Hilco tightens grip on HMV with debt purchase - sources

Restructuring specialist Hilco has bought the debt of HMV giving it a big influence in the fate of the British entertainment retailer


TD Ameritrade Gathers a Record $16 Billion in Net New Client Assets

TD Ameritrade gathered record net new client assets of $16 billion - up more than 50 percent from the same quarter a year ago.

EU mergers and takeovers

Mergers under review by the European Commission and a brief guide to the EU merger process. (Photo : REUTERS)The European flag fly in front of the European Parliament in Strasbourg October 12, 2012.

TransForce Inc. to Acquire Velocity Express for $35 million?

A Montreal-based transportation and logistics company, TransForce Inc., is set to acquire Texas-based Velocity Express and its subsidiaries for approximately $35 million.


Latest News

Germany's central bank is set to bring back 700 tons of gold worth $36 billion stashed in United States and France.
Elephant Talk Communication, Corp., is set to acquire 100 percent assets of Telnicity LLC; a U.S.-based MVNE/MVNO Enabler Company from Oklahoma for approximately $1 million.
A study by UK-based Energy Company; British Petroleum Global reveals that U.S. will become 99 percent energy self-sufficient by 2030.
The Export-Import Bank of the U.S. has sanctioned a $155.4 million direct loan to the Republic of Ghana to finance the design and construction of a hospital in Accra, Ghana.
Leading researchers from academia will soon be part of a $120 million Department of Energy initiative to help develop solutions for producing more ‘rare earth materials’ in the country for lesser dependence on foreign sources.
Mercedes-Benz expects to lose its lead in the U.S. luxury market to German rival BMW, which is expected to be aggressive in its incentive strategy this month.
Japanese conglomerates Mitsubishi Heavy Industries and Hitachi Ltd have decided to merge their thermal power businesses to take a vantage position in the domestic fossil-fuel power business.
The general economic buoyancy in South-east Asian countries coupled with steady credit growth has perceptibly increased global investor interest in leading banks operating in the region.
Even as the British Government lays the ground for its upcoming Energy Bill that will principally aim to promote a low-carbon energy economy in the country, Japanese energy and engineering major Hitachi has completed the acquisition of Britain's Horizon nuclear project.
Russia's largest oil company Rosneft is all set to buy a 50% stake in TNK-BP from BP for a total consideration of about 55 billion.