Sectors
Reliance Set to Expand Businesses
According to its Chairman, Mukesh Ambani, Reliance Industries would expand its business operations in the next three years.
Royalty Pharma Extends Elan Response Deadline to Offer
Royalty Pharma extends deadline for Elan to respond to its unsolicited offer. The private equity firm that invests in royalty streams from pharmaceuticals, Royalty Pharma, had extended the deadline for Elan Corp to respond to its US$6.
KKR Ventures Into Euro Property Market
For its first European property purchase, KKR acquired 430,000 square feet of UK retail parks in Oxford, Glasgow and Sunderland.
JPM Fails Challenge to California Cost Recovery Plan
JPMorgan Chase & Co. (JPM) loses its challenge to the cost-recovery plan that the California grid operator requires as set by the Federal Energy Regulatory Commission (FERC).