TH Lee Partners LP obtains dismissal of conspiracy charges filed against them

TH Lee Partners LP is discharged as a defendant in the case of an 'overarching' conspiracy regarding buyouts and the collusion between private equity firms.


Wal-Mart spearheads loan funding for Bangladeshi factory safety

Wal-Mart, together with other North American companies, banded together to create the Alliance for Bangladesh Worker Safety.

Pure Storage closes record setting funding round

Pure Storage was able to raise USD150 million in its latest funding round for its operational expansion in the data storage market.

Icahn may push for board seats after raising Nuance stake

Carl Icahn, the activist investor known to take major seats in companies and push for management change, had announced raising his stake in Nuance Communications Inc.


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Potbelly Corp. announced its initial public offering as it intends to raise USD75 million to pay a previously declared cash dividend.
According to sources, CSN might call off the deal with German steelmaker ThyssenKrupp if the its Alabama plant would not be included in the offer.
KPN foundation had intervened to block the EUR7.2 billion America Movil-KPN deal to safeguard the group's stakeholders.
L'Oreal CEO Jean-Paul Agon said that the company would be ready to buy Nestle's stake in the company which was valued at EUR22 billion.
Blackberry, the leading mobile device in India, had announced selling its global operations unit but would remain business as usual to ease fears of Indian users.
Global Founders Capital announced today its first round of investments in three online startups which totaled over USD5 million.
Foursquare started discussions with multiple large technology companies about a possible strategic investment.
Vodafone Group planned a stake sell from its holdings in Verizon Wireless valued more than USD100 billion.
Two of the three bidders for BondDesk Group LLC have been identified. Tradeweb and MarketAxess, two of the leading institutional fixed-income trading platform providers, are two of the three bidders for BondDesk Group LLC.
The Carlyle Group and Townsend Group co-invested USD 200 million in a strategic partnership with Shanghai Yupei Group for a logistics platform in China.