SAP AG to Acquire Leading Optimization Software Provider SmartOps

SAP paves way to develop real-time supply chain software solutions as it plans to merge with SmartOps


LivingSocial Courts Biggest Investors to Invest Another $110 Million

LivingSocial is convincing its investors to make another huge investment for the company as it suffers from sluggish daily deal activities.

MCW Acquires Perez Engineering

MCW acquires Perez Engineering. In a statement, the MCW Group of Companies announced that it was introducing MCW Consultants Inc. The new firm would take the place of the former Perez Engineering Ltd, which was acquired by MCW.

Rally Rattles Hedge Fund Managers

Credit rally makes hedge fund managers nervous for 2013. Hedge fund managers are scampering for safety as a huge credit rally evaporates investor confidence in the market.


Latest News

Bond investors seek new options during leveraged buyouts. The increasing number of large leveraged buyouts or LBOs is making many investment-grade debt investors nervous, calling out the US government to institute more protection be given them in light of current developments.
KKR has offered $3.7 billion for industrial machinery maker. Top shareholders of Gardner Denver Inc. are scheduled to meet discusses $3. 7 billion offer from private equity firm KKR & Co.
Grupo Gigante offers to purchase other half of Office Depot Mexico. Grupo Gigante, the Mexican retail giant had formally sent an offer of 8. 78 billion pesos or US$687.
Banks are now cleaning the vestiges of the 2008 market crash by dumping CDS instruments. In a house-cleaning move, several major banking institutions are trying to rid itself of the credit portfolios that had been the major cause of the 2008 global financial crisis.
SNI selling off interests to foreign firms. The Moroccan royal family's investment firm, SNI recently announced the sale of its 37. 7 percent stake in dairy firm Central Laitiere.
Funeral home purchase expands StoneMor Partners leverage. In an announcement made today, StoneMor Partners LP acquired Seawinds Funeral Homes of Central Florida.
Okada quits ahead of ouster move. Kazuo Okada resigned from Wynn Resorts Ltd not waiting for the results of the board of directors' vote. The Japanese billionaire is actually facing ouster by the board.
Ross Smith Asset Management Inc. acquires control over common shares of C.A. Bancorp Inc. Ross Smith Asset Management Inc. announces that the investment funds it manages have acquired 3,000 common shares of C.
The following bids, mergers, acquisitions and disposals were reported on Tuesday The following bids, mergers, acquisitions and disposals were reported by 1500 GMT on Tuesday: - Capital One Financial Corp said it agreed to sell to Citigroup Inc its $7 billion portfolio of private label and co-branded credit card accounts linked to electronics retailer Best Buy Co Inc.
Itochu today paid Dole a non-refundable cash deposit of $200 million to be applied toward the purchase price