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Restaurant chain Benihana to go private for $296 million

Japanese-themed restaurant chain Benihana Inc plans to go private in a $296 million deal with investment adviser Angelo Gordon & Co


China faces "invisible impediments" in Europe - CIC

China faces "invisible impediments" to investing in some parts of Europe, with Europeans nervous about allowing it to move into sectors such as nuclear power, a senior official at China's sovereign wealth fund said on Tuesday.

China plans brokerage reforms to create its own Goldman Sachs

China is rolling out sweeping brokerage reforms to nurture future global investment banks that officials hope could eventually compete with the likes of Goldman Sachs and Morgan Stanley, a regulatory document showed.

India's Unitech denies Blackstone asset sale report

Unitech, India's No. 3 property developer, on Wednesday denied a newspaper report that it was in talks to sell three of its assets for about 30 billion rupees ($541 million) to U.S. private-equity firm Blackstone.


Latest News

SAP has announced a $4.3 billion takeover of Ariba to expand its cloud computer services. SAP, the German business software giant, has announced a $4. 3 billion takeover of Ariba to expand its cloud computer services.
European scientists are testing robot “fish” which can detect pollutant at the Northern Spanish port of Gijon on Tuesday, according to Reuters.
Harris Williams & Co. Advises Silverchair Learning Systems, LLC in its Sale to Vista Equity Partners.
American Spectrum Realty, Inc. is in discussion with several parties to sell or spin-off to one or more joint venture partners its property management and tenant-in-common (TIC) businesses.
Facebook's lackluster initial public offering performance is a black eye for many on Wall Street and could have ramifications for similar upcoming deals such as an offering by Twitter.
Private equity group Bridgepoint has hired Morgan Stanley to sell Aenova, hoping to get more than 400 million euros ($510 million) .
mergers under review by the European Commission and a brief guide to the EU merger process. The following are mergers under review by the European Commission and a brief guide to the EU merger process:APPROVALS AND WITHDRAWALSNoneNEW LISTINGSNoneEXTENSIONS AND OTHER CHANGES-- Finnish group Outokumpu to acquire German group ThyssenKrupp's Inoxum stainless steel unit (notified April 10/deadline extended to Sept.
Morgan Stanley expressed caution of Facebook’s revenue in the filing of an amended prospectus with U.S. Securities and Exchange Commission(SEC).
Private equity firm CVC Capital CVC.UL has sold a $1.6 billion stake in Formula One to three investors.
Bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies. The following bids, mergers, acquisitions and disposals involving European, U.