Russian billionaire Alexander Lebedev is in talks to sell 4.5% of his stake in the country's flagship carrier, Aeroflot.
Investors
BC Partners nears acquisition of Springer Science
Scientific journal publisher Springer Science will soon be acquired by BC Partners for over 3 billion euros.
Circular Energy acquires Series A funding worth $2.7 million
Solar design company Circular Energy raised $2.7 million in funding mainly from Cypress Capital. Circular Energy, a solar design and full-service installation company, raised $2.
Rhoen Klinikum warns of future plans with Fresenius
Rhoen-Klinikum that discussiins with Fresenius SE is not precursor to takeover. Rhoen-Klinikum, a cooperation of hospitals and clinics based out of Bad Neustadt an der Saale in Germany, warned that the vote by its shareholders against the takeover of another German hospital operator is not a precursor for another for its previous bidder, Fresenius.
Cole Credit Property Trust Approves Merger with Spirit Realty
Cole Credit Property Trust II Inc. announced today approved merger with Spirit Realty Capital and will complete the deal by third quarter of this year.
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CEO for Royal Bank of Scotland was persuaded by the bank's board to step down to enable his successor to be in place prior the government's sale of its 81% stake.
India-based Apollo Tyres Ltd shares were down by 18% after the announced US$2.4 million deal to acquire Cooper Tire & Rubber Co. due to worries of the company's debt.
Vanguard Natural Resources announces its public offering of 2,200,000 shares at US$25 per share. Vanguard Natural Resources LLC has announced today the pricing of its public offering.
Lululemon Athletica Inc. Chairman, Dennis Wilson sold his stock for US$49.5 million days before the announced surprise departure of the company's CEO Christine Day.
Empire Co, Sobeys' operator, announced its planned acquisition for Safeway Canada for Can$5.8 billion that will close later this year after regulatory approvals.
According to sources, Numericable hired Rothschild to work on a Eur5 billion Paris Stock Market debut within the year.
Five hedge fund rivals top the list of possible investment alternative firms after an estimated US$3 billion to US$4 billion outside money leaves SAC Capital Advisors by year end.
Vodafone confirmed that the company is pursuing its informal offer to Kabel Deutschland which was priced EUR81 per share.
The board of Clearwire Corp. recommends the proposed bid from Dish over Sprint Nextel even before the hostile bid was raised.
