Archives

Sprint Shareholders to Get Cash in SoftBank Takeover

Sprint investors preferred to get cash rather than stock after the takeover bid by SoftBank won approval from the Federal Communications Communication last week.


Jones Group Hires Citi To Explore Possible Sale

Jones Group, parent company of Nine West hired Citigroup to explore possible sale Jones Group, parent company of Nine West, is at the early stages of sending out feelers to private equity and industry player about intents on putting the company on sale.

NRG Energy Announces the Initial Public Offering of NRG Yield

NRG Energy Inc announced today the initial public offering for its wholly owned subsidiary, NRG Yield.

NSW State Aims To Sell Heritage Buildings

The NSW state government expressed their intent to sell heritage building in Sydney New South Wales state government expressed their intent to sell two of Sydney's most significant heritage buildings as it enters the second round of property sales.


Latest News

Mylan’s acquisition of a unit at Strides Arcolab Ltd announced July 8 was deferred by Indian regulators.
Moelis & Co decided to pay US$35 million to its investors and employees that held a stake in the firm.
Tesla Motors is set to transfer from the NYSE to the NASDAQ while Oracle Corp. does the opposite. The best-performing car manufacturing stock this year, Tesla Motors Inc.
Eli Lilly Chairman, John Lechleiter has returned to work after heart surgery. Chairman and Chief Executive Officer of Eli Lilly & Co. , John Lechleiter returned to his positions full-time after undergoing a heart surgery to fix a heart defect in May.
Three bidders in a race to purchase Hulu Hulu attracted three bids worth over US$1 billion from interested companies. The bidders include the partnership of AT&T and Cherin Group.
Last Monday, LVMH announced an 80% acquisition deal of Loro Piana priced at Eur2 billion. On Monday, LVMH said that it has acquired 80% of Loro Piana, an Italian luxury cashmere clothing brand.
Starboard announced that they were able to acquire a 6.9% stake in Emulex Starboard Value LP announced that they acquired a 6. 9% stake in Emulex Corp.
Nissan has completed its plans to revive the Datsun, whose operations previously ended in the 1970's.
Michael Dell has received support from Institutional Shareholder Services Inc. for the $24.4 billion acquisition of his company.
The U.K. Chancellor of the Exchequer has supported tougher rules for the banking industry George Osborne, U. K. Chancellor of the Exchequer, has supported tougher rules for the banking industry.