KKR & Co LP (KKR.N)
Cisco Systems Inc will buy software company BroadSoft Inc for $1.71 billion, it said on Monday, in a deal that boosts Cisco's collaboration tools and helps the company diversify its offerings away from switching and routing. | Video
FRANKFURT Industrial gases group Linde has cut the approval threshold and extended a deadline for accepting its $80 billion tie-up with Praxair , while pushing on with plans to get a green light from regulators.
(The October 22 story was refiled to show share price closed at $53.90, not $54.90, in paragraph 7)
SAN FRANCISCO, Oct 22 Cisco Systems Inc , the world’s largest networking gear manufacturer, is nearing a deal to buy U.S. telecommunications software firm BroadSoft Inc for close to $2 billion, a person familiar with the matter said on Sunday.
TOKYO U.S. hedge fund Elliott Management Corp has raised its stake in Japan's Hitachi Kokusai Electric to 8.59 percent from 7.11 percent, a regulatory filing showed, one of several such hikes since it first disclosed a stake in the firm last month.
* KKR is proposing to buy Hitachi Kokusai from parent Hitachi
TOKYO, Oct 12 U.S. hedge fund Elliott Management Corp has raised its stake in Japan's Hitachi Kokusai Electric to 8.59 percent from 7.11 percent, a regulatory filing showed on Thursday.
TOKYO KKR & Co LP has raised its offer price for Hitachi Kokusai Electric Inc to 2,900 yen a share from 2,503 yen, the Japanese firm said on Wednesday, after a U.S. hedge fund put pressure on the private equity firm to revise terms.
TOKYO, Oct 11 KKR & Co LP has raised its offer price for Hitachi Kokusai Electric Inc to 2,900 yen a share from 2,503 yen, the Japanese firm said on Wednesday, as the U.S. buyout firm revises terms deemed unsuitable for minority shareholders.
* Investors bet on long-term potential but valuations limit gains