Blackstone is preparing to make an offer for the 14% shareholdings of LIC in Stock Holdings Corporation of India.
Sectors
Vue Entertainment Acquires Poland's Multikino SA
Vue Entertainment purchases Poland's Multikino SA for an undisclosed amount. The joint vetnure of the ITI Group and AREA Property Partners, Vue Entertainment had announced today that it is acquiring Multikino SA, the leading multiplex operator in Poland.
Kleins to Sell Off Part of Shareholdings in Via Varejo SA
Kleins plan to sell off 53.8 million common shares worth 2 billion reais through a public offer. The Klein family of Brazil has disclosed its plans to sell off nearly 33% of its capital holdings in Via Varejo SA.
Chief Finance Officer of KeyCorp to Retire
KeyCorp CFO to retire soon. KeyCorp disclosed today that current Chief Financial Officer Jeffrey B. Weeden has notified the company of his intent to retire after almost 11 years in the firm.
Schaeffler Terminates Agreement with Continental AG
Schaeffler terminates investment agreement with Continental AG. Continental AG of Germany said that its shareholder Schaeffler has sent a notice of termination for an investment agreement in force since August 2008.
Latest News
Patron Capital Partners is planning to spend nearly Eur1 billion for property purchases in Germany. Patron Capital Partners is a private equity company that does investments in a number of real estate projects throughout Europe.
The new president of Sharp Corp is to be announced together with its earnings report for the year ending March 31, 2013.
Danone purchases organic baby food maker Happy Family for an undisclosed amount. The Paris based owner of Evian water and Activia yogurt, Danone, has entered into an agreement to purchase Happy Family, an American manufacturer of organic baby food.
Coleman Cannon adds his expertise to the San Francisco office of Silicon Legal Strategy. Silicon Legal Strategy disclosed today the addition of Coleman Cannon as Senior Associate in its San Francisco headquarters.
Jeff Richard appointed EVP and CFO for Checkpoint Systems. In an announcement on Monday at 11:00am EST of Checkpoint Systems, it disclosed the appointment of Jeff Richard as the new Executive Vice President and Chief Financial Officer to take effect on the 28th of May 2013.
Glencore Xstrata decides on work stoppage to cut costs amidst falling demand and declining prices for coal in the world market.
Iceland's current dilemma is removal of capital controls but by increasing the money supply, it would present long term risks to its capital market.
The Partnership Assurance Group undertakes IPO, with its owners Cinven planning to sell shares as well as issue new ones.
Goldman Sachs invests US$20 million in BPL Medical Technologies, its second investment in as many weeks.
