Investors
Men's Wearhouse rejects Jos. A. Bank's offer
Men's Wearhouse had rejected the takeover offer of Jos. A. Bank valued at USD2.3 billion in cash as the company deemed the bid to be inadequate, said a Reuters report.
Winsway Coking Coal Holdings buy back bonds at 32.5% value
After a Moody's advisory, Winsway was able to leverage a buyback of its bonds at a third of its original value.
Lionbridge Technologies Inc acquires E5 Systems
For the price of USD1.6 million, Lionbridge Technologies gains a foothold in the Chinese market as well as expand its revenue clientele through the acquisition of E5 Systems.
Samsung Electronics to resell Seagate Tech shares for USD1.51 billion
After receipt of shares in Seagate Technology as payment, Samsung is now reselling the shares back to the Dublin based firm for USD1.51 billion.
Latest News
Spinal medical device company LDR Holding would hold an IPO over five million shares of common stock this week.
Warburg Pincus' Antero Resources had priced above its planned IPO range that valued the company at USD11 billion, said a Reuters report.
Mossi Ghisolfi's Chairman said last Wednesday that the company had been looking to expand globally through a Hong Kong listing of about a third of its M&G Chemicals unit by end of the year.
KKR & Co announced acquisition for Crosby Group and Acco Material Handling Solutions valued USD1 billion, said a Reuters report.
According to a Reuters report, Hess Corp had planned to sell its storage terminal network valued USD850 to Buckeye Partners LP.
Fiat CEO Sergio Marchionne had discouraged investors in a conference last week to participate in the upcoming debut of Chrysler Group, said a Reuters report.
According to sources that told Reuters, US private equity firm Blackstone would be among possible bidders for Versace's minority stake.
Former Blackstone Group unit Stonepeak Infrastructure Partners raised an oversubscribed fund totalling USD1.65 billion.
The late release of government subsidy for the IFC backed Simran Wind Project Pvt forces it to shelve expansion plans.
MTN and Vodacom may be forced to cut back its business should no compromise be met on mobile termination rates.