Should Vodafone buy out its minority shareholders in its Indian subsidiary, it would be the first foreign telecommunications firm to do so after the new rules were implemented.
Sectors
Email of Mark Cuban presented as evidence
Mark Cuban's insider trading trial saw emails he sent to then UBS SVP Charles McKinney support earlier testimony made by the Dallas Mavericks owner.
McKesson interest in Celesio causes drug wholesaler's shares to rise
As reported by Dow Jones, Celesio shares increase after McKesson interest in buyout becomes public. After a report that the McKesson Corp was in discussions with Celesio AG majority shareholder Franz Haniel & Cie GmbH as to a possible buyout, share values of the German drug wholesaler rose to their highest in seventeen years.
Russia's Rostelecom and Tele2 set to explore merger
Tele2 Russia and Rostelecom set to merge after an agreement was formalized to create the fourth largest mobile operator in Russia.
Lululemon's eyes overseas growth
Lululemon Athletica, a yogawear manufacturer, had been looking into expansion as it sees the overseas market to have a promising growth, said a Reuters report.
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Venture funding amounting to USD1.5 million in venture funding was received by elevate DIGITAL for its expansion and development purposes.
The global satellite services would be expanded through the capital investment of I2BF Global Ventures in Dauria Aerospace.
S. Scott Parel was introduced as the newest member of Sidley Austin LLP and partner for global private equity and M&A.
Molecular Templates scored USD 8.5 million in its Series C round led by Excel Venture Management. Biopharmaceutical company Molecular Templates Inc closed its Series C financing with USD 8.
Two major names, R Stephen Hannahs and Two Sigma Private Investments, announce the formation of Wings Capital Partners.
Lime Rock closed its third fund with USD 750 million in capital commitments. Private equity company Lime Rock said it was able to close Lime Rock Resources III with capital commitments amounting to USD 750 million.
Google Ventures led the Series B funding round for software firm Enterproid, of which the round raised USD12 million.
Etsy chief executive Chad Dickerson said in a report that the company did not foresee a need for a divestiture as it had been profitable the past eight years.
Five HTC One 3 mobile phones made with 18-carat gold were commissioned by the management of Music of Black Origin (MOBO) Awards to HTC Corporation.
