Marc Castro

Arbitrator orders Starbucks to pay up

In finding the termination of the agreement was improperly made, an arbitrator ruled that Starbucks is liable to pay a total of USD2.76 million to Mondelez-Kraft for violating the terms of its contract.

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Cooper seeks higher court to ruling on delayed takeover

Cooper had sought the jurisdiction of the Delaware Supreme Court to rule on the order by Delaware Chancery Court Judge Sam Glasscock III finding no fault on Apollo for the delayed merger.

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Warrnambool bidding heats up with Murray Goulburn increasing its offer

Warrnambool Cheese and Butter Factory is now the subject of a three way battle as bidders Bega Cheese, Saputo and Murray Goulburn all seek to be the owner of the manufacturer of brands such as Sungold Milk and Great Ocean cheese.

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OAO Sberbank undergoes structural changes to improve

OAO Sberbank, under the leadership of CEO Herman Gref, had undergone layoffs as well as transitions to become one of the top banks in Europe, with interests in Eastern Europe and Turkey.

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American Airlines merger with US Airways Group Inc has been settled

A settlement was reached between representatives of both American Airlines and US Airways Group and the US Department of Justice would pave the way to the approval of the merger.

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Kenko.com Inc unit files suit against proposed ban on online drug sales

Rakuten Inc sought court action to stop the passage of the bill to prohibit the over the counter sales of certain drugs over the Internet.

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Carlyle Group announces the closure of a collateralized loan obligation worth USD517 million

The Carlyle Group announced the closure of the latest collateralized loan obligation, which is the company's way of investing into the market through global market strategies and solutions, real assets and corporate private equity.

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NorthEdge Capital invests in Fine Industries

NorthEdge Capital invests GBP25.5 million in chemicals manufacturer Fine Industries Ltd of the Teeside, UK area to boost the company's presence and production for its future.

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itBit creates Bitcoin exchange platform

itBit is a digital currency exchange that provides the latest platform for Bitcoind trading in differing currencies such as the US Dollar, Singaporean Dollars and in Euros.

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Solicore announces closure of Series A funding round

Solicore announced the first closure of its preferred shares A1 financing round with the participation of both new and existing investors to raise USD4 million in funding.

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Project A is welcomed by Tictail as its strategic partner

Project A's Managing Director joins the board of Tictail for strategic and operational cooperation, whose membership includes experts in the social media and ecommerce platform.

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Pacific Northern recapitalizes with the help of hedge fund firms

Barton Equity Partners and Tuckerman Capital extend financial assistance to Pacific Northern and its management in its dividend recapitalization undertaking for its expansion in the luxury market.

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qodeo set to launch its cloud based service

qodeo would be launching its cloud based service providing information as to VC/PE firms, pension and sovereign funds and user driven data for both business and academic purposes.

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Graphite Capital sells off interest in Park Holidays UK to Caledonia Investments

Graphite Capital enters into an agreement with Caledonia Investments, an investment trust company, over the sale of Park Holidays UK for a value of GBP172 million.

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Monroe Capital welcomes new Los Angeles office managing director

Bradley Nii was introduced by Monroe Capital LLC as its new Managing Director for its Los Angeles office as well as its new Group Head for the Southern California region.

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