Thai Union Frozen acquires Bumble Bee for $1.5 Billion

Thai Union Frozen acquires Bumble Bee for $1.5 Billion

The Union Frozen Products buys Bumble Bee Seafoods from Lion Capital, the private equity owner, for $1.5 Billion.  “I have always believed that Bumble Bee and Thai Union share a strong vision for innovation, operational excellence, sustainability and value for our consumers, making this combination good news for customers, consumers and the industry as a…

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Philips acquires Volcano Corporation for $1.2 Billion

Philips acquires Volcano Corporation for $1.2 Billion

Dutch Electronics juggernaut Philips agreed to buy Volcano Corporation, American medical device maker based in San Diego, for $1.2 Billion in cash-and-debt deal.  As part of the deal Philips agreed to pay $18 a share for all Volcano oustanding shares, it’s about $1 billion in cash. The offer epitomizes 57 percent premium to Volcano Tuesday…

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Aviva and Friends Life agree to $8.8 Billion Merger

Aviva and Friends Life agree to $8.8 Billion Merger

Aviva, the British insurer, agrees to acquier Friends Life for $8.8 Billion in all stock deal.  Under the terms of the deal, Aviva will pay 0.74 shares of Aviva for each Friends Life share. That represented a total value about £5.6 billion.  “This acquisition is financially and strategically compelling,” Mark Wilson, Aviva’s chief executive, said…

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