CEO: Versace to sell minority stake privately before IPO

Versace CEO Gian Giacomo Ferraris announced that the company planned to sell a minority stake privately before launching an IPO.


Nokia follows Ericsson in networks focus

Nokia had its focus redirected on network equipment manufacturing after it sold its handset units to Microsoft Corp.

KKR to acquire Mitchell International

KKR & Co LP said that it had agreed to purchase a property claims software firm called Mitchell International for around USD1.5 billion.

Trader pays USD5.2 million settlement for Smithfield insider trading case

A Thailand based trader was ordered to pay USD5.2 million to settle civil charges filed against him for publicly trading call options and single stock futures before the announced acquisition plan of Shuanghui International Holdings for Smithfield Foods Corp.


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Caixa Seguros bidders whittled down to two. The government of Portugal had decided to include two companies as bidders for the privatization of insurance arm of state bank Caixa Geral de Depositos.
Wishabi's digital circular platform is what investors saw fit to be capitalized in its Series B round.
The Management Development Institute of Singapore (MDIS) would be investing MYR300 million of its money to construct a large campus at Educity, Nusajaya.
Zuora received another USD50 million in capitalization making the total capital financing received at USD132.5 million.
The BRICS Group had announced USD100 billion to a fighting fund after it wanted to make the current markets steady.
Private investment firm Bregal Partners announced the purchase of US Community Behavioral LLC. Bregal Partners had announced the acquisition of US Community Behavioral LLC.
Blackberry Ltd. would be expecting an influx of takeover bids after its board's announcement that the company is open to "explore strategic alternatives", including a sale.
Supply chain services expert syncreon welcomes new investor Centerbridge Partners into the fold. One of the world's leading providers fo customized supply chain services, syncreon Holdings Ltd, announced it had formalized an agreement with its shareholders with Centerbridge Partners as to the latter's minority investment in the firm.
Yahoo Inc. recently unveiled its brand new logo, and CEO Marissa Meyer helped with the design over a summer weekend.
Oasis Petroleum purchased four acreages in North Dakota for USD 1.52 billion. Oasis Petroleum Inc inked four separate deals to purchase North Dakota acreage for USD 1.