L'Oreal CEO Jean-Paul Agon said that the company would be ready to buy Nestle's stake in the company which was valued at EUR22 billion.
Investors
Bloomberg: Blackstone Group to buy Dutch developer Multi Corp
According to a Bloomberg report, Blackstone Group LP's real estate unit would take over Netherlands-based Multi Corp.
Microsoft to acquire stake in start-up Foursquare
Several speculations stated that the giant software maker Microsoft Corp. would acquire stake in Foursquare Labs.
Sandwich maker Potbelly seeks USD75M in IPO
Potbelly Corp. announced its initial public offering as it intends to raise USD75 million to pay a previously declared cash dividend.
Sources say CSN wants US mill included in deal
According to sources, CSN might call off the deal with German steelmaker ThyssenKrupp if the its Alabama plant would not be included in the offer.
Latest News
A second financial crisis was predicted to hit Asia in the next 12 to 18 months that originated from the US after its Federal Reserve announced stimulus reduction.
Blackberry, the leading mobile device in India, had announced selling its global operations unit but would remain business as usual to ease fears of Indian users.
Global Founders Capital announced today its first round of investments in three online startups which totaled over USD5 million.
Foursquare started discussions with multiple large technology companies about a possible strategic investment.
Vodafone Group planned a stake sell from its holdings in Verizon Wireless valued more than USD100 billion.
Zurich Insurance executive Josef Ackermann resigned from the company after its finance chief died of suspected suicide.
Two of the three bidders for BondDesk Group LLC have been identified. Tradeweb and MarketAxess, two of the leading institutional fixed-income trading platform providers, are two of the three bidders for BondDesk Group LLC.
The Carlyle Group and Townsend Group co-invested USD 200 million in a strategic partnership with Shanghai Yupei Group for a logistics platform in China.
A source told Reuters that the European Union Commission will approve Swedish oil refiner Nynas and Royal Dutch Shell's deal despite antitrust concerns.
