Hicks Muse to purchase Hillsdown for $752 million

Article Abstract:

Hicks, Muse, Tate & Furst Inc. have reached an agreement to purchase Hillsdown Holdings PLC for 464 million pound sterling ($752 million). Hillsdown is a furniture, poultry, and food concern based in the UK. The deal represents Hicks Muse's most aggressive move in Europe ever. Hicks Muse also announced that it will take responsibility for Hillsdown's financial debts of $463.5 million.

Comment:

Hicks Muse to purchase Hillsdown Holdings for 464 million pound sterling ($752 million)

United Kingdom, Asset sales & divestitures, Foreign operations, Investment Companies, Open-End Investment Funds, Canned, Dried & Frozen Foods, Fruit and Vegetable Preserving and Specialty Food Manufacturing, Food, Abstract, Hillsdown Holdings PLC

---

Bain Capital is in talks to buy TI unit

Article Abstract:

Bain Capital Inc. of the United States is in advanced negotiations to acquire Texas Instruments Inc. also of the United States for approximately $2.5 billion. The financial services company is still haggling with the sensors-and-controls company over price. If the acquisition goes through it will be one of the largest technology company buyouts of the year.

Semiconductors and related devices, Financial Services, Finance and Insurance, DEPOSITORY INSTITUTIONS, Semiconductor industry, Financial services industry, Texas Instruments Inc., Company Profile, Bain Capital Inc.

---

Hicks Muse sells Pinnacle Foods

Article Abstract:

Hicks, Muse, Tate and Furst Inc. has reached a deal to sell Pinnacle Foods Corp. to J.P. Morgan Chase and Co.'s investment arm. The deal is valued at $485 million (429 million euros).

Distribution management software, Food and beverage production/distribution software, JPMorgan Chase & Co., Pinnacle Foods Corp.

Similar abstracts:

• Abstracts: Insurer Generali to buy rival Toro for $4.82 billion. France's BNP to buy U.S. lender
• Abstracts: HSBC plans to purchase Republic New York. Bank of New York agrees to buy RBS Trust Bank. Credit Suisse to shed U.K. insurer
• Abstracts: How Russia is going heavy metal: Norilsk's $6.28 billion LionOre bid raises ante in race to scoop up commodities
• Abstracts: British Petroleum to acquire Amoco in $48.2 billion deal. U.N council nears Iraq resolution
• Abstracts: Volkswagen aims to triple U.S. sales. Volkswagen sees additional gains in profit, revenue. VW launches redesigned Golf

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