Protein Bar had reached late stages talks with private equity firm Catterton Partners over a deal priced USD22 million.
Investors
Ackermann’s departure puts Wauthier’s life in spotlight
The untimely demise of Zurich Insurance Group AG's CFO Pierre Wauthier was pushed into the spotlight after the insurer's CEO exited the company.
Source: EU Competition Commissioner to discuss Monte Paschi bailout with Italian minister
EU Competition Commissioner Jaoquin Almunia said that it would discuss a state bailout for Italian bank Monte dei Paschi di Siena with the country's Economy Minister on Saturday.
Sources: J&J puts clinical diagnostics unit on sale
Johnson & Johnson had launched a sale process for its Ortho Clinical Diagnostics unit valued at USD5 billion.
Thomspon accuses BBC chief of misleading British Parliament
Mark Thompson of NY Times accused BBC chief Chris Patten of misleading the British Parliament after large payments for the broadcaster's staff were made after they departed the firm.
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Carlyle Group LP and Hellman & Friedman LLC were among other private equity companies that had been vying to acquire One Call Care Management Inc. for a deal valued USD1.5 billion.
Judge Cole issues an injunction for Apple's activities in price manipulation of ebooks. An injunction was entered last Friday against Apple by the US judge that found Apple to have conspired to control e-book prices.
Chicago Mayor Rahm Emanuel had cancelled the bidding for the lease of the Midway Airport. Mayor Rahm Emanuel of Chicago last Thursday cancelled a deal to lease the Midway Airport.
Private equity firms Headway Capital Partners and Committed Advisors issued a statement that they would be backing the spin-off of Loudwater Trust's portfolio.
Deutsche Telekom had applied for a sports betting license and is currently reviewed by the Interior Ministry of the German state of Hesse.
European retailers had been looking to get more profit through online food businesses as the grocery segment make up around 40% of retail sales.
Creative ad platform operator Boost Media Inc. raised USD8 million in seed funding to improve its creative ad platform BoostCTR.
A PriceWaterhouseCoopers and the National Venture Capital Association news report said that venture capital in life sciences companies rose to 26% compared to last year.
Analysts said that General Electric Co would be eyeing Dresser-Rand Group Inc. and Dril-Equip Inc as potential takeovers.
