Winnebago Industries gets takeover proposal from North Street Capital
18 May 2012 - US recreation vehicles (RV) maker Winnebago Industries Inc (NYSE:WGO) said on Friday it had received a USD11.00 (EUR8.70) a share unsolicited takeover proposal from private equity firm North Street Capital LP, but so far no formal offer...

IRS rules in favour of Kraft Foods' planned spin-off
18 May 2012 - Kraft Foods Inc (NYSE:KFT) said on Friday the US Internal Revenue Service (IRS) had given its consent to the tax-free spin-off of its North American grocery business to shareholders.After the separation, announced last August, the North...

Goldman Sachs to help sell German textiles trader
18 May 2012 – US investment bank Goldman Sachs (NYSE:GS) has been selected by the family that owns German textiles exporter Schustermann & Borenstein GmbH to manage the divestment of the company, Reuters reported today, quoting two sources....

AIG Century raises buyout offer for AIRE
18 May 2012 - AIG Century GmbH & Co KGaA, part of US insurance major American International Group Inc (NYSE:AIG), said on Friday it had increased its voluntary offer to take full control of German real estate investor AIRE GmbH & Co. KGaA (FR...

Viasystems gets HRS clearance for acquisition of DDi
18 May 2012 – US chipmaker Viasystems Group Inc (NASDAQ:VIAS) and its takeover target DDi Corp (NASDAQ:DDIC) announced on Friday that the waiting period under the Hart-Scott-Rodino (HRS) act for their USD268m (EUR210.8m) tie-up had expired.Thus...