CBS Corp. to sell its outdoor unit

CBS Corp. entered into discussions with a private equity firm hoping to sell its outdoor business for around US$225 million.


Private equity firm to help biotech company become world's largest

Water Street Healthcare Partners announced that they have invested US$50 million in RTI Biologics to help it acquire Pioneer Surgical Technology.

Foreign exchange affects net return on foreign assets

Ultimately, the determinant as to the increase or decrease of the value of an asset is the foreign currency exchange.

Sale of planned takeover of drug-maker can potentially break records

The acquisition of Alexion Pharmaceuticals Inc. could possibly break records as the most expensive purchase in biotechnology.


Latest News

Big money arrived at the NASCAR race as company sponsorships abound. NASCAR season begins, and with fast cars came the equally quick multi-million dollar sponsorship deals.
Oi SA would sell its undersea cables and towers worth US$1 billion so that it could reinforce the funding for the company.
Capital One Financial Corp. was negotiating with UBS regarding 250,000 square feet of offices on Park Avenue, Manhattan.
AT&T Inc's new venture on annual device upgrades and installment plans directly competed against T-Mobile's offerings.
A new report from the GreySpark Partners showcase the greater flexibility and efficiency of multi dealer platforms compared to other structures.
Aviva Plc was in talks with negotiators regarding its US$1.8 billion deal with Leon Black's Apollo Global Management LLC.
Etihad’s bid to invest in Jet Airways is expected to be completed in the next few months. India's Jet Airways is expecting investments from Etihad Airways of Abu Dhabi, which will be completed in the next few months.
PetroSA was said to be considering the possibility of buying Petronas' controlling stake in Engen.
Abbott Laboratories is set to acquire all of IDEV Technologies' outstanding equity shares for US $30 million.
iSight Partners gets funding from Blackstone to unveil Cyber Risk Management System. iSIGHT Partners received new investment from asset management firm Blackstone to launch the Cyber Risk Management System (iCRMS).