Punch Tavern's bondholders rejected the latest proposal for debt restructuring. (Photo : Reuters)The image is a pub goer enjoying a pint. United Kingdom pub operator Punch Taverns Plc had earlier proposed a restructuring plan for its GBP2.
Archives
Clearwire Board Recommends Dish Offer Over Sprint
The board of Clearwire Corp. recommends the proposed bid from Dish over Sprint Nextel even before the hostile bid was raised.
CFO: Royal Bank of Canada Looks for C$5 Billion Wealth Acquisitions
Royal Bank of Canada announced looking for C$5 billion wealth acquisitions according to its CFO, Janice Fukakusa.
UPDATE: Clearwire Urges Acceptance of Dish Offer to Shareholders
Clearwire Corp's board has urged its shareholders to accept the offer proposed by Dish priced at US$4.40 over the US$3.40 offer from Sprint.
Coty Inc To Do IPO At A Discount
Coty Inc, the perfume maker to the elite, is undertaking an IPO that is below market value with many provisions.
Latest News
Virgin Money exploring IPO of Northern Rock. (Photo : Reuters)The image is the logo of Virgin Money. The bank that purchased Northern Rock Plc, Virgin Money Holdings UK, is in the process of searching for advisers to provide assistance for its initial public offer.
Chevron Phillips is planning a growth program in the Middle East. (Photo : Reuters)The image is the corporate logo of Chevron Phillips. The petrochemical joint venture between US oil firm Cheveron Corp and oil refiner Philips 66, Chevron Phillips Chemical Co, is now exploring ways to increase its presence in the Middle East.
Apollo Tyres purchases the shares of Cooper Tire and Rubber to create the seventh largest tire company in the world.
Fitch ratings warns Vodafone of the effect should the British firm purchase Kabel Deutschland. (Photo : Reuters)The image is the frontage of the corporate headquarters of Fitch Ratings.
WorldDesk received $1.25 million from investors including North Irish investment firm Lough Shore Investments in line with the laun
ClearLight Partners sold The Outsource Group to Parallon Business Solutions. (Photo : Reuters )Reuters/Ipsos polling reveals a remarkably high level of approval for nearly all the provisions of the act, often in the 80 percent range, despite opposition of respondents to the ClearLight Partners LLC, a private equity firm based in Newport Beach, California, agreed to sell The Outsource Group to a subsidiary to HCA Holdings called Parallon Business Solutions.
SEO company Conductor Inc. named Jin Caci as its new chief financial officer. (Photo : Reuters)The image is a whole floor of computers in a network. Search engine optimization services provider Conductor Inc.
Nimesh Shah, a former Deutsche Bank researcher and venture capital investor, is named as partner at VC company Domain Associates.
Anacor received a $45 million loan from Hercules Technology Growth, divided into three tranches. (Photo : Reuters)The image is a drug packaging machine in action.
