Mylan’s acquisition of a unit at Strides Arcolab Ltd announced July 8 was deferred by Indian regulators.
Sectors
Kingsway and Atlas Signs Non-Binding Letter of Intent For Sale of Shares
Kingsway announced that they have signed non-binding letter of intent with Atlas for sale of preferred shares
Sprint Shareholders to Get Cash in SoftBank Takeover
Sprint investors preferred to get cash rather than stock after the takeover bid by SoftBank won approval from the Federal Communications Communication last week.
Jones Group Hires Citi To Explore Possible Sale
Jones Group, parent company of Nine West hired Citigroup to explore possible sale Jones Group, parent company of Nine West, is at the early stages of sending out feelers to private equity and industry player about intents on putting the company on sale.
NRG Energy Announces the Initial Public Offering of NRG Yield
NRG Energy Inc announced today the initial public offering for its wholly owned subsidiary, NRG Yield.
Latest News
Moelis & Co decided to pay US$35 million to its investors and employees that held a stake in the firm.
Three bidders in a race to purchase Hulu Hulu attracted three bids worth over US$1 billion from interested companies. The bidders include the partnership of AT&T and Cherin Group.
Last Monday, LVMH announced an 80% acquisition deal of Loro Piana priced at Eur2 billion. On Monday, LVMH said that it has acquired 80% of Loro Piana, an Italian luxury cashmere clothing brand.
Starboard announced that they were able to acquire a 6.9% stake in Emulex Starboard Value LP announced that they acquired a 6. 9% stake in Emulex Corp.
Michael Dell has received support from Institutional Shareholder Services Inc. for the $24.4 billion acquisition of his company.
Greece got cash lifeline funded by the euro zone and the International Monetary Fund which spared the country from incurring debt default by August.
Yanzhou of China offered to buy the remaining shares that they do not yet own in coal mining company, Yancoal
The shareholders at Clearwire approved the buyout bid from Sprint Nextel to acquire more than 49% of the company that it does not own on Monday.
Chief Executive Officer for Barnes & Noble William Lynch resigned on Monday after failure to lead the US bookstore chain to compete against Amazon.com and Google Inc in the online market.
