Harris Teeter Supermarkets Inc, Kroger Co say US FTC gives approval to deal

The US Federal Trade Commission has given its approval to the purchase of Harris Teeter by Kroger Co, according to a statement from both supermarket chains, Reuters reported.


Decline of insured US municipal bonds may be over- report

The amount of US insured municipal bonds was pegged at to $12.08 billion last year, the lowest since the financial crisis. However, Reuters reported that the steep decline may be over.

Jos. A. Bank Clothiers Inc's board asks stakeholders to refuse $1.6B Men's Wearhouse Inc hostile bid

Shareholders were asked by the Jos. A. Bank Clothier's Inc board to refuse a hostile bid amounting to $1.61 billion from Men's Wearhouse, Reuters reported.

Softbank Corp in direct talks with Deutsche Telekom for possible T-Mobile deal- sources

Softbank Corp is reportedly in discussions with T-Mobile owner Deutsche Telekom AG to thresh out obstacles for a potential T-Mobile acquisition, according to sources interviewed by Bloomberg.


Latest News

California, US-based venture capital firm Andreessen Horowitz is in the process of raising $1.5 billion for its new fund, according to Fortune LP whisperer Dan Primack.
Menlo Park, California-based biotech startup QuanDx bagged $950,000 in a recent financing round from undisclosed backers to continue developing molecular diagnostic equipment for medical laboratories.
Mexico-based supermarket operator Controladora Comercial Mexicana SAB said it has conducted talks with possible acquirers, both foreign and local, for the sale of its business, Bloomberg reported.
California, US-based cloud storage services provider Dropbox raised another $250 million in new funding two years after a previous $250-million round, further lifting the company's valuation close to $10 billion.
North Texas received more than $630 million in venture capital investments in 2013, demonstrating a significant improvement from the $126 million commitment the region received in 2012.
Survey shows that there is little effort seen to improve the working conditions of junior investment bankers despite the death of an intern at Bank of America Merrill Lynch intern last summer, the Financial Times.
Germany-based investor-startup matchmaker Venturate has been launched to compete with US-based firm AngelList, a platform that helps lead venture capitalists to the right investment that would fit in their portfolio.
Colorado, US-based private equity fund management group Centurion Resource Group (CRG) acquired a 75% stake in a copper project located in Karagandy, Kazakhstan, for an undisclosed amount.
Richmond, Canada-based global helicopter services provider CHC Group Ltd priced the initial public offering (IPO) of its ordinary shares at $10 apiece, with the offering expected to close on January 23.
Atlanta, US-based consumer credit reporting company Equifax acquired UK-based technology firm TDX Group in a deal valued at $327 million to expand its data and analytics services beyond the US.