Re/Max Holdings Inc filed for a USD 100 million IPO of its Class A common stock. Colorado-based real estate firm Re/Max Holdings Inc filed with US regulators to raise funds through an initial public offering.
Regions
St. Jude Medical acquires Endosense
St. Jude Medical bought Endosense for USD331 million. St. Jude Medical Inc. recently acquired Endosense SA for USD 331 million to add to the former's electrophysiology portfolio.
Source - Lloyds prepares sale of German insurance business
According to sources, Lloyds Banking Group has prepared the sale of Heidelberger Leben to Hannover RE, following disposals of other businesses in the overseas market.
Ares Management, Ontario Teachers' Pension Plan plans to acquire CPG International
Ares Management and Ontario Teachers'Pension Plan said it will buy building products firm CPG International Inc.
Samsung, Sony readying new devices before Apple's iPhone release
Samsung and Sony would introduce their new devices in September 2013, ahead of Apple's iPhone launch.
Latest News
Former Union Square Advisors Partner and COO, Elias Mendoza, is Siris Capital Group's new Managing Director of Investment Development and Strategy.
Miami-based drug developer Opko Health, Inc. will enlist in Tel Aviv Stock Exchange to acquire Israeli drugmaker, Prolor Biotech, Inc.
Recent survey results conducted by Chinese economists feared that the local government loans will amount to future problems for the state.
Beats spoke with unknown investors to buy out HTC's minority stake. The Wall Street Journal quoted an anonymous source about Beats Electronic buying out its minority stakeholder Taiwan's HTC.
Banking regulations discouraging excessive use of retail credit cards caused Turkish equities to drop.
The state government of Hong Kong said that the second quarter jobless rate falls within expected estimates.
The Warsaw Stock Exchange agreed to buy a 30% stake in start-up Aquis Exchange for GBP 5 million. The Warsaw Stock Exchange (Giełda Papierów Wartościowych w Warszawie or GBP in Polish) agreed to purchase a partial stake in Aquis Exchange.
A Wall Street Journal report said that Beats Electronics is planning a major buyout of HTC and generate funds to expand its newest digital streaming business Beats Music.
Company filings revealed that W&G Investments will be offering a share sale tomorrow as part of its due diligence requirement for its planned bid of RBS branches.
