transaction news

Acquisition of Leading Provider of Performance and Availability Monitoring Solutions Expands CA's Presence in Emerging Enterprise and MSP Markets

As a result of this transaction, which is in line with Philips’ communicated strategy to dispose of its remaining non-core shareholdings, Philips now holds 63 million shares in TPV, which represents a stake in the company of just below 3%.

Spyker Cars N.V. today confirmed it has finalised the deal with General Motors Company to purchase Saab Automobile AB. The transfer of ownership took place at 16.30 CET on February 23.

Google Inc. (NASDAQ: GOOG) today announced that it has completed its acquisition of On2 Technologies, Inc., valued at approximately $124.6 million, after On2's shareholders voted to approve the transaction.

The proposed purchase price is €180million (approximately US$251 million), in cash, subject to working capital adjustments.

IBM (NYSE: IBM) today announced it has signed a definitive agreement to acquire Initiate Systems, a market leader in data integrity software for information sharing among healthcare and government organizations.

The sale, which is expected to have a break-even impact on our results, will provide Philips with net proceeds of approximately EUR 95 million to be recognized in the first quarter of 2010.

Cimac implements complete automation, control and electrical distribution solutions, primarily for Water-Waste Water and Oil & Gas customers.

In addition to direct access to large pools of FX wholesale liquidity, Morgan Stanley prime broker clients can connect to over 18,000 professional FX traders through Thomson Reuters Dealing.

ProQuest, an information technology firm supporting global research, has acquired the London School of Economics' classic International Bibliography of the Social Sciences (IBSS).

As a result of the Transaction, FEMSA will hold a 20.0% economic interest in the Heineken Group (with shareholdings at both Heineken and Heineken Holding N.V. (“Heineken Holding”)).

Siemens will sell its 25 percent stake in Dräger Medical AG & Co. KG to majority shareholder Dräger.

Largely transaction and corporate banking focused, the new branch will initially offer services including treasury products and services for foreign exchange and interest rate hedging; structured trade and export finance; and will also provide onshore sales and customer services support to financial institutions.

Frankfurt am Main, Deutsche Bank AG (XETRA: DBKGn.DE / NYSE: DB) today announced the completion of its acquisition of Dresdner Bank’s Global Agency Securities Lending business from Commerzbank AG (XETRA: CBK GY), pursuant to the agreement entered into by the parties in May 2009.

Watson Pharmaceuticals, Inc. (NYSE: WPI) today announced that the Federal Trade Commission (FTC) has accepted a proposed consent order for public comment relating to Watson's pending acquisition of privately held Arrow Group and has granted early termination of the Hart Scott Rodino waiting period, thereby permitting the parties to close the transaction.

Watson Pharmaceuticals, Inc. (NYSE: WPI) today announced that it has completed the acquisition of Arrow Group for a combination of cash and stock.

Citi’s Global Transaction Services has been named the primary cash management bank for Dialog Telekom PLC (“Dialog”).

United States of America, Nestlé Professional announced it has agreed to acquire Vitality Foodservice Inc., one of North America’s leading beverage solution providers to the foodservice industry.

Deutsche Telekom will take over the webhosting provider Strato from the telecommunications company Freenet. A contract will be signed today in Berlin with Freenet AG on the acquisition of 100 percent of its shares in Strato AG and Strato Rechenzentrum AG.

Thomson Reuters (NYSE: TRI;TSX: TRI), the world’s leading source of intelligent information for businesses and professionals, today announced that its Tax & Accounting business has signed a definitive agreement to acquire Sabrix, Inc, a leading global provider of transaction tax management software applications and related services.