Vince Clothing prepares for fall IPO. According to two sources that has first-hand knowledge of the situation related to clothing company Vince, the company is nearing the completion of its preparations for an initial public offering.
Investors
Straits Trading Accepts Bid from United Engineer's Ltd
Straits Trading accepts bid from United Engineer's Ltd. The Straits Trading Co. , the single largest shareholder in WBL Corp has set a new bar for its share prices after it accepted the United Engineer's Ltd's bid for the dealer of the renowned Bugatti cars.
Icahn recommends alternate Dell Board of Directors
Icahn recommends new Board of Directors for Dell. The special committee of the board of directors of Dell Inc has formally asked Carl Icahn for specific details of the plan to be implemented that would have the computer maker pay dividends and issue shares as he has proposed.
Elliot Blasts Hess Corp's Two Director Offer
Elliot Management calls the offer of Hess Corp of two directors a "PR stunt". In a bid to appease Elliott Management, Hess Corp has offered the maverick investment fund two seats on the board.
Petrobras Sells Debt in Six Tranches
Petrobras raises funds through debt issues in six tranches totalling US$11 billion. Petroleo Brasileiro SA, the state controlled oil firm from Brazil, has announced the sale of US$11 billion of global debt.
Latest News
Mercator, the largest retailer of food products in Slovenia has received two bids, one from regional rival Agrokor and investment firm Mid Europa Partners.
Avista offers cash bid for Telular shares at US$12.61 per share. In an announcement on Monday, Avista Capital Partners disclosed that the ACP Tower Meger Sub, Inc has pushed through with its earlier announcement regarding its cash bid for all the existing shares of common stock of Telular Corporation.
Vue Entertainment purchases Poland's Multikino SA for an undisclosed amount. The joint vetnure of the ITI Group and AREA Property Partners, Vue Entertainment had announced today that it is acquiring Multikino SA, the leading multiplex operator in Poland.
Kleins plan to sell off 53.8 million common shares worth 2 billion reais through a public offer. The Klein family of Brazil has disclosed its plans to sell off nearly 33% of its capital holdings in Via Varejo SA.
Schaeffler terminates investment agreement with Continental AG. Continental AG of Germany said that its shareholder Schaeffler has sent a notice of termination for an investment agreement in force since August 2008.
Elan Corp pulls off deal for Theravance respiratory medication royalties from GlaxoSmithKline. Elan Corporation, the Irish pharmaceutical firm has entered into an agreement on royalties to alleviate concerns about its acquisition strategy as well as be able to blunt the takeover bid of Royalty Pharma.
Experian sells off its market research services unit to WPP. The global information services company, Experian Plc has announced Monday that it has agreed to sell off its market research services.
Blackstone is preparing to make an offer for the 14% shareholdings of LIC in Stock Holdings Corporation of India.
Patron Capital Partners is planning to spend nearly Eur1 billion for property purchases in Germany. Patron Capital Partners is a private equity company that does investments in a number of real estate projects throughout Europe.
