Consortium of equity firms deliberating on whether to pursue purchase of Life Tech. A joint offer is being mulled for the purchase of Life Technologies Corp.
Deals
Verizon Seeking Full Control
Verizon and Vodafone discussing future of Verizon Wireless. Verizon Communications Inc, which is now deep in a battle for control with Vodafone Group Plc, has proposed to dissolve their relationship through the wireless joint venture.
Emirates to float Sukuk Sale
Islamic bonds to be issued by Emirates Airline. The world's largest airline in terms of international traffic, Emirates Airline would begin holding meetings with investors for the possible sale of Islamic bonds called sukuks.
Grameen Koota Raise Money
Funding from equity firms raised by Grameen Koota. Grameen Financial Services Pvt Ltd is a microfinance firm more known as Grameen Koota. In its third round of equity fund raising, it was able to raise Rs 53.
Dell Special Committee Proposes Sale
Special committee acquiesces to Michael Dell's offer. After months of speculation and back and forth discussions, a special committee comprising Dell Inc's board of directors announced that after evaluation, the best alternative for shareholders would be to sell off the company.
Latest News
VEBA and Fiat most likely to break impasse to avoid lowered share value at IPO. In recent remarks, Fiat CEO Sergio Marchionne said that the Italian carmaker would most likely agree to the valuation of VEBA for its 41.
Ferro made it clear that it wanted to sell more of its assets as it continues to see drop in its operating profit.
Few fund firms and banks remain in Armacell auction. After Goldman Sachs and Equistone pulled out of the race, only a few buyers are still in the hunt to land Armacell, the German insulation firm.
Southeastern Asset Management has formally filed notice for Dell to open its books for review. (Photo : Reuters) The image is Michael Dell making a presentation to shareholders.
After clashing with Baghdad, Exxon now exploring possibility of partnering with China to develop Iraq oilfield interests.
Ardent Mills would be the new company formed for the venture between ConAgra Foods, Cargill and CHS Inc.
HSBC Holdings has decided to sell its two portfolios of consumer loans in the U.S. for $3.2 billion in cash as it continues to minimize business presence in the country following the housing market crash.
Allscripts buys partner dbMotion. In a clear move to expand markets, North American medical information firm Allscripts Healthcare Solutions is purchasing dbMotion, the Israeli healthcare provider.
Many banks interested in Chrysler buyout, according to CEO. After previous comments on the personal choice of Fiat CEO Sergio Marchionne, it was revealed that the Fiat CEO has talked to banks on financing a buyout of Chrysler's stake in the company.
