Orange has announced that it is considering the sale of shares to improve its capital structure. Orange, originally known as France Telecom, announced that it is now considering selling its operations in the Dominican Republic.
Deals
Pinstripe merges with Ochre House
Pinstripe Inc. announced its merger with Ochre House. Pinstripe Inc. announced that it had now merged with Ochre House. Brookfield-based Pinstripe is a recruitment process outsourcing company while Ochre House is a London-based talent management and recruitment outsourcing company .
Locke adds 54 petrol sites to his gas empire
Locke announced that, together with Patron Capital Partners, it had added 54 petrol sites to their gas station portfolio
Coller Capital to buy stake in DLJ
Sources said that Coller Capital is buying shares of DLJ Merchant Banking Partners. Sources revealed that Coller Capital Ltd. is currently in discussions to purchase Credit Suisse Group AG's shares of DLJ Merchant Banking Partners.
Men's Wearhouse acquires Joseph Abboud for US$98 million
Men's Wearhouse announced that it had acquired Joseph Abboud in a deal worth US$98 million. Men's Wearhouse anounced that it had acquired Joseph Abboud, New Bedford-based suit maker, for US$98 million.
Latest News
India's ASK Group stated it is launching a US$200 million fund that is to be invested in the country's top five cities.
Verizon Wireless was scheduled to introduce its installment plans to its customers on August 25. On Thursday, Verizon Wireless stated that it would join AT&T and T-Mobile in making installment plans for its available phones.
International Hotelier Hilton Worldwide is looking at the possibility of expanding its presence in Indonesia.
Prospera Financial Services acquired TCA Financial Group LLC. Prospera Financial Services announced the acquisition of TCA Financial Group, LLC. TCA was founded in 2004 and has been attached to several professionals and financial advisers.
Zynga IPO caused investment supply and demand mismatch as many investors turned their backs on the games market.
LG Electronics awards Blue Earth Inc. subsidiary, Xnergy Inc, for solar PV project. Blue Earth, Inc. announced that its subsidiary, Xnergy Inc. was the company selected by LG Electronics to install and engineer a solar PV system for its Mobile Communication facility located in San Diego, CA.
HSBC Leveraged Finance shelled out GBP 19.5 million to invest in Trustmarque Solutions. HSBC Leveraged Finance announced it has completed its refinancing deal of Trustmarque Solutions amounting to GBP 19.
Sona Petroleum's IPO shares were oversubscribed by 5.97 times. Shares in Sona Petroleum Bhd's initial public offering were oversubscribed by 5.
AMCON hired Citigroup and Vevita Capital to handle the sale of three banks owned by Nigeria. The Asset Management Company of Nigeria (AMCON) hired Vetiva Capital, an Africa-focused investment bank and Citigroup to manage the sale of three banks owned by Nigeria.
