India sends investigation team to Italy. Indian officials would be travelling to Italy to further investigate allegations of corruption and bribey allegations against Italian defense firm Finmeccanica.
Legal & Regulatory
CEDC Falling Share Price Due to Concerns on Debt Payment
CEDC on the brink of bankruptcy amidst debt payment concerns. The Central European Distribution Corp, the Polish vodka maker, has seen its share price value fall by as much as 58% in the NYSE because of concerns as to its ability to repay debts that would fall due next month.
EU Mergers and Takeovers
The following are mergers under review by the European Commission on Monday. The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS - Private equity firm Triton to acquire Finnish grocery chain Suomen Lahikauppa from IK Investment Partners (approved Feb.
Einhorn Wins First Round Vs Apple
Greenlight Capital gets restraining order against Apple Inc. A US federal judge found credence to the arguments of hedge fund manager David Einhorn versus Apple Inc.
Vanderbilt Capital to Pay New Mexico US$24 Million
Vanderbilt settles with New Mexico on unjust enrichment investments. In a settlement agreement, Vanderbilt Capital Advisors LLC has entered into a settlement agreement to pay New Mexico US$24 million.
