Before Ares Management LLC moved to the major leagues of private-equity with the $6 billion takeover of luxury retail chain Neiman Marcus Inc., it counted the $1.65 billion buyout of GNC Holdings Inc. among its biggest deals.
American Tower Corp., the biggest operator of cellular towers in the U.S., agreed to acquire the parent company of rival Global Tower Partners for about $3.3 billion, giving it thousands of additional wireless sites as the appetite for next-generation services grows.
SodaStream International Ltd., the Israeli home soda-machine maker, rallied to the highest level in almost two years after Barclays Plc boosted its price estimate by 82 percent on prospects that sales will increase.
SodaStream International Ltd. rose to the highest level in three weeks in New York on prospects a partnership with Samsung Electronics Co. will help the Israeli company beat analysts’ revenue estimates this year.
SodaStream International Ltd., the Israeli maker of home soda machines, surged the most in 11 weeks after boosting its revenue outlook for 2013 and reporting second-quarter earnings that beat analysts’ estimates.
Options traders are boosting bets that SodaStream International Ltd. shares will fall after an eight-month rally in the Israeli producer of homemade soda machines pushed valuations to seven times the Standard & Poor’s 500 Index.
Delek The Israeli Fuel Corp. headed for the biggest surge in more than four years after a related company offered to pay a premium for all outstanding shares, a step that will help Delek Group Ltd. simplify its structure.