Diageo seeks sale of Burger King unit in leveraged buyout

Article Abstract:

Diageo PLC is seeking to divest its Burger King subsidiary in a leveraged buyout. Diageo, which is speeding up a comprehensive turnaround strategy, hopes to be able to sell the unit within a year's time.

Burger King Corp., Diageo PLC

---

Adidas-Salomon debt may fund bid for Top-Flite

Article Abstract:

Adidas-Salomon AG carried out a convertible bond issue valued at 400 million euros. The funds from the issue will be used to finance the company's acquisition bid for Top-Flite Golf Co.

Acquisitions & mergers, Securities issued, listed, Mergers, acquisitions and divestments, Company acquisition/merger, adidas-Salomon AG, Golf equipment industry, Sporting goods industry, Athletic shoe industry, Company securities, Company business planning, Top-Flite Golf Co.

---

Nordsee postpones IPO amid softness in European market

Article Abstract:

Nordsee AG will postpone its initial public offering (IPO) due to a soft European market. Nordsee is a fish restaurant chain based in Germany.

Nordsee AG

Similar abstracts:

• Abstracts: Diageo's sale of Spanish stake to stir interest. European Telecom deals heat up. Spanish telecom climbs back from edge of extinction
• Abstracts: Bumper crop of earnings. Two Chinese developers build foundations for profit base
• Abstracts: Top of the heap in Asia. Hutchison adds to cash pile
• Abstracts: Nestle is offering new concessions. Suedzucker buys rival Saint Louis for 1.6 billion euros. Nestle may buy ice-cream unit of Suedzucker

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.