MERGERS/DEALS

martes 15 de enero de 2008 22:09 CET
 

** Japanese confectionery maker Meiji Seika Kaisha Ltd 2202.T said it will purchase a 22 percent stake in drinks manufacturer Pokka Corp from domestic funds Advantage Partners and CITIC Japan. Financial terms and other details about the terms of the deal were not disclosed. [nT233347]

** Video game publisher THQ Inc THQI.O said it plans to acquire privately held Big Huge Games, a development studio focused on the role-playing game segment, without disclosing financial terms. [nBNG263215]

** Private equity firm Sun Capital Securities Group LLC took its hostile bid for Kellwood Co KWD.N, owner of clothing brand Baby Phat, straight to shareholders, beginning a tender offer to buy all outstanding shares of the company for $21 each. [nN15478010]

** Top U.S. box office service Ticketmaster said that it would buy TicketsNow Inc, a Web site that resells tickets to concerts and sports events, in a bid for a stronger foothold in the secondary tickets market. [nN15507174]

** Software maker VMware Inc (VMW.N: Cotización) said it agreed to buy privately held Thinstall to expand its desktop virtualization capabilities. [nWNAS6491]

** Essar Oil Ltd ESRO.BO, India's second-biggest private oil firm, said it had entered an agreement to acquire 50 percent of Kenya Petroleum Refineries Ltd from Shell (RDSa.L: Cotización), BP (BP.L: Cotización) and Chevron (CVX.N: Cotización). [nBOM66724] (Compiled by Sharangdhar Limaye and Sreerupa Mitra in Bangalore)