Deals
Air France-KLM Group board reviewing bid for Alitalia
A bid for Alitalia was being reviewed by the Air France-KLM Group. The board of directors of Air France-KLM Group would meet on Sept. 23 to determine whether a bid for majority ownership over Alitalia SpA would be made.
United Utilities shares increase on forecast revenues
The forecast of increased revenues and profits had the share prices of United Utilities increase significantly.
Swedish Finance Minister reiterates need to increase regulation over banks
Sweden's Finance Minister Anders Borg advised banks of a future of stricter administrative rules over their operations.
AppDynamics founder builds for the cloud and mobile market after investors infusion
Jyoti Bansal, founder of AppDynamics, have built a company that helps firms manage their high volume data.
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The Re/Max Holdings IPO projected the revenues earned to reach USD241.5 million. The franchiser of real estate brokerages, Re/Max Holdings Inc. had filed documentation to raise as much as USD241.
The unions working for AMR Corp, the parent of American Airlines, and US Airways conducted a forwarded their displeasure on the suit filed by the antitrust division of the Justice Department.
Google has made a 'significant' investment in Calico, a company designed Google had announced its plans to form a new company to be named Calico.
In order to save the debt of Telecom Italia from being downgraded to junk status, a future with Telefonica SA seems to be the best option available for the Italian telecommunications firm.
Goldman Sachs Investment Partners started a new Asian fund named Oryza Capital early this month, according to sources.
On Wednesday, GMR Infrastructure announced it had sold its stake in its highway construction unit to India Infrastructure valued INR222 million.
East West Bancorp and MetroCorp Bancshares Inc. announced today the signing of a definitive agreement for the merger of MetroCorp into East West.
According to sources, NewStar Financial Inc. had been looking on a possible sale and hired Credit Suisse Group to solicit offers.
Today, Walker Digital and GlobalOptions Group announced that the two firms had completed its previously agreed merger which formed the new entity called Patent Properties Inc.
The Hutchins Family Foundation is donating USD15 million for the establishment of the Hutchins Center for African and African American Research.