Deal Idea: The Dow Jones Investment Banker put out its deal predictions for 2011 and said that companies in technology, pharma and industrials sectors will see particularly intense activity
TiVo (NASDAQ:TIVO) and Millicom International (MICC) could be in play. Mid-cap drug firms that can bring a revenue boost to struggling big pharmas, like Shire PLC (SHPGY) and Amarin Corp (NASDAQ:AMRN), will see bids.
Deal Idea: 3M (NYSE:MMM) should put some of its efforts into the renewable energy sector by purchasing solar efficiency leader SunPower (SPWRA), said Travis Holum of the Motley Fool. Dolby Laboratories (NYSE:DLB) should also buy IMAX, and Apple (NASDAQ:AAPL) should buy TiVo, said Holum.
Other Deal Activity:
Beckman Coulter (NYSE:BEC), a maker of diagnostic research equipment for biomedical companies, has received second-round takeover offers from a number of suitors, including names like the Blackstone Group (NYSE:BX), TPG Capital, Apollo Global Management (AGMTZ) and the Carlyle Group. (DealBook)
Newmont Mining (NYSE:NEM), the biggest gold producer in the United States, said that it had agreed to acquire Fronteer Gold of Vancouver (FRG), British Columbia, in a deal valued at more than $2 billion. (DealBook)
Two large Chicago-area hospital operators are exploring a merger in a deal that could create the largest Catholic-owned health care system in Illinois. Resurrection Health Care, which operates six hospitals in Chicago and the suburbs, has signed a letter of intent to “explore a merger” with Mokena-based Provena Health, which owns six hospitals in the suburbs and downstate. (Chicago Breaking Business)
Netherlands-based Desso Group BV, owned by NPM Capital, announced that NPM and Desso’s Management Board have the intention to sell the company to Bencis Capital Partners. (PRNewsWire)