Spanish bank Bankinter formed partnership with U.S. investment fund Apollo Global Management to bid for Swiss bank BSI.
Regions
Marriott International Joins IKEA to Launch New European Hotel Chain
Marriott International is expected to open its first Moxy hotel in Milan, Italy by early 2014 as it aims to open more hotels over the next 10 years.
Wells Fargo CFO to Consider Mortgage Servicing Rights Market
Wells Fargo's chief financial officer Tim Sloan revealed during an investor conference that they may consider sale of mortgage servicing rights without any capital pressure.
Firms Plan HD Supply IPO
Fund managers prepare IPO of HD Supply. HD Supply is going public and many private equity firms are preparing for the IPO. This comes six years after the industrial distribution company was bought out of Home Depot Inc for a whopping US$8.
Roche Approves Pay Plans Amidst Pending Huge Pay Ban
Shareholders of Roche have agreed on a company pay plan after Swiss citizens voted on the imposition of a ban on big pays for managers in the country.
Latest News
Security firm G4S has decided to sell its government business unit in the U.S. as the country struggles from budget cuts.
Owners of HD Supply are expected to sell the industrial distribution company in a proposed IPO as it reports significant improvement since financial crises.
Government competition bureau approves sale of Astral to BCE. Approval has been issued by the Competition Bureau of Canada for the purchase of BCE Inc of Astral Media Inc.
Facebook to answer lawsuit over IPO misinformation. Facebook, still reeling from the fiascos of its IPO, is now facing another shareholder lawsuit. The world's biggest social networking company's executives, namely founder and CEO Mark Zuckerberg, its board and other officers for the damage sustained.
New York-based Latin American Private Equity and Venture Capital Association disclosed that buyout and venture capital firms spent $7.9 billion on acquisition activities in Latin America last year as they benefited from fundraising to gain capital.
Trafigura has shown interest in purchasing zinc from global leading zinc provider Nyrstar Commodities trader Trafigura revealed it has interest in bidding to purchase zinc from world's leading producer Nyrstar that could worth about $700 million per year.
Hellermann Tyton would be listed in the London Stock Exchange. Hellermann Tyton's business is the making of cabling products and has announced it would list at least 40% of its shares in the London Stock Exchange this March.
Corvex and Related lose court fight to restrain stock offer by Commonwealth REIT. Despite the objections by investors in CommonWealth REIT, the sale of thirty million shares valued at US$19 per share would proceed as planned.
American oil and gas explorer Anardarko Petroleum has collaborated with Venugopal Dhoot, an Indian tycoon, for the auction of a 20% stake in a Mozambique gas stake that is expected to fetch $4.5 billion.
