Mergers and acquisitions

  • Updated: March 24, 2013 - 1:59 PM

3/18 DataBank Holdings has acquired VeriSpace, a provider of data center infrastructure, communications and related services.

3/18 U.S. Bancorp will acquire the municipal bond trustee business of Deutsche Bank. The transaction will add about $57 billion to the assets currently under management within U.S. Bank’s corporate trust division.

3/18 Two Harbors Investment Corp. will distribute all 17.8 million shares of Silver Bay Realty Trust to its stockholders.

3/21 Mosaic will form a $7 billion joint venture with Saudi Arabian Mining Co. and Saudi Basic Industries Corp. to mine phosphate rock and process it into fertilizer. Mosaic will hold a 25 percent interest in the joint venture, located in northern Saudi Arabia.

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