One of the tallest towers in the London business district would be sold off as its ownership group are at odds over a loan contracted for the property.
Firm Management
Re/Max Holdings Inc set to do IPO
The Re/Max Holdings IPO projected the revenues earned to reach USD241.5 million. The franchiser of real estate brokerages, Re/Max Holdings Inc. had filed documentation to raise as much as USD241.
Calico is the new firm formed by Google to tackle health issues
Google has made a 'significant' investment in Calico, a company designed Google had announced its plans to form a new company to be named Calico.
Goldman Sachs to start Asia hedge fund
Goldman Sachs Investment Partners started a new Asian fund named Oryza Capital early this month, according to sources.
Apple announces new iPhones release on September 20 in China
Apple Inc. announced that the new set of iPhones would be released in the country on the same day as Europe, US and Japan.
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The case filed by Lincolnshire Management Inc led to an arbitration award against it for its former CEO.
The Blackberry Z30 would be launched in Malaysia to compete with market leaders Apple iPhone and Samsung's Galaxy S4.
The first Gulf region company that would come out of bankruptcy places many Western courts at a quandary on Islamic finance.
Spain's Bankia had been in exclusive discussions with brokerage GVC to sell its own brokerage unit valued between EUR20 million and EUR40 million, said sources.
Poplar Partners announced today that it had started its search for possible acquisitions in companies that have annual cash flows between USD1.5 and USD7 million.
According to a source, Bank of America would appoint Alexandre Bettamio to its Latin America investment unit in Brazil.
Electronic Arts Inc. named Andre Wilson as new CEO after a six month search to fill the vacant position.
DE Mastre Blenders said it would appoint Pierre Laubies as the new CEO of the company once the acquisition deal with Joh A. Benckiser was completed.
On Monday night, Ecotality Inc. filed for bankruptcy protection in the US bankruptcy court in Phoenix and said it would auction its assets.
