Markets & Finance

M&A News: Airbus, China Cinda, Liberty Media, ­Rosetta Resources


1. Airbus (EAD:FP) won an order from Turkish Airlines (THYAO:TI) for 82 A320-series planes worth $9.3 billion at list prices, after selling 100 single-aisle jets to Deutsche Lufthansa (DLAKY) earlier in the same week.

2. China Cinda Asset Management, one of four funds China created in 1999 to buy bad debt from banks, plans to seek about $3 billion in a Hong Kong IPO, say two people familiar with the matter.

3. John Malone’s Liberty Media (LMCA) will pay about $2.6 billion for 27 percent of Charter Communications (CHTR), betting that the formerly bankrupt cable company can thrive in the digital era.

4. Oil and natural gas producer Rosetta Resources (ROSE) will buy 53,306 acres in West Texas from Comstock Resources (CRK) for $768 million.

5. Pinnacle Foods, the Blackstone Group (BX)-owned maker of Hungry-Man dinners and Birds Eye frozen vegetables, filed to raise as much as $580 million in an IPO.

6. Japan’s biggest trading house, Mitsubishi, is buying Kirin Holdings’ domestic food flavoring unit, Kirin Kyowa Foods, for $321 million to expand in consumer businesses.

7. Cynosure (CYNO), which makes lasers for medical and cosmetic treatments, is acquiring competitor Palomar Medical Technologies (PMTI) for $294 million.

8. Melbourne-based phone company M2 Telecommunications Group (MTU:AU) will buy rivals Dodo Australia Holdings and Eftel (EFT:AU) for $251 million.

9. Blackhawk Network Holdings, a gift-card provider owned by Safeway (SWY), plans to raise as much as $200 million in an IPO, as consumers increase prepaid spending.

10. A collection of Princess Diana’s evening gowns fetched $1.2 million at auction. The one she wore while dancing with John Travolta at a White House dinner went to an anonymous bidder hoping to surprise his wife.

Photographs by Antony Nettle/Alamy (airplane); Ronald Reagan Library (Diana); Matthew Staver/Bloomberg News (Malone); Geoff Dann/Getty Images (kangaroo); Stockbyte/Getty Images (phone)
Cwinter
Winter is a reporter for Bloomberg Businessweek in New York.

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