Genting and Alliance Global Postpones Travellers' IPO

Genting and Alliance Global postponed Travellers' initial public offering. Alliance Global Group Inc. and Genting Hong Kong Ltd. said on Tuesday that they would postpone the IPO of Travellers International Hotel Group Inc.


LVMH Acquires Loro Piana

LVHM announced that they were able to acquire 80% of Loro Piana LVMH Moet Hennessy Louis Vuitton SA agreed to pay US$2. 57 billion or Eur2 billion for 80% of Loro Piana SpA.

Access Kenya Takes Over Dimension Data Holdings

Access Kenya's take over offer document for Dimension Data Holdings has been approved by Kenyan regulator.

Sparebanken Møre Enters Agreement With EVRY

Sparebanken Møre announced that they have entered an agreement with EVRY Sparebanken Møre announced that they have entered an agreement with EVRY for the delivery of IT services for its banking activities.


Latest News

RetailMeNot has set the terms for its IPO RetailMeNot, has set pricing terms of its initial public offering. The Austin-based a digital coupon company plans to offer 9.
Beurden was named as Shell's new CEO. Ben van Beurden, Downstream Director of Royal Dutch Shell, would be taking over Peter Voser position as Chief Executive Officer.
Fancy raised US$53 million for international expansion of its current social commerce platform. The social commerce platform Fancy raised US$53 million, according to Bloomberg.
CVC Capital had announced that it is dropping its EUR2.5 billion fund after difficulties. One of Europe's biggest private-equity firms, CVC Capital Partners Ltd.
Welsh, Carson, Anderson & Stowe announced today that it has agreed to buy Service Repair Solutions which is backed by private equity firm, Warburg Pincus.
Welsh, Carson, Anderson & Stowe, a private equity firm announced that they will be acquiring Service Repair Solutions from Warburg Pincus.
Hasbro paid US$112 million cash for a 70% stake in Backflip Studios. Hasbro made a cash payment of US$112 million to acquire a 70% stake in Backflip Studios.
Today, Imperative and Purpose Economy announced merger with Aaron Hurst appointed as the new chief executive officer.
Cincinnati-based Fort Washington Capital has launched two new funds. Fort Washington Capital Partners Group, a private equity fund manager based in Cincinnati, had submitted its plan to launch two fresh investment funds that should raise a combined valuation around $150 million.
Most bankers experienced roadblocks in selling covered bonds as investors like Pacific Investment Management Co said that debts from fledging markets have drove them away.