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Welcome to Investor Network


 

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Welcome to “Investor Network by JD” (IN) and our goal is networking for results!  Our motto is “Say Provocative statements that intelligent people argue about fast without dotting your I’s and crossing your T’s. As life is all about fun and results!” – JD Morris

This is a Beta Blog and we have launched a new website called “InvestorNetwork

URL: http://investornetworkdestinations.com/

Happy Investing & Networking,

JD Morris

Join Your Host on LinkedIn via this URL: http://www.linkedin.com/in/jdmorris

JD Morris

DISCLAIMER: This is a beta blog.  The information is provided by AP, Bloomberg, Forbes, Fortune, preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources. Please check with the company website or venture capital firm for a press release as this is a beta blog that does not update information.

This Blog Post was last update 10-16-2018

 

IN Pipeline 20181022 M&A


DEALS WE LIKE:  Blackstone Group has agreed a deal to acquire Ulterra Drilling Technologies, a manufacturer of drill bits and downhole tools for the oil and gas industry, for around $700 million, two sources familiar with the matter said.

Blackstone

** European Union antitrust regulators will rule by Nov. 27 whether to clear U.S. battery maker Energizer Holdings’ $2-billion bid for Spectrum Brands’ battery and portable lighting business.

** American Railcar Industries Inc, majority-owned by billionaire investor Carl Icahn, is selling itself to ITE Rail Fund in a $1.75 billion deal including debt, the company said.

** The head of Telefonica Deutschland called for EU regulators to block Vodafone’s planned acquisition of Liberty Global, saying it would lead to a “quasi-monopolisation” of the German cable TV market.

Continue reading “IN Pipeline 20181022 M&A”

IN Pipeline 20181020


Investor Network by JD

DEAL OF THE DAY:  Norwegian Energy Company (Noreco) plans to acquire offshore assets on Britain’s continental shelf in 2019, following its purchase of Shell’s upstream oil and gas licenses in Denmark, its chairman told Reuters.

20 PLUS OTHER DEALS

** Novartis AG will acquire U.S.-based cancer drugmaker Endocyte Inc for $2.1 billion in cash as the Swiss drugmaker expands its radiopharmaceuticals business, the companies said.

** Private equity giant Blackstone Group has quite a takeover battle for Australian office-block owner Investa Office Fund after it was gazumped by Canadian landlord Oxford Properties Group’s A$3.35 billion ($2.4 billion) bid.

Blackstone

** Linde said it had no knowledge of its planned merger with Praxair being given the green light, denying a media report which said the deal had passed anti-trust hurdles in the United States.

** Acadia Healthcare Co Inc, a U.S. operator of behavioral health centers, is in talks with private equity firms about selling itself after attracting buyout interest, people familiar with the matter told Reuters.

** Italian construction company Salini Impregilo is looking at the assets of troubled builder Astaldi but any eventual deal must happen soon, a source close to the company said.

Continue reading “IN Pipeline 20181020”

IN Pipeline 20181018 M&A


DEAL OF THE DAY: Event technology giant Cvent on Tuesday announced it bought Social Tables, the Washington, D.C.-based event technology platform founded by Dan Berger in 2011. The value of the transaction was not disclosed, but pegged by Washington Business Journal as more than $100 million.

OTHER NOTABLE DEALS

** Novartis AG will acquire U.S.-based cancer drugmaker Endocyte Inc for $2.1 billion in cash as the Swiss drugmaker expands its radiopharmaceuticals business, the companies said.

** Private equity giant Blackstone Group has quit a takeover battle for Australian office-block owner Investa Office Fund after it was gazumped by Canadian landlord Oxford Properties Group’s A$3.35 billion ($2.4 billion) bid.

** Linde said it had no knowledge of its planned merger with Praxair being given the green light, denying a media report which said the deal had passed anti-trust hurdles in the United States.

Continue reading “IN Pipeline 20181018 M&A”

Events we love: CLO Summit


Contact us at events@investornetworkdestinations.com for more information about this great event.  Or visit the following URL:

https://opalgroup.net/conference/clo-summit-2018/https://opalgroup.net/conference/clo-summit-2018/

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IN Pipeline 20181016


Contact us about our VIP Investor Network Destinations dinner at CLO Summit via

Victoria at Events@InvestorNetworkDestinations.com

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DEAL OF THE DAY:  Japanese oil refiner Idemitsu Kosan finalized a deal to buy out Showa Shell Sekiyu through a share swap in a transaction worth about $5.6 billion.

PLUS 8 OTHER DEALS

** Amazon.com Inc is likely to buy at least 7 percent to 8 percent stake in India’s Future Retail Ltd through an investment arm, CNBC-TV 18 reported, citing sources.

Continue reading “IN Pipeline 20181016”

IN Pipeline 20181012


Private Equity

DEAL OF THE DAY (As I use to be on the board of a railroad)  Italian railway group Ferrovie dello Stato said it had presented a non-binding expression of interest in ailing airline Alitalia.

** French utility Engie and a Canadian pension fund Caisse de Depot et Placement du Quebec plan to offer as much as $9 billion for Petrobras’ natural gas pipeline network, potentially a $1 billion boost from their initial bid, Bloomberg reported, quoting people with knowledge of the matter.

** Canada’s B2Gold Corp is interested in any West African asset that Barrick Gold Corp may put up for sale after its acquisition of African miner Randgold Resources Ltd, B2Gold’s chief executive said.

** ArcelorMittal, the world’s largest steel producer, has agreed to sell plants in the Czech Republic, Romania, Macedonia and Italy to Liberty House to satisfy regulatory requirements for its acquisition of Italian steelmaker Ilva.

** Britain’s Sports Direct, the sportswear group controlled by retail tycoon Mike Ashley, has agreed to buy the freehold of the Frasers department store in Glasgow for 95 million pounds ($125.7 million), it said.

** Italy could hold around 15 percent of a relaunched Alitalia, with the new company having up to two billion euros ($2.3 billion) of capital, Deputy Prime Minister Luigi Di Maio said.

** Germany’s BMW said on Thursday it will pay 3.6 billion euros ($4.2 billion) to take control of its main joint venture in China, the first such move by a global carmaker as Beijing starts to relax ownership rules for the world’s biggest auto market.

DISCLAIMER: This is a beta blog.  The information is provided by AP, Bloomberg, Forbes, Fortune, preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources. Please check with the company website or venture capital firm for a press release as this is a beta blog that does not update information.

M&A IN Pipeline 20181009


Private Equity

DEAL OF THE DAY:  Barnes & Noble’s future as a takeover target is more mystery than romance. The U.S. bookstore’s founder Leonard Riggio, who owns just shy of 20 percent of the company, wants to take the struggling $485 million chain private. Even with conservative assumptions, a leveraged buyout – at least on paper – could do well. The key is to cook up a decent ending. (Compiled by Aakash Jagadeesh Babu in Bengaluru)

** Western Australia state will sell its horse-race betting business and levy a new tax on foreign bookmakers, the state treasurer said.

** Lactalis, the world’s largest dairy firm, said it had agreed to buy the chilled dairy business of Nestle in Malaysia in a deal worth about $40 million.

** Poland’s state-run fund PFR has agreed to buy back its mountain cable car operator PKL from private equity fund Mid Europa Partners for an undisclosed sum.

** Swiss specialty chemicals maker Clariant expects to raise 1 to 2 billion Swiss francs ($2.01 billion) from selling portions of its plastics and coatings business, Chief Executive Hariolf Kottmann said in an interview with the Tages-Anzeiger newspaper.

** Nelson Peltz’ Trian Fund Management LP is evaluating a takeover bid for Papa John’s International Inc, the Wall Street Journal reported, citing people familiar with the matter.

** Chinese gaming and social media firm Tencent Holdings Ltd paid $180 million for an undisclosed minority stake in Brazilian financial technology company Nu Pagamentos SA, both companies said.