According to sources, there were at least seven bidders interested in acquiring a minority stake in Italian fashion house, Versace.
Tags: Goldman Sachs
Shire to acquire ViroPharma for USD4.2 billion
London-listed drugmaker Shire announced its intention to buy U.S. pharmaceutical company for USD4.2 billion.
Royal Bank of Scotland to pay SEC USD153.7 M
The Royal Bank of Scotland entered into a settlement with the Securities and Exchange Commission amounting to USD153.7 million.
Goldman Head of Investments Banking in Asia moves stateside
Dan Dees, co-head for investments banking for Goldman Sachs Asia, would be assuming a global role for the bank in the next few months.
Morgan Stanley, UBS and Goldman Sachs bankers form new advisory venture in London
A new financial advisory services firm in London had been formed by three former bankers who had successful careers in mergers and acquisitions.
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Rupee's depreciation makes India an attractive proposition for US investors. India's top ranked takeover advisor Bank of America Corp identified the rupee's depreciation as the main factor in generating interest from US companies in setting up factories in India.
The most anticipated public listing of Twitter Inc would be led by Goldman Sachs Group Inc, said a Bloomberg report.
According to sources, Giant Tiger Stores had been exploring the option to exit the company through a sale that could fetch USD800 million.
Credit analysts said that the divestment of DONG Energy's 26% stake to two funds managed by Goldman Sachs and two Danish pension funds may lead to a reassessment of its negative credit outlook.
UBS AG’s unit would open its first hedge fund focused on Asia later this year, according to two people who were familiar with the matter.
Goldman Sachs purchases 19%, Danish pension funds ATP buys 5% and PFA acquires 2% in Dong Energy A/S, the largest utilities firm in Denmark.
By providing capital during the 2008 crisis, Berkshire Hathaway now reaps the profits in terms of Goldman Sachs stock.
A source told Bloomberg that a unit of Goldman Sachs and two Denmark-based pension funds were close to purchasing a stake in Denmark utility Dong Energy.
Sources told PeHub that Stone Point Capital was already gearing up for its sixth buyout fund. Four sources told PeHub that Stone Point Capital was already in talks with investors about the formation of its sixth buyout fund.
