Biomet to be bought by private equity group
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Orthopedic device maker Biomet Inc.   said on Monday it has agreed to be acquired by a  private equity consortium for about $10.9 billion.
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Food giant AB Foods agrees to buy the Patak's Indian food business from its founding family for an undisclosed sum.
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Business News, MELBOURNE, Financial group HHG has agreed to sell its life insurance business, including Pearl, National Provident Life and London Life, for 1.025 billion pounds to Life Company Investor Group, and plans to return 875 million pounds of the
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American Oriental Bioengineering makes an acquisition.
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Orthopedic device maker Biomet Inc.  BMET.O on Friday reported higher quarterly earnings before  acquisition charges as sales of its hip and knee replacements  increased.
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Ispat International, the steel producer controlled by the Indian billionaire Lakshmi Mittal, today announced it had agreed to buy LNM Holdings and International Steel Group in
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Biotech company buys itself a bigger future.
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Videsh Sanchar Nigam Ltd., an Indian long-distance phone company owned by the $14 billion Tata group, said it will buy Tyco International Ltd.
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Biomet Inc.  on Thursday accepted a sweetened takeover bid of $11.4 billion from a group of private equity firms after an influential shareholder advisory firm urged the orthopedic device maker's shareholders to reject the previous $10.9 billion offer.
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Private-equity firms have in recent  days been moving into prime position to buy orthopedics maker  Biomet Inc. , the Wall Street Journal reported on its  Web site on Monday, citing people familiar with the matter.
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Pay-O-Matic is the subject of a takeover by Founders Equity, a private equity firm in New York, in a deal estimated at more than $500 million.
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Acute care hospital operator Select  Medical Corp. SEM.N said on Monday it is being bought out by  a private equity group for $2.3 billion, sending shares soaring  by 24 percent.
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The unit was sold for $10.3 billion to a group of private equity firms that will take an equal stake in the company.
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British property firm Segro has agreed  to sell its U.S. life sciences real-estate business to Health  Care Property Investors Inc. for $2.9 billion as it moves to  focus on Britain and continental Europe.
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The world's leading sports management and marketing firm is to be bought by a New York  investment firm for an undisclosed fee.
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A private equity firm buys its medical-imaging division.
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A merger with Biomet would be good in many ways. But what's the right price?