Relational Investors LLC received 25% and 33% in their fiscal year and announced company consolidation process to turn the mid-cap and large-cap into one a single fund.
Deals
Sinovel divests after theft charges made
Sinovel, formally charged with source code theft, divested four of its units outside China. (Photo : Reuters)This is the headquarters of Sinovel in China.
Alstom fronts credit risk-driven bond sale
Alstom said that it will sell its bonds as Euro credit risk declines. (Photo : Reuters)This is the logo of Alstom. The world's third largest energy solutions and transport firm Alstom SA announced today that for the first time since October last year, the company will put its bonds for sale.
Second Summer Box Office Disappointment for Sony As It Eyes Company Spin Off
Sony Pictures entertainments experiences its second summer box office let down at the heels of Loeb's proposal to spin off the company.
Tribune set to become number one commercial station
Tribune Company buys Local TV. (Photo : Reuters)This is the logo of Tribune. Tribune Company announced today that it has agreed to buy Local TV holdings, LLC.
Latest News
Mark Carney, the bank of England's new governor was urged to set aside GBP1 billion for small businesses to ais in UK's recovery.
CDB maintains its Zero bond risk until end of 2013. (Photo : Reuters)China Development Bank maintains zero risk until end of 2013 China Development Bank is keeping its motto of having zero risk when it comes to bonds as compared to commercial banks in China.
Greece and its international lenders picked up where they left off on talks about the country's bailout loan.
Former UBS AG trader based in Sydney, Gerard Satur raised Aus$10 million from wealthy investors.
Toyota Motor Corp, the world’s biggest carmaker announced its planned expansion in Myanmar, Cambodia and Kenya.
Finland based Nokia bought Siemens AG’s stake in the telecoms-equipment venture company priced at Eur1.7 billion.
Hardcastle Restaurants looks at raising funds through a qualified institutional placement (QIP) or a follow on public offer (FPO) as it planned to double its store chains in India.
Initial public offerings were raised to US$42 billion in the second quarter from the previous US$20 billion made during the first quarter.
GSK was offered a formal takeover bid priced more than a billion pounds for its soft drink brand Lucozade and Ribena by Blackstone and Lion Capital.
