Verizon Communications has hired banking and legal advisers in preparation for a possible US$100 billion bid for Vodafone Group shares in their joint venture.
North America
Continental Grain Co Criticizes Smithfield Foods Reply
Continental Grain Co has criticized the continuous reply of Smithfield Foods. One of the biggest shareholders in Smithfield Foods Inc, Continental Grain Co has urged the meat company to add three new directors to its existing board.
Vodafone shares rise on rumored bid from Verizon
At the opening of market trading, Vodafone shares increased in light of rumored buyout offer from Verizon.
IHSI Now Traded on OTC Bulletin Board
IHSI shares are now publicly traded in OTC Bulletin Board. The board of Intelligent Highway Solutions Inc has announced that shares of stock under the ticker symbol IHSI has been traded publicly in the OTC Bulletin Board.
Arseus acquires Freedom Pharmaceuticals
Arseus acquires Freedom Pharma to create a global niche for drug compounding. Arseus, in an announcement, made public its acquisition of Freedom Pharmaceuticals.
Latest News
Integrated Asset Management Group and its affiliate closes US$15 million loan for Skyline Blue Mountain Village.
Wood and pulp producer Georgia-Pacific purchases Buckeye Technologies for US$1.45 billion. The US paper and pulp producer Georgia-Pacific LLC has agreed to purchase Buckeye Technologies for the price of US$1.
Deutsche Bank and Mainfirst would conduct pre-IPO private placement sales of Evonik shares. Deutsche Bank and Mainfirst, two major investment banks are in the process of placing up to 2% of the shares in Evonik, the Germany based chemical company.
The Silicon Valley Venture Capitalist Confidence Index rose from 2012, indicating improved market opportunities for the year.
Funding for Genticel's HPV raises Eur18.2 million. Genticel, a biopharmaceutical company that develops original vaccines for patients who are contaminated with the human papillomavirus, announced today that it was able to secure Eur18.
Volometrix Concludes Series A Financing totalling US$3.3 million with US$1.6 million coming from Shasta Ventures.
Clearwire shareholders to meet and approve Sprint Nextel offer of US$2.97 per share. Clearwire Corp is scheduling a shareholder meeting on May 21 to obtain a decision regarding the offer made by Sprint-Nextel for US$2.
Google purchases Wavii, a news summary app, to enhance its consumer news experience. Google Inc has announced the acquisition of Wavii, a start-up based out of Seattle that created a news summarization app for the price tag of US$30 million in cash.
For the second time in as many months, a major shareholder is selling off their stake in the buyout firm.
