JCPenney returns shares and board seat in Martha Stewart Living

In a bid to get past the Macy's suits filed against the retailer and Martha Stewart, JCPenney had decided to amend the agreement it had entered into with Martha Stewart Living Omnimedia.


New offers made for Kerimov's Uralkali stake

After the collapse of the Belarussian venture, Kerimov is considering offers from other parties as to his stake in potash producer Uralkali.

Riverstone Energy to increase IPO volume

According to demand, Riverstone Holdings would increase the IPO volume of Riverstone Energy. A demand from buyers for the minimum GBP670 million or USD1.

Birmingham City squelches rumors of sale

While there was an offer made for the club, Birmingham City management said that there were 'no immediate plans' to sell.


Latest News

Keppel REIT's shares were sold off by sovereign wealth fund Temasek Holdings. Singapore's state owned investment firm, Temasek Holdings Pte, had disposed of its stake in office real estate firm Keppel REIT.
Starbucks Corp's newest innovation would be to connect and network the suppliers to the coffee shop chain.
Canadian Prime Minister Stephen Harper had removed many hurdles for US and European investors in Canadian enterprises.
Teads closed its Series A investment round with USD 5.2 million from Partech Venture and Elaia Partners.
Sideris Pharmaceuticals Inc received USD 32 million in capital commitments in its Series A funding round.
Aside from the monetary penalties, the Attorney General required some form of admission of criminal liability on the part of JPMorgan.
Google Inc confirmed reports of it acquiring French startup FlexyCore, the maker of Android performance booster technology DroidBooster.
Canso Select Opportunities Fund closed its Toronto IPO with USD 90 million. Lysander Funds Limited announced that its Canso Select Opportunities Fund completed its initial public offering at the Toronto Stock Exchange today.
Blackstone Group and GIC agreed to buy a 28.5% stake each in Rothesay Life, the European insurer of Goldman Sachs.
Bill Gates bought a 6% stake in Spain's FCC for EUR 113.5 million. Billionaire Bill Gates had purchased a 6% stake in Spain-based construction firm Fomento de Construcciones & Contratas or FCC.