Profitloss Centerstage Events

A deal between Roche and the Intermune took centerstage on Sunday, 24 August 2014 among all major events across the globe, and remains the highlight of this week's list of center stage events.
Picture Courtesy: Profit loss

Centerstage events of week 3

Lear Corp. is in the final stages of acquiring Eagle...

Lear Corp. is in the final stages of acquiring Eagle Ottawa, the world's largest supplier of premium automotive leather, for over $800 million. This move will strengthen Lear's position in the automotive industry, particularly in the luxury segment.

Monday, 18 August, 2014

Infineon Technologies agrees to acquire International Rectifier for about $3...

Infineon Technologies agrees to acquire International Rectifier for about $3 billion, signaling a trend of consolidation in the semiconductor sector. The deal between the two mature semiconductor companies reflects the benefits of acquiring smaller players in the market, which has over 300 specialized suppliers.

Tuesday, 19 August, 2014

Thailand's National Assembly elects coup leader General Prayuth Chan-ocha as...

Thailand's National Assembly elects coup leader General Prayuth Chan-ocha as the country's Prime Minister, solidifying his position following the military coup.

Wednesday, 20 August, 2014

Russian oil giant Rosneft deepens its ties with North Atlantic...

Russian oil giant Rosneft deepens its ties with North Atlantic Drilling by acquiring a 30% stake in the New York-listed oil-services firm. Despite Western sanctions limiting Moscow's access to Arctic-drilling technology, Rosneft continues to strengthen its capabilities through partnerships and acquisitions.

Thursday, 21 August, 2014

Private-equity firm Oak Hill Capital Partners reaches an agreement to...

Private-equity firm Oak Hill Capital Partners reaches an agreement to acquire Berlin Packaging for $1.43 billion, including debt. Oak Hill emerges as the successful bidder among other private-equity firms, securing the Chicago-based company known for its distribution of plastic, glass, and metal containers.

Friday, 22 August, 2014

Swiss drugmaker Roche agrees to acquire American drugmaker InterMune for...

Swiss drugmaker Roche agrees to acquire American drugmaker InterMune for $8.3 billion, aiming to expand its presence in the treatment of rare and incurable diseases. This move allows Roche to diversify its portfolio beyond cancer drugs and capitalize on InterMune's expertise in respiratory treatments. Roche's previous efforts in non-cancer drugs have seen mixed results, prompting this strategic acquisition.

Saturday, 23 August, 2014

Burger King agrees to acquire Tim Hortons, a Canadian coffee...

Burger King agrees to acquire Tim Hortons, a Canadian coffee giant, for $11.4 billion. The fast-food giant plans to relocate its headquarters to Canada as part of the deal, aiming to benefit from lower corporate taxes and expand its presence in the breakfast market.

Sunday, 24 August, 2014