The complications arise from the current bid by Vodafone Group Plc because of the increased shareholdings of Elliot Management Corp in Kabel Deutschland.
Deals
Marriott, Starwood shares increase after Wang announced acquisition of hotel chains
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 announces completed sale of Hardware Business to Nova Capital
Newell Rubbermaid Inc. announced today it had closed the sale of its hardware businesses with gross proceeds valued USD214 million.
East China petrochemical project stalls due to lack of proper site
The Taizhou project, a petrochemical complex located in East China, had stalled because of the lack of a proper location.
KKR set to purchase Panasonic healthcare unit
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.
Latest News
John Landgraf, Chief executive of FX Networks, criticized CBS and Amazon openly about their current agreement for the latter to stream episodes of new shows like "Under the Dome" days after it aired on primetime TV.
Because of the still too expensive low cost iPhone 5C, the share values of Japanese suppliers fell in the market.
Because of the uncertainty as to the result of the case filed in court, the deadline of the merger between the two airlines was sought to be extended.
Creative Learning subsidiary BFK Franchise Company, LLC had announced that it would be selling a Master Franchise to Blockheads Ltd.
After the fall of the iconic Twin Towers building in 2001 due to terrorist attacks, the city of New York had funded the reconstruction with USD250 million cash and USD1 billion sale of bonds.
The recent launch of the iPhone 5S and 5C cost about USD200 more in China than in the United States.
Verizon Communications Inc. latest corporate bond sale was expected to fetch around USD49 billion. The financial market would be expecting Verizon Communications Inc.
ALung Technologies closed its Series B-1 financing with USD 15.8 million to commercialize its Hemolung Respiratory Assist System.
Corridor Capital purchased Innovative Office Products for an undisclosed amount. Private equity firm Corridor Capital closed its acquisition of Innovative Office Products (IOP).
