Deals
UltraTech to acquire JP’s Gujarat cement plants
UltraTech had agreed to buy Gujarat cement plants from Jaypee Cement Corp. valued at INR3.8 billion.
Royal Mail gets GBP1.4 billion ahead of IPO
Britain's Royal Mail had received GBP1.4 billion in credit facilities according to a Sky News Report on Tuesday.
TradeWeb set to acquire BondDesk
For USD200 million, TradeWeb would be acquiring BondDesk. Tradeweb, the fixed income trading platform provider is deep in discussion for the buyout of BondDesk Group LLC.
Rates for loans to cover Vodafone buyout bared
The rates for the loans engaged by Verizon Communications to pay off the 45% Vodafone ownership in the Wireless venture was recently released.
Latest News
Veeva Systems Inc. announced filing a registration statement with the US Securities Exchange Commission for a proposed IPO.
Furniture Brands International Inc. won an approval for bankruptcy financing in a hearing held today at Wilmington, Delaware.
BlackBerry Ltd. was scheduled to meet with Canadian lawmakers to discuss the Investment Canada Act as investor concerns increased that a domestic buyout of the struggling company would no longer be possible.
Shares of Marriott International Inc. and Starwood Hotels & Resorts Worldwide Inc. had increased following the announced acquisition of hotel chains by Dalian Wanda Group's Wang Jianlin.
Newell Rubbermaid Inc. announced today it had closed the sale of its hardware businesses with gross proceeds valued USD214 million.
The Taizhou project, a petrochemical complex located in East China, had stalled because of the lack of a proper location.
KKR contemplating partnership with INCJ for the purchase of Panasonic's healthcare unit. Private equity firm KKR, according to sources with knowledge of the transaction, is contemplating if it would enter into a partnership agreement with state supported Innovation Network Corporation of Japan.
The buyout firm is now the second largest shareholder in News Corp after mogul Rupert Murdoch. CORRECTED: Reference of Southeastern Asset Management as a hedge fund when it is a global investment management firm.
The complaints from Fire Island residents post Hurricane Sandy was the reason that Verizon started to change its tune on its actions.
The complications arise from the current bid by Vodafone Group Plc because of the increased shareholdings of Elliot Management Corp in Kabel Deutschland.