Aramak Holdings Corp. announced launching an initial public offering worth USD100 million to repay debt.
Sectors
KKR to acquire Gland Pharma
According to two sources, KKR would acquire Gland Pharma for INR1 billion and would push through by the end of the month.
Telecom Commission clears TCI exit
The Indian Telecom Commission had cleared the planned exit of Telecommunication Consultants India (TCIL) for its 30% stake in Bharti Hexacom.
Asian stocks climb, oil data slips
An extended rally for the benchmark gauge this year had marked the increase in Asian stocks. Asian stocks had increased which marked an extended rally for the benchmark gauge this year.
Nestle weighs L'Oreal stake sale
Nestle SA said that it would keep all possible options open as it considers the sale of its 29.4% stake in L'Oreal SA.
Latest News
Livefyre announced that it had acquired Storify without disclosing the financial terms of the deal. Livefyre is a commenting platform used by TechCrunch and other websites.
C.James "Jim" Koch had become a millionaire after the success of the Samuel Adams brand that turned Boston Beer Co. the second largest US-owned brewery.
Incumaker Inc. had announced completed acquisition for Cryogenic Therapy Company. Today, Incumaker Inc. announced that it had completed its acquisition of CryoMist I and CryoMist II.
Today, Limoneira Company announced its completed acquisition for Associated Citrus Packers in a deal valued USD18.6 million.
JP Morgan Chase & Co. CFO Marianne Lake forecast losses from its mortgage origination business during her presentation to investors held last Monday.
Today, HIG Capital announced its acquisition for a majority stake in Eletromidia, a leading player in outdoor advertising industry.
Facebook Inc. launched a new service allow news organizations to display public posts that mentions any topic in real time.
HookLogic raised a USD14 million in Series B growth funding. HookLogic had received a USD14 million Series B growth investment to further expand its leadership in the commerce search advertising industry.
Orange SA sees market consolidation as the next wave should Telefonica SA and Royal KPN NV merge. The largest phone company in France, Orange SA, said that if the Telefonica SA and Royal KPN NV bid to merge their German assets receives regulatory approval, there would be a major shake up in the telecommunications industry in Europe.
