Sun Capital Partners and Bain Capital sell off their American Standard ownership. (Photo : Reuters)The image is the American Standard brand. Sun Capital Partners Inc had invested in the struggling toilet maker operating under the American Standard brand.
Investors
ECB puts eligibility of Cyprus’s debt on hold
The European Central Bank would suspend the eligibility of Cyprus's debt due to its demand to refinance its operations.
South Korea extends bidding for $7.3 billion fighter jet project
The South Korean F-X was extended to July 2 after receiving overwhelming bids from interested investors.
Nishimura: Japan needs a growth strategy
Senior vice minister Nishimura said that Japan needs a plan to boost growth. (Photo : Reuters)The image is a stack of Japanese yen. Yasutoshi Nishimura, senior vice minister for fiscal policy and economics, said that Japan must embrace new and solid growth measures to help the economy endure an upcoming consumption tax increase and other red ink reduction efforts.
Eurobank names new CEO
Eurobank names Megalou as its new chief executive officer. (Photo : Reuters)The image shows a person coming out from a Eurobank branch. Eurobank, among the largest lenders to Greece, should follow an autonomous and more independent course, said its new chief executive officer on Friday.
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Tax havens like the British Virgin Islands gained massive amounts of investments while Belgium and most Euro zone markets failed.
Fraser & Neave Ltd considers the separation of its property business from its other businesses. (Photo : Reuters)The image is the corporate logo of Fraser and Neave Ltd.
Today, the National Stock Exchange's Wholesale Debt Market sector saw turnovers of Rs 3,202.15 crore in exactly 118 trades.
SAC Capital’s Steven A. Cohen invoked his right to the Fifth Amendment after being summoned to testify before a grand jury about insider trading in his company.
Shang Fulin, China bank system's chief regulator assured everyone they have ample money and debt risks were controlled.
Barrick Gold Corp may take a writedown of about US$5.5 billion for its Pascua-Lama venture after gold's value shrunk.
Great Pacific Industries Inc. announced a proposed takeover bid for privatization valued at C$37 billion for Sun-Rype Products Ltd.
Bank of America Corp, the second biggest bank in the US by asset announced its new investment banking vice chairman, John Binnie from Moelis & Co.
Today, Blue Wolf Capital Partners LLC announced acquisition of Suwannee Lumber Co through its affiliate Blue Wolf Capital Fund III LP.
