Iress to buy UK data provider Avelo FS Holdings

Iress to buy UK data provider Avelo FS Holdings

The Australian Financial markets technology provider Iress has launched a $206 million rights issue to fund a push into the UK market through the 210 million pound ($362 million) purchase of Avelo FS Holdings. Posting a 5.8 per cent fall in first-half net profit to...
CSC buys Austin’s Infochimps to delve deeper into ‘big data’

CSC buys Austin’s Infochimps to delve deeper into ‘big data’

Austin Business Journal Cloud services provider Infochimps Inc. has been acquired by a giant based in Virginia. Computer Sciences Corp. bought Austin-based Infochimps, but the company hasn’t issued an announcement. On Tuesday, Infochimps CEO Jim Kaskade posted a...
China’s Beijing Auto buys smaller rival to boost production

China’s Beijing Auto buys smaller rival to boost production

Reuters China’s state-owned vehicle manufacturer Beijing Automotive Group Co Ltd said on Wednesday it had agreed to buy smaller domestic firm Zhenjiang Automobile to help it meet its target to double production by end-2015. Beijing Auto did not disclose the...
ADM wins Korean approval for GrainCorp deal, needs China

ADM wins Korean approval for GrainCorp deal, needs China

Reuters Archer Daniels Midland Co said on Wednesday that South Korea had cleared the grain trader’s takeover of GrainCorp Ltd, leaving China and Australia as the last two countries that need to approve the deal. The Korea Fair Trade Commission became the seventh...
KKR to buy second clinical trials company this year

KKR to buy second clinical trials company this year

Reuters KKR & Co LP said on Wednesday it had agreed to acquire ReSearch Pharmaceutical Services Inc (RPS) from private-equity peer Warburg Pincus LLC, marking its second announced investment in a global contract research organization in as many months. Terms of...
Liberty Property to Buy Cabot Fund Partnership for $1.25 Billion

Liberty Property to Buy Cabot Fund Partnership for $1.25 Billion

Bloomberg Liberty Property Trust, a Pennsylvania-based industrial landlord, agreed to buy the operating partnership of a private real estate fund for about $1.25 billion to add properties and expand into new markets. The acquisition of the Cabot Industrial Value Fund...