In my earlier article, I have mentioned the main contrast between merger and acquisition.
Merger encompassed a combination of two friendly and almost equaled size entities. It is the willingness of the parties concerned to merge unlike a hostile takeover or acquisition.
In a merger, the parties concerned normally form a new joint venture entity with the […]

Landmark is trying to kill two birds with one stone by proposing to place new shares of Rm45.5 million based a price of Rm1.54 per share  to fend off a takeover and to reduce its debt .This amount represents one tenth of its net borrowing. Based on 8.25% interest rate, there might leads to an estimated interest […]

Continued from my earlier article on the hostile takeover by Oji Paper;
Reported in The Star (3/8/06)
 
“A hostile takeover battle between two Japanese paper makers is causing headaches for the country’s second biggest bank, Mizuho Financial Group, which has ties to both companies as both a primary lender and shareholder.”

To add more headaches,  the banker also […]

Reported in The Business Time (4/8/06)

“Debt funding for Asian buyouts has exploded this year and bankers expect borrowing activity to intensify as a growing flow of private equity seeks returns from leveraged buyouts in the region.

Buyout houses such as Kohlberg Kravis & Roberts and Carlyle Group are among a growing number of investors to set […]

Reported in The Business Time (4/8/06)  regarding Carlyle’s proposed US$375 million (RM1.38 billion) takeover of Xugong Group Construction Machinery Co.
The interesting part of this deal:

it represents China’s first leveraged buyout;
though, China receives about US$40 billion (RM147 billion) a year in foreign investment, the proposed foreign takeover of established companies is a relatively new phenomenon and […]