Hilton Worldwide names pricing terms on its new USD5.85 billion loan - sources

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 unilaterally cut its stake in Telco SpA affecting Telecom Italia

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 does 'poison pill' defense against possible takeover

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.

Lively raises another USD4.8 million in Series A funding, simplifies market strategy

Sensor machine maker Lively Inc announced that it had raised an additional USD4.8 million from the closing of its Series A funding round.


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In an announcement made today, BDC Venture Capital would be investing an additional USD135 million to support Canadian companies in the healthcare sector.
Burberry projects growth in the Chinese market to continue despite government crackdown on luxury goods.
Pharmaceutical company Chiesi Farmaceutici SpA agreed on Monday to acquire the remaining stake it does not own in Cornerstone Therapeutics Inc for USD9.5 per share in cash.
The 'grey market' is a good gauge of the market's interest in an IPO and Twitter is gaining 'high interest'.
Leap Wireless International Inc shareholders would meet next month to vote on AT&T's planned acquisition of the prepaid wireless carrier.
Huntsman Corp said it would be buying the titanium dioxide pigment business of Rockwood Holdings for USD 1.1 billion.
The Children's Investment Fund proposed to the European Aeronautic, Defence & Space Co to distribute its Dassault Aviaton stake to its shareholders.
A USD11 million Series B funding round was closed by PubNub with known technology investors. The only global Real-Time Network, PubNub recently announced it had closed a Series B funding round raising USD11 million.
Sun Capital Partners, headed by Marc Leder, was reportedly interested in placing a bid on The Jones Group's department stores.
A settlement was reached between a consortium of banks and liquidators over the current legal dispute over the collapse of the Bell Group of Australia.