Former Warner Music Group executive Michael Fleisher, who had experienced leading public listings, was appointed by Wayfair LLC as its new chief financial officer.
Deals
Merlin is seeking to raise funds through an IPO to fund Legoland Dubai
Legoland Dubai's main promoter is seeking to raise funds through an IPO set in the London Stock Exchange.
Uniqa Insurance to acquire Baloise Holding's units in Croatia, Serbia
Uniqa Insurance would be purchasing Baloise Holding's Croatian and Serbian units in a deal worth EUR 75 million.
Meridian Energy IPO set to raise USD1.7 billion - sources
The initial public offering of Meridian Energy Ltd could raise up to NZD 2 billion. Two people who were familiar with the matter said the government of New Zealand would stand to gain in the public listing of state-owned Meridian Energy Ltd.
Wayfair hints at another financing round
Wayfair LLC Chief Executive Officer Niraj Shah had disclosed that it would be holding a venture capital round soon.
Latest News
Reckitt Benckiser Group Plc would be reviewing options for its pharmaceutical business, including a potential exit, according to a Bloomberg News report.
The New York State Department of Financial Services, the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency had approved the merger of US banks Provident New York Bancorp and Sterling Bancorp.
New Martha Stewart-JC Penney partnership leaves out former's home goods products due to Macy dispute
JC Penney Co Inc and Martha Stewart Living Omnimedia said that its partnership agreement would be leaving out Martha Stewart-branded cookware, bedding and bath products that had been exclusively designed for Macy's Inc.
Itqan Capital and partner D3 Consultants unveiled plans to launch an education-focused private equity fund in the Gulf region.
Telekom Austria, Deutsche Telekom and Hutchison Whampoa's Three have cornered the majority of the LTE spectrum in the region.
With its consortium, Petrobras leads to extract the oil from the Libra pre-salt mine. A consortium led by Petroleo Brasileiro SA had landed a license to develop the largest oil discovery in Brazil under terms that had exceeded projections.
Achilles Macris, former CIO of JPMorgan, said he was denied due process for he was denied the opportunity to respond to the allegations.
A soon to be named company would comprise of 7,300 miles of pipeline and storage and trucking facilities.
In a letter to presiding judge Sam Glasscock III, Apollo Tyres lawyer sought the dismissal of the case filed against them by Cooper Tire & Rubber Co.
