DLF announced that it is entertaining private equity firms after ending the talks to sell Aman Resorts with Zecha.
Deals
Investment duo buys India's Portea Medical
K Ganesh and MeenaGanesh have announced they they have bought Portea Medical. K Ganesh and MeenaGanesh, both Serial tech entrepreneurs, announced that they have acquired Portea Medical, a New Delhi-based healthcare firm.
India's Wildcraft Inc. looks to private equity firms for funding
Wildcraft Inc. announced that it is looking to raise up to INR75 crore to finance its expansion programs.
Oman's Sembcorp to hold its IPO in September
Sembcorp Salalah Power and Water Company stated that it was now preparing for its IPO in September. Oman's Sembcorp Salalah Power and Water Company announced that it is preparing to float an initial public shares offering in September of this year.
Rothschild and Moelis & Co to handle Publicis & Omnicom deal
Publicis and Omnicom hired New York based Moelis & Co and the Paris-based adviser Rothschild for their merger.
Latest News
A survey by Jones Lang LaSalle reported that private equity investments into Europe by large funds have reached their highest levels since 2007.
Samsung appointed a new African CEO and boosted capital spending. There were several notable events in Samsung recently. One of which was appointing a new CEO for Africa.
The US FTC updated its 2012 advertising guidelines and sent a letter warning Google, Yahoo, Microsoft, and other internet search companies to follow or be fined.
Peter Loescher, the first outsider to lead the company will be leaving Siemens soon. Peter Loescher, chief executive of Siemens and the first outsider to lead the company, will be leaving the company four years ahead of his end of contract.
Google's mess in China should concern the company as it brings risks of being used as a blueprint in the US.
Google discontinued its Chromecast-Netflix subscription promo after receiving "overwhelming demand".
Zynga CEO Don Mattrick planned to start his first 90 days assessing and reviewing the entire business.
Microsoft built too many RT surface, according to Microsoft CEO Steeve Ballmer. Steeve Ballmer, Microsoft CEO, admitted that the company overproduced the Surface RT tablet.
Google planned to shut down its Google Shopper app. Google announced its plan to shut down Google Shopper app on August 30. Earlier, Google+ Local app was also shut down by the company a few weeks ahead of schedule.
