CEO Ferraris of Versace is open to recommendations on possible capital investments or retention of family exclusivity for growth opportunities.
Deals
France asks banks to be Euronext investors - sources
If the French government will have its way, it wants that a consortium composed of banks and insurers in the country to buy around 34 percent of the Euronext stock exchange.
Cerberus Capital Management Seeking to Increase Shareholdings
Private equity firm Cerberus Capital Management is seeking to increase shareholdings in Seibu Holdings.
Private equity industry faces new challenge as investors go direct for deals
The private equity industry is facing a new challenge with investors, to avoid the hefty fees being charged by private equity firms, directly buying stakes in companies or go into co-investments.
LCI Holdco Asset Sale Upheld
The bankruptcy court upheld the sale of assets of LCI Holdco LLC despite IRS opposition. The federal court with jurisdiction over the bankruptcy case of LCI Holdco LLC has approved the sale of the assets of the company to Hospital Acquisition LLC.
Latest News
German Deutsche Telekom plans to amend the terms of a proposed merger between its T-Mobile USA and MetroPCS Communication, a local company, sources said.
A new survey revealed that mergers and acquisitions activity for developed and emerging markets declined in 2012.
The BTS Rail Mass Transit Growth Infrastructure Fund is now worth US$2.13 billion after its IPO. BTS Group, the Bangkok SkyTrain operator has raised nearly US$2.
Sterling Bancorp was purchased by Provident New York Bancorp for US$344 million. Provident New York Bancorp has announced its purchase of Sterling Bancorp through a stock deal amounting to US$344 million.
Cerberus Capital is now preparing to undertake an IPO of its German property assets. Private equity firm Cerberus Capital Management LP, led by Stephen Feinberg is now going full steam ahead with an initial public offering of its German retail property assets.
India, in order to raise funds to narrow the budget deficit, is selling off asset shareholdings in Indian corporations.
Billabong is currently priced at Aus$0.50, much lower than the estimated offer. Billabong International Ltd, the largest surf wear company in Australia, is being bidded out for as low as Aus$0.
Randstad purchases part of USG People's operations at Eur20 million. Randstad, the Dutch staffing firm has entered into an agreement to purchase part of USG People's European operations.
Bertelsmann would be selling off part of its shareholdings in the RTL Group for an estimated Eur1.5 billion.
