Aeolus enters agreement with accredited investors on private placement financing worth of 3.2 million dollars
Regions
CSC Selling Reseller Unit
CSC divesting interest in ESI. An agreement was recently reached by CSC and Itochu Techno-Solutions Corporation (CTC) together with the ITOCHU Corporation for the sale of the Enterprise Systems Integration (ESI) unit at CSC.
Essex Expands San Francisco Interests
Essex Property purchases Fox Plaza property Essex Property Trust, Inc. , one of the foremost property developers in the West Coast has expanded in its property interests in San Francisco, California with the recent purchase of the Fox Plaza.
Talent Agency IMG Sold by Forstmann Little
Forstmann Little is now deep into preparation for the sale of IMG, the sports and modelling agency. IMG, one of the most prominent talent agencies in the world who represents such names as Serbian tennis superstar Novak Djokovic as well as Brazilian supermodel Giselle Bundchen-Brady has recently been put up for sale.
US$2.5 Billion Funding for Pinterest
Pinterest wins US$200,000 funding to increase value to US$2.5 billion. (A screen grab of the home page of Pinterest. com) Pinterest, the most popular online image pinboard recently won US$200 million worth of new funding for its operations.
Latest News
Standard Chartered has announced the appointment of Tom Emmet to lead merger and acquisition activities in the Middle East and North America.
Credit Agricole posted a 6.5 billion-euro full-year loss - the worst since the French bank went public in 2001
Spectris said full-year operating profit rose 12 percent as sales in its industrial controls business almost doubled
Leighton and Ontario Teachers' Pension Plan Reached Agreement on the sale of 70 percents of telecommunication assets.
Target has sold its credit card portfolio in the U.S. to TD Bank to pay debts. American retailing company Target Corp. announces its agreement on the sale of its existing credit card portfolio in the U.
TSYS widens its presence in prepaid card market through its plan to purchase debit card provider NetSpend Holdings Inc.
Global stock markets rose on Tuesday as U.S. stocks were boosted by news of yet another possible merger that suggested there is still room to the upside, while a pick-up in German economic sentiment supported European stocks.
The FSA has approved the plan of private banking firm Edmond de Rothschild to start a private merchant bank in the UK
Sources report that Geely Holding Group would likely win bid for Fisker's green car startup Chinese Zhejiang Geely Holding Group competes with Dongfeng Motor Group Co.
