance companies to hand over the client lists of tax dodgers

Spain's sovereign debt crisis

Fears of sovereign bailout for Spain grow

Asian shares fell and the euro hovered near multi-year lows earlier on Monday as Spain ignited concerns about its ability to resist a sovereign bailout after two indebted

T-Cell

Imperial Innovations increases stake in Cell Medica to 28%

British technology commercialisation and investment group Imperial Innovations Group Plc (LON:IVO) said Monday it had invested GBP3m (USD4.7m/EUR3.8m) in its portfolio company, UK-based Cell Medica, and will hold

Natural gas tanks

Spain’s Enagas to acquire a 90% stake in Naturgas from EDP

Spanish natural gas transportation company Enagas SA (MCE:ENG) said it had agreed to take a 90% stake in sector firm Naturgas Energia Transporte SAU from Portuguese electric utility

e-commerce

UK e-commerce grows by 13% in the first half of 2012

UK e-commerce has registered strong growth in 2012, with online shoppers spending £34.9 billion over the first six months of the year, according to the latest IMRG Capgemini

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