Due to internal issues and weak market conditions, Toys R Us withdrew its IPO proposal. Toys R Us Inc formally withdrew its initial public offering proposal last Friday.
Tags: CEO
ASML Holdings Announces Plans for 2013
ASML Holdings introduces new CEO and unveils buyback plan for shares. The largest semiconductor equipment supplier in Europe, ASML Holding NV has appointed its finance director Peter Wennink to the position of Chief Executive Officer.
Financial Support and New CEO for Powerwave Technologies
Powerwave Technologies gets a shot in the arm in the form of a credit facility from P-Wave Holdings, an affiliate of The Gores Group.
Henkel Ready for New Acquisitions
The German consumers giant Henkel has a fund for new acquisitions. Henkel, the German consumer goods giant, has a fund worth between Eur3. 5 billion and 4 billion or US$4.
Ducati's current CEO frontrunner to be Alitalia's new CEO
Andrea Ragnetti may have to leave Ducati as CEO when asked to become Alitalia's new CEO. The chief executive officer of renowned Italian motorcycle builder Ducati, Gabriele Del Torchio is the top choice to take over the helm of ailing airline Alitalia.
Latest News
Shire pay US$160 million for SARcode Bioscience. Shire recently announced its purchase of privately owned US biotech firm SARcode Bioscience. The acquisition was worth US$160 million and central to the deal is the rights over a new drug in the late stages of development that helps cure dry eye disease.
Rosetta purchases oil shale acreage from Comstock. Rosetta Resources Inc, the oil and natural gas producer, would be investing in Comstock Resources Inc's acreage located in West Texas Permian Basin.
Hulu appoints Andy Forsell as Interim CEO pending decision by Disney and News Corp on future of the website.
Rumors of the sale of UBS wealth management subsidiary quashed by CEO remarks. This was the statement from Chief Executive Officer Sergio Ermotti when asked if UBS was planning to sell its wealth management arm.
Xstrata CEO to set up private mining fund when he leaves company after Glencore takeover. After Glencore International takes over Xstrata Plc, former top management of Xstrata are planning their next move.
Apple Inc executives met with Beats LLC executives for Project Daisy. Apple Inc, after its shareholder meeting, is now keen on doing business and one of its projects is its current discussions with Beats Electronics LLC.
Arabtec to have bond issue and share sale to raise capital for 2013. Arabtec, the Dubai based construction firm went through a major management shakeup last week.
Best Buy closes chapter on Schulze takeover bid. With the clock passing on the deadline for the Richard Schulze offer to be filed, Best Buy is now going with the turnaround plan proposed by current CEO Hubert Joly.
Barnes and Noble Chairman to decide future of the book retailer. A bloc stakeholder in Barnes and Nobles retail stores, Liberty Media Corp, has said it has the power to veto a sale of assets of the company.
