Media reports said US private equity firm KKR was considering an alliance with a Japanese government-backed investment fund for its bid of the healthcare unit of Panasonic.
North America
Sale of MSG's Fuse was more common sense than strategic - report
According to a report by Forbes news magazine, the sale of Madison Square Garden Company (MSG)'s Fuse cable TV music channel was a more tactical rather than strategic move to exit from a floundering business unit.
HGST's recent buy Virident expects to soar in growth - report
According to a Forbes news magazine report by contributor Peter Cohan, Western Digital's subsidiary HGST bought Virident, a flash storage supplier, for USD685 million in cash.
Edison Ventures sells last of Tangoe shares
Edison Ventures announced that it has exited from Communications Lifecycle Management software firm Tango by selling the last of its shares.
Equity issuance presents optimistic economic growth- Reuters
A Reuters report said the growing number of equity issuance this year was a sign of positive growth.
Latest News
A source told Bloomberg that Goldman Sachs Group snatched a lead role in the upcoming IPO of Twitter.
New York Times' Dealbook reviewed several prominent private equity deals during the buyout boom, and gave an update how the companies had been faring.
Sources told the Wall Street Journal that JPMorgan & Chase would be allocating USD 4 billion to strengthen its oversight controls.
Analysts predicted that Multimedia tracker Rentrak Corp. would be a potential target among companies who require ratings analysis on consumer digital content habits.
Bruker Corporation announced today its acquisition of Prairie Technologies Inc, a provider of life sciences fluorescence microscopy products.
US Bankruptcy Judge Sean Lane approved American Airlines' petition to exit bankruptcy today at a court hearing held in Manhattan.
Walt Disney Co. announced its plans to buy back around USD6 billion to USD8 million stock starting 2014.
Shoppers Drug Mart's shareholders had cast an overwhelming vote in favor of Loblaw Co's buyout bid.
Private equity firms including Advent International and CDIB Capital agreed to buy a large stake in coffee and tea retailer, The Coffee Bean & Tea Leaf without disclosing the financial terms of the transaction.
