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Wilbur Ross hedges bet on emerging market growth
Ross' investments in shipping is based on faith that emerging markets would boost trade in the long haul.
Billionaire Ross spends USD100 million for shipping venture
Billionaire investor Wilbur Ross spent USD100 million to acquire vessels hauling dry commodity. Wilbur Ross, billionaire investor and owner of WL Ross &Co.
Intel has acquired Kno as it ventures into education tablets
Intel Corporation acquired e-learning software company Kno. Intel Corporation recently acquired software company Kno. The latter began as a hardware company that later pivoted into producing eTextbooks and eBooks for college and K-12 students and publishers.
Royal Bank of Scotland to pay SEC USD153.7 M
The Royal Bank of Scotland entered into a settlement with the Securities and Exchange Commission amounting to USD153.7 million.
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The following bids, mergers, acquisitions and disposals were reported on Friday. The following bids, mergers, acquisitions and disposals were reported on Friday:- Healthcare conglomerate Danaher Corp has teamed up with Blackstone Group LP BX.
According to Judge Sam Glasscock, it found Cooper's allegations to be without merit as against the actions of Apollo in its buyout negotiations.
Micro-blogging site Twitter closed at USD41.65 today, dropping by 7.24% from its IPO debut. Social media site Twitter closed its second day of trading at USD41.
Symbion, which was privatized in 2007, is preparing for its sale. Surgical facilities operator Symbion Inc, which was privatized back in 2007, is now up for sale.
In preparation for its 2014 IPO, Box had appointed banks to manage the share sale and market debut. Another one of Silicon Valley's highly anticipated IPO issues is data storage company Box.
Amidst rumors of a pending bankruptcy filing, secured bonds of OSX Brazil now trade at a two month high.
Priceline.com has appointed Darren Huston to become its new CEO. A new Chief Executive Officer was installed at Priceline. com Inc, this comes after its incumbent CEO Jeffrey Boyd would be elevated as chairman.
Crestview Partners started its fundraising efforts for USD3 billion for its third middle market fund.
The Stability Fund was created as part of the bailout package of UBS AG and now, it was time for the bank to pay back the fund under a given formula.
Johnson Controls recently bought 90% of the stakes in battery maker MAC. Johnson Controls Inc. (JCI) announced its acquisition of a majority stake in battery company MAC, which conducts business across Central and South America, This was according to a report published by Journal Sentinel.




