CEO of Sainsbury Sells Portion of His Shares

Sainsbury CEO Justin King sells part of his shares. (Photo : Reuters)The image is the Sainsbury branch during evenings. J Sainsbury Place is the third biggest grocer in the United Kingdom.


High Risks with Osram Market Debut

Osram warns of share value drop at debut in the market. (Photo : Reuters)The logo of Osram. In an effort to focus on the more profitable line of business, Siemens is set to spin-off its lighting arm Osram.

CORRECTED: Mauritius Commercial Bank to raise US$161 million

Mauritius Commercial Bank is aiming to raise 5 billion rupees. (Photo : Reuters)A building of Mauritius Commercial Bank. The Mauritius Commercial Bank is aiming to raise more than 5 billion rupees that would allow it to go ahead with a restricting plan.

Apax Partners raises US$7.5B for its latest fund

Apax Partners raises funds for its latest fund Apax VII. (Photo : REUTERS)To match Insight APAX/ In a statement Friday, Apax Partners said it had raised nearly US$7.


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Adstage receives US$100,000 seed funding from the LAUNCH Fund. (Photo : Reuters)The image is a network of computers that is online where advertising is present.
No new offer for ENRC buyout. (Photo : Reuters)The image is the corporate logo of ENRC. The founding trio for mining company ENRC is not making any new offers for their their bid to buyout the other investors in the company.
Fiat refinances 2 billion euro loan to acquire Chrysler. (Photo : Reuters)The image is the Fiat showcase during a carshow. In a bid to become the world's seventh largest car maker basing on sales, Fiat has announced that it is refinancing a loan valued at 2 billion euros.
Intuit has purchased Elastic Intelligence to utilize Connection Cloud Technologies. (Photo : Reuters)The image is the corporate logo of Intuit. Intuit, the business company that focuses on small and medium scale enterprises, has acquires Elastic Intelligence.
SiteScout purchases assets of the closed Adbrite for its system integration and improvement. (Photo : Reuters)The image is the corporate logo of the closed down AdBrite.
Moncler will be trying an IPO the second time around. Skiwear (Photo : Reuters)This is the logo of Moncler. maker Moncler is making another attempt for an IPO.
Mediobanca planned to sell almost all of its large stakes in companies after being held under pressure to improve shareholders returns.
John Mattera, former hedge fund manager of Praetorian Global Fund Ltd. was sentenced 11 years of imprisonment after pleading guilty to Facebook and Groupon scam.
Cochin Shipyard considered IPO to fund its expansion that is valued roughly at RS1500 crore. (Photo : Reuters)The image shows a ship dry docking at a port.
Bell Hospital's directors announced today that it has signed an agreement to be acquired by LifePoint Hospitals.