Equilibria criticizes the executive pay plan, its former acquisitions and future ones to be done. (Photo : Reuters)The image is the corporate offices of RHJ International SA.
Regions
TA Associates with SpeedCast Acquire Pactel
Pactel is acquired by the partnership of TA Associates and SpeedCast. One of the leading global private equity firms, TA Associates has entered into an agreement with its portfolio company SpeedCast Ltd to acquire Pactel International.
The Gores Group Acquires Etrali Trading
The Gores Group purchases Etrali Trading Services from France Telecom-Orange. The global investment firm, the Gores Group together with France Telecom-Orange, the worldwide telecommunications service provider, had announced the acquisition of Etrali Orange Business Services - Trading Solutions.
International Business Machines Corp to Acquire SoftLayer Technologies
IBM announced acquisition of SoftLayer Technologies and the creation of a new division in the company for cloud-based services to its clients.
Zain to Put Up Company in Iraq
Zain would establish an Iraqi company to comply with IPO regulations in the country. The largest mobile company in Kuwait, Mobile Telecommunications Co, popularly known as Zain, is now in the process of creating an Iraqi company so that Zain Iraq would be able to comply with the regulations on public share sales.
Latest News
Grupo Gigante purchases Office Depot share in Latin American venture. The Mexican company that operates office supply stores, Grupo Gigante SAB, has agreed to purchase half of the venture of Office Depot Inc in the country worth 8.
Pirelli chairman seeks to include new investors after falling out with major partner in the Pirelli investment.
Salesforce purchases ExactTarget for US$2.5 billion. The largest maker of online sales management tools, Salesforce. com Inc, has announced it would purchase ExactTarget, the marketing software maker.
Emaar MGF, the joint venture between Emaar Properties PJSC and MGF Development Ltd is being accused of FEMA violations.
Cardio3 BioSciences is planning an IPO after a previous unsuccessful run. (Photo : Reuters)The image is the microscopic view of a stem cell sample. Cardio3 BioSciences, the heart drug specialist pharmaceutical firm from Belgium, is now in the midst of planning the stock market offer of its shares in the Brussels and Paris bourses.
BlackRock, in a bid to lower trading costs as well as attract more investors, is setting up the first European ETF.
Nathan Tinkler agrees to a settle a US$12 million agreement with Blackwood Corp Ltd for a lawsuit filed against him for insolvent trading.
Mid-America Apartment Communities Inc. announced to buy Colonial Properties Trust for US$2.17 billion.
Two separate courts issued temporary restraining orders, restricting Royalty Pharma to bid for Elan.
