DE Mastre Blenders said it would appoint Pierre Laubies as the new CEO of the company once the acquisition deal with Joh A. Benckiser was completed.
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Belgian government considers sale of BNP Paribas stake: paper
According to two business newspaper, the Belgian government had been considering to sell some of its 10.3% stake in BNP Paribas to reduce the country's debt.
Poplar Partners starts searching for potential acquisitions
Poplar Partners announced today that it had started its search for possible acquisitions in companies that have annual cash flows between USD1.5 and USD7 million.
Equity LifeStyle acquires Fiesta Key RV Resort
Equity LifeStyle Properties Inc. announced its acquisition of Fiesta Key RV Resort valued USD24.6 million and was paid with available cash.
Bank of America names new Latin America head: source
According to a source, Bank of America would appoint Alexandre Bettamio to its Latin America investment unit in Brazil.
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On Monday night, Ecotality Inc. filed for bankruptcy protection in the US bankruptcy court in Phoenix and said it would auction its assets.
Last Tuesday, Jana Partners LLC disclosed its acquisition of 6.2% stake in Safeway Inc. through a regulatory filing.
The transactions involving nontraded REITs have amounted to USD12 billion in 2013, surpassing the previous USD11.5 billion in 2007.
The IPO of Twitter would determine if the microblogging site is Groupon, a bust or Google, a success.
The largest phone company in the United States, AT&T Inc would reportedly sell its wireless towers that would fetch around USD5 billion.
Checkers Drive-In Restaurants Inc has been the latest restaurant chain that was purportedly preparing itself to go public.
According to a report by Reuters, sources said that Hilton Worldwide came up with its pricing terms on its USD5.85 billion refinancing credit that would be used to finance debt that would arise from its public offer.
Mediobanca, one of the shareholders in Telco SpA who is the majority shareholder in Telecom Italia SpA, announced the cut in its stake in the holdings company, lowering the value of the shares of the telecommunications firm.
Safeway, the grocery chain, received information as to the significant accumulation of shares of stock by an unnamed individual, requiring the company to protect itself from a hostile takeover.
