The IPO of Twitter would determine if the microblogging site is Groupon, a bust or Google, a success.
Deals
Belgian government considers sale of BNP Paribas stake: paper
According to two business newspaper, the Belgian government had been considering to sell some of its 10.3% stake in BNP Paribas to reduce the country's debt.
Equity LifeStyle acquires Fiesta Key RV Resort
Equity LifeStyle Properties Inc. announced its acquisition of Fiesta Key RV Resort valued USD24.6 million and was paid with available cash.
I&B Ministry approves Goldman Sachs’ investment in DEN Networks
I&B Ministry of India approved the proposed investment plan of Goldman Sachs Group to DEN Networks valued USD110 million.
Ecotality Inc. files for bankruptcy
On Monday night, Ecotality Inc. filed for bankruptcy protection in the US bankruptcy court in Phoenix and said it would auction its assets.
Latest News
The largest phone company in the United States, AT&T Inc would reportedly sell its wireless towers that would fetch around USD5 billion.
Checkers Drive-In Restaurants Inc has been the latest restaurant chain that was purportedly preparing itself to go public.
According to a report by Reuters, sources said that Hilton Worldwide came up with its pricing terms on its USD5.85 billion refinancing credit that would be used to finance debt that would arise from its public offer.
Mediobanca, one of the shareholders in Telco SpA who is the majority shareholder in Telecom Italia SpA, announced the cut in its stake in the holdings company, lowering the value of the shares of the telecommunications firm.
Safeway, the grocery chain, received information as to the significant accumulation of shares of stock by an unnamed individual, requiring the company to protect itself from a hostile takeover.
Sensor machine maker Lively Inc announced that it had raised an additional USD4.8 million from the closing of its Series A funding round.
The Board of Directors of Microsoft Corp approved a new share repurchase program worth USD 40 billion.
Online communication and collaboration tools provider FuzeBox had raised USD26 in its recent funding round.
In an announcement made today, BDC Venture Capital would be investing an additional USD135 million to support Canadian companies in the healthcare sector.
