Vodafone tests M&A history with second deal

Vodafone Group planned a stake sell from its holdings in Verizon Wireless valued more than USD100 billion.


Ackermann steps down from Zurich board

Zurich Insurance executive Josef Ackermann resigned from the company after its finance chief died of suspected suicide.

Bidders for BondDesk known

Two of the three bidders for BondDesk Group LLC have been identified. Tradeweb and MarketAxess, two of the leading institutional fixed-income trading platform providers, are two of the three bidders for BondDesk Group LLC.

Carlyle and Townsend fund USD200 million for strategic partnership to tap logistics market in China

The Carlyle Group and Townsend Group co-invested USD 200 million in a strategic partnership with Shanghai Yupei Group for a logistics platform in China.


Latest News

California-based Retention Science got more than USD 750,000 from Forerunner Ventures, an early-stage venture capital firm.
Alliance Global Group acquired Touch Solutions to facilitate the backdoor listing of its liquor unit.
Women's boutique retailer Francesca's Holdings Corp. has ousted Lululemon as the most attractive company to date to land private equity bids.
The partnerships of SAIC Motor Corp with Western car manufacturers helped boost its sales for the first half of this year.
A Philippine regulator said that the bidding for the LRT Line 1 Cavite extension project had failed.
Tanzania's National Development Corporation signed a joint venture agreement with Nava Bharat of Singapore for an oil palm farm and processing facility.
Geneva-based biopharmaceutical company ObsEva announced that it was able to raise CHF 32 million for its Series A round.
Vodafone Group released a statement saying that there is “no certainty that an agreement will be reached.”
State-owned Mubadala Development Co and Amsterdam-based Trafigura Beheer submitted joint bids for Eike Batista's MMX Mineracao & Metalicos.
Wesfarmers Ltd was able to gather AUD 304 million through a lease securitization deal with a special purpose entity.