Markets & Finance

Citigroup Agrees to Acquire KorAm Bank

Citigroup (C) agrees to acquire Korea's KorAm Bank for $2.7 billion. (2/23)

PeopleSoft (PSFT) asks shareholders to reject Oracle's (ORCL) takeover proposal. (2/23)

Cognizant Technology (CTSH) agrees to acquire Ygyan Consulting, an India-based SAP services provider. (2/23)

France Telecom (FTE) launched a cash-and-share bid valued at around 3.9 billion euros ($4.88 billion) for the 29.4% of Wanadoo it doesn't already own. (2/23)

Johnson Outdoors (JOUT) gets a non-binding $18 per share buyout offer from majority holder Samuel Johnson and Chairman and CEO Helen Johnson-Leipold. (2/20)

A private-equity company controlled by Microsoft (MSFT) co-founder Paul Allen agrees to buy Plains Resources (PLX) for $16.75 per share. (2/20)

A private equity fund managed by Tailwind Capital Partners agrees to buy Trover Solutions (TROV) for $7 per share. (2/20)

International Aluminum (IAL) retains financial advisor as it mulls the sale of all or part of the company. (2/18)

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