Australian surfwear firm Billabong announced that it has entered into a 10-day exclusive takeover talks with its former head Paul Naude and private equity firm Sycamore Partners.
Industry
Yahoo! to Target Mobile Talent in M&A Spree
Yahoo!, the U.S. biggest Web portal, has engaged the services of private equity veteran Jacqueline Reses as it struggles to reinvent itself and stay relevant.
India’s Snapdeal Gets $50 Million Funding from eBay and Recruit Co
India’s online retailer Snapdeal has raised funding estimated to be between $30 million and $50 million from eBay and Recuit Co of Japan.
1.5 Billion Euros in Deposit Inflows to Greece in March Amid Cyprus Crisis
More than 1.5 billion euros in deposit inflows have trickled back to Greece in March bringing the total to more than 19 billion euros that have been returned to Greece since June last year.
China Data Admitted to be Erroneous
The Head of the Statistics Department of the General Administration of Customs in Beijing admits providing incorrect and groundless data.
Latest News
The U.S. Securities and Exchange Commission has adopted new rules that require stock brokerages, mutual funds and investment advisers to establish programs to help detect identity theft.
The Canadian government has announced a government investment that allows Toronto-based startup ThoughtWire access to close to $2 million financing from southern Ontario angel investors to accelerate the development of its innovative software platform.
Cortland Fund Services has been chosen to provide fund administration services to four new private equity real estate funds managed by real estate management firm BainbridgeZKS.
Indian private equity investments decreased by a quarter in Q1 2013, according to the latest Quarterly Deal Report of VCCEdge.
Private equity firm Carlyle Group is the new owner of Central Plaza, an office building in Shanghai, China, acquiring it for $267 million from Forterra Trust, a Singapore-listed real estate fund.
The initial public offering of Taylor Morrison Home Corp, which is the latest for companies tied to the housing sector, has raised $628.3 million.
First Solar's shares jumped 45 percent with its announcement that it will acquire a new solar technology and that revenue in the next three years will be above Wall Street estimates.
Activist investors are starting to earn the respect of U. S. institutional investors like mutual fund and state-run pension fund.
French media group Lagardere has raised $3 billion from the sale of its 7.4 percent stake in Europe’s top aircraft maker EADS.
