DrReddys posts
FeedPosted Aug 27th 2007 9:15AM by Eric Buscemi (RSS feed)
Filed under: Newspapers, Magazines, Ford Motor (F), Home Depot (HD), Altria Group (MO)
MAJOR PAPERS:
OTHER PAPERS:
- The Washington Post reported that Home Depot Inc (NYSE: HD) has made a deal to sell its supply arm, HD Supply, for $8.5B, down from the original price of $10.3B, to a consortium of private equity firms headed by Carlyle Group, inside sources say.
- According to a sources with knowledge of the discussions, Altria Group Inc (NYSE: MO) is considering spinning off its Philip Morris International division as part of a restructuring plan to increase shareholder value, reported the New York Times.
- A Chinese technology company has expressed interest in buying Seagate Technology (NYSE: STX), reported the New York Times.
- According to senior industry analysts, Dr. Reddy's Laboratories (NYSE: RDY) is eyeing U.S. based Bradley Pharmaceuticals Inc (NYSE: BDY), which is expected to be valued at between $380M-$400M, reported the Economic Times.