Deals

Zell’s Equity Int’l eyes Brazil home builders

Filed under Sam Zell, Deals
August 20, 2008 6:11 pm

Billionaire real estate mogul Sam Zell, who built a fortune investing in distressed property, sees opportunity in the beaten-down shares of Brazilian home builders and plans further investments in Brazil.Zell’s ... Read more »

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Ally of Russian magnate Potanin chosen at Norilsk

Filed under Oleg Deripaska - Basic element, Deals, Vladimir Potanin - Norilsk Nickel
August 8, 2008 7:27 pm

Metals magnate Vladimir Potanin tightened his hold over Norilsk Nickel on Friday after an ally of his was appointed chief executive of the mining company. Potanin also said he was ... Read more »

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DreamWorks Near $550 Million Reliance Investment Deal

Filed under Deals, Anil Ambani - Reliance Energy
7:11 pm

 Steven Spielberg’s DreamWorks SKG is nearing an agreement for a $550 million investment from Indian billionaire Anil Ambani, allowing the film studio to split from Viacom Inc.’s Paramount, according to ... Read more »

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KKR to go public on NYSE via fund takeover

Filed under Deals, Henry Kravis - KKR
July 28, 2008 12:03 pm

KKR & Co., the leveraged-buyout firm run by Henry Kravis and George Roberts, plans to convert to a public company by the end of the year in a transaction that ... Read more »

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India awaits next blow in Ambani feud

Filed under Deals, Mukesh Ambani - Reliance Group, Anil Ambani - Reliance Energy
July 22, 2008 3:51 pm

Shares of Reliance Communications crept higher yesterday in the first market reaction in Mumbai to the collapse late on Friday of the Indian mobile operator’s plan to tie up with ... Read more »

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Merrill Lynch sells its 20% Bloomberg stake for $4.5bn

Filed under Deals, Michael R. Bloomberg
July 18, 2008 9:18 pm

The investment bank Merrill Lynch has agreed to sell its 20% stake in Bloomberg for $4.5bn (£2.25bn), in a deal which provided a glimpse of the fortune amassed by the ... Read more »

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Yahoo Rejects Microsoft, Icahn Bid to Split Company

Filed under Deals, Carl Icahn, Steven Ballmer - Microsoft, Jerry Yang - Yahoo
July 13, 2008 6:06 pm

 Yahoo! Inc. rejected a proposal from Microsoft Corp. and billionaire investor Carl Icahn that would have broken up the Internet company, saying they were trying to “coerce” officials into selling ... Read more »

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Potanin Gets Majority Elected To Norilsk to Retain Control

Filed under Oleg Deripaska - Basic element, Deals, Vladimir Potanin - Norilsk Nickel
June 30, 2008 8:58 pm

Billionaire Vladimir Potanin retained control of GMK Norilsk Nickel’s board after a vote Monday by investors in Russia’s biggest mining company. Potanin, the largest shareholder, got four directors elected to ... Read more »

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$630 Million Infusion From Russian Investor

Filed under Deals, Suleiman Kerimov - Nafta Moskva
8:55 pm

Russian investors could be the new benefactors for Western banks seeking cash to shore up their shaky finances. In a sign that banks are looking beyond Asian and Middle Eastern ... Read more »

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Kerkorian increases stake in Ford to 6.49 percent

Filed under Deals, Kirk Kerkorian - Tracinda Corporation
June 19, 2008 7:34 pm

Billionaire investor Kirk Kerkorian’s Tracinda Corp. reported Thursday it has increased its stake in Ford Motor Co. to 6.49 percent and remains willing to consider supporting the automaker’s turnaround effort ... Read more »

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Spielberg May Exit Paramount by November, Person Says

Filed under Deals, Anil Ambani - Reliance Energy
12:28 pm

Steven Spielberg’s DreamWorks SKG film studio may exit Viacom Inc.’s Paramount Pictures as soon as November after securing outside funding, according to a person with knowledge of the plans.DreamWorks and ... Read more »

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Ambani rivalry could scupper MTN deal

Filed under Deals, Mukesh Ambani - Reliance Group, Anil Ambani - Reliance Energy
June 17, 2008 10:18 am

When billionaire businessman Anil Ambani announced his bid to gain a controlling foothold in South Africa’s MTN last month, some people instantly smelt trouble. The planned reverse take­over of MTN, ... Read more »

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India’s billionaire Ambani brothers slug it out in telecom row

Filed under Deals, Mukesh Ambani - Reliance Group, Anil Ambani - Reliance Energy
June 15, 2008 2:28 pm

India’s billionaire Ambani brothers are battling again — this time over a blockbuster deal being negotiated by the younger sibling Anil to create an emerging-market telecoms behemoth. . The long-simmering ... Read more »

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BP Chief Meets Russian Billionaire in TNK-BP Dispute

Filed under Deals, Mikkhail Fridman - Alfa Group
June 6, 2008 6:47 pm

BP Plc Chief Executive Officer Tony Hayward met with Mikhail Fridman, one of the billionaire owners of oil venture TNK-BP, as the two sides seek to resolve a shareholder dispute ... Read more »

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LVMH chief sets sail with Princess Yachts deal

Filed under Deals, Bernard Arnault - LVHM
June 4, 2008 6:27 pm

Bernard Arnault, the French luxury goods billionaire, is poised to add luxury motor yachts to his collection of handbags, watches, perfumes and champagnes. Mr Arnault will today be announced as ... Read more »

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FT profiles Anil Ambani

Filed under Profiles, Deals, Anil Ambani - Reliance Energy
May 30, 2008 10:27 pm

Anil Ambani, the Indian industrialist, was on a family holiday in a game park in South Africa earlier this month when the news came. Takeover talks had collapsed between rival ... Read more »

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Aquila Says Chinese Mills Seek Stake in A$3.9 Billion Ore Mine

Filed under Deals, Tony Poli - Aquila
May 29, 2008 7:43 pm

– Aquila Resources Ltd., controlled by Australian billionaire Tony Poli, said Chinese steelmakers are interested in buying a stake in a proposed A$3.9 billion ($3.8 billion) iron ore project to ... Read more »

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Russian tycoons target Norilsk

Filed under Oleg Deripaska - Basic element, Deals, Vladimir Potanin - Norilsk Nickel, Alisher Usmanov
May 28, 2008 8:02 pm

Vladimir Potanin and Alisher Usmanov, two Russian metals tycoons, said on Wednesday they had agreed on an asset tie-up that would open the way for the creation of a Russian ... Read more »

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Yahoo postpones annual meeting

Filed under Deals, Carl Icahn, Steven Ballmer - Microsoft, Jerry Yang - Yahoo
May 24, 2008 12:16 pm

The internet company Yahoo has postponed its annual meeting as its board struggles to escape a shareholder uprising led by the billionaire corporate raider Carl Icahn. The potentially rowdy gathering ... Read more »

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Kerkorian ups Ford bid financing to $600M

Filed under Deals, Kirk Kerkorian - Tracinda Corporation
12:13 pm

Billionaire investor Kirk Kerkorian has added $100 million in financing as part of his bid to increase his stake in Ford Motor Co.Kerkorian’s Tracinda Corp. said in a regulatory filing Friday it may borrow as much as $600 million from Bank of America. That’s an increase from $500 million. read the rest published by CNN here: http://money.cnn.com/2008/05/23/news/newsmakers/ford_kerkorian.ap/index.htm?section=money_latest

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Kerkorian starts offer to boost Ford stake by 20M shares

Filed under Deals, Kirk Kerkorian - Tracinda Corporation
May 9, 2008 3:53 pm

Billionaire investor Kirk Kerkorian launched his previously announced $170 million cash offer to buy up to 20 million additional shares of Ford Motor Co. on Friday, calling it “an attractive ... Read more »

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TUI Investor Fredriksen Bid for Mordashov’s Stake

Filed under Deals, Alexei Mordashow, John Fredriksen - Frontline
May 7, 2008 10:21 am

TUI AG’s biggest shareholder, John Fredriksen, offered to buy the second-largest stake in Europe’s largest tourism company from Alexei Mordashov and demanded Chairman Juergen Krumnow be ousted at today’s investor ... Read more »

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Buffett Hints at Targets for His Global Buying Spree

Filed under Deals, Warren Buffett - Berkshire Hathaway
May 4, 2008 6:20 pm

Billionaire Warren Buffett, whose Berkshire Hathaway Inc. is hunting for takeovers outside the U.S., said a subsidiary is “probably close” to a U.K. purchase.Buffett, speaking at a press conference today ... Read more »

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Rusal takes a step closer to Norilsk fusion

Filed under Oleg Deripaska - Basic element, Deals, Mikhail Prokhorov - Onexim Group, Vladimir Potanin - Norilsk Nickel
April 25, 2008 6:51 pm

Oleg Deripaska, owner of Russian aluminium producer United Company Rusal, yesterday passed a milestone on the road to building a Russian national champion in the mining and metals industry with ... Read more »

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UC Rusal runs into problems on Norilsk stake

Filed under Deals, Mikhail Prokhorov - Onexim Group, Vladimir Potanin - Norilsk Nickel
April 7, 2008 8:04 pm

United Company Rusal is running into problems finalising its purchase of a 25 per cent stake in Norilsk Nickel, the world’s biggest nickel miner, from Mikhail Prokhorov, the Russian billionaire, ... Read more »

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Blixseth sells trophy Yellowstone Club lot

Filed under Deals, Timothy Blixseth
March 28, 2008 10:54 am

Yellowstone Club founder Tim Blixseth has sold the land where he had planned to build the world’s most expensive house.The buyer of the 160-acre parcel inside The Yellowstone Club’s 14,300-acre ... Read more »

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Li Ka-shing ups Facebook stake to $120 million

Filed under Deals, Li Ka-shing - Hutchinson Whampoa
10:41 am

- Social networking site Facebook has closed a second $60 million investment round with Hong Kong billionaire Li Ka-shing through his foundation, a source familiar with the deal confirmed on ... Read more »

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Sheikh Mohammed expands stable

Filed under Deals, Mohammed bin Rashid Al Maktoum
March 26, 2008 6:31 pm

Sheikh Mohammed bin Rashid Al Maktoum has expanded his global horse racing empire by buying Australia’s largest thoroughbred business in a deal understood to be worth close to A$500m ($451.6m). ... Read more »

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Potanin, Prokhorov Decide Against Splitting Up Assets

Filed under Deals, Mikhail Prokhorov - Onexim Group, Vladimir Potanin - Norilsk Nickel
March 20, 2008 7:44 pm

 Russian billionaires Vladimir Potanin and Mikhail Prokhorov decided against splitting their jointly held assets, including stakes in OAO GMK Norilsk Nickel, the world’s largest producer of nickel, and OAO Polyus ... Read more »

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Abramovich in talks to buy Zimbabwe coal mine

Filed under Deals, Roman Abramovich
March 17, 2008 5:27 pm

CHELSEA Footall Club owner and Russian billionaire Roman Abramovich has opened talks over buying Hwange Colliery Mine – Zimbabwe’s biggest coal producer located in the remote western tip of the ... Read more »

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