Elan CEO Kelly Martin's future employment with the upcoming shareholder vote. (Photo : Reuters)The image is Elan's CEO Kelly Martin. When former Merrill Lynch banker Kelly Martin took over Elan Pharmaceuticals in 2003, it was well known he did not have any drug industry experience.

The promised dividend by PKO to its shareholders would push through even with the Swedish Nordea Bank purchase.

Riverstone Holdings named James T. Hackett as new Partner. (Photo : Reuters)This is the logo of Riverstone Holdings LLC Private investment company Riverstone Holdings LLC announced on Thursday that James T.

Europeean private equity company Cinven posted its close for its Fifth European Buyout Fund amounting to 5.3 billion euros.

Hyde Park Venture Partners closed its inaugural fund with expected $25 million in investments. (Photo : Reuters)The image are fund managers walking towards the sunset.

Coty, a beauty company from New York, is selling its shares to the public. An initial public offering within the expected range of $17. 50 per share was set by Coty, a New York-based beauty and cosmetics company on Wednesday.

Social app Wrapp announced its raising of $15 million in Series B funding. Social gifting application developer Wrapp said that it has acquired $15 million in Series B investments, Thursday.

Scientific journal publisher Springer Science will soon be acquired by BC Partners for over 3 billion euros.

Solar design company Circular Energy raised $2.7 million in funding mainly from Cypress Capital. Circular Energy, a solar design and full-service installation company, raised $2.

Rhoen-Klinikum that discussiins with Fresenius SE is not precursor to takeover. Rhoen-Klinikum, a cooperation of hospitals and clinics based out of Bad Neustadt an der Saale in Germany, warned that the vote by its shareholders against the takeover of another German hospital operator is not a precursor for another for its previous bidder, Fresenius.