Consumer Electronics
Cathedral Capital Up for Sale
Cathedral Capital offered for sale by Lloyd's of London. According to reports, Lloyd's of London insurer Cathedral Capital is up on the auction block.
Fairway Market Raises US$178.1 million in IPO
Fairway Market offers 13.7 million shares at US$13 per share totaling US178.1 million. Fairway Market, the high end grocery store chain, has announced the price of its initial public offer of 13.
Bushmaster Maker Subject to Stalking Horse Bid
Stephen Feinberg, owner of Cerberus Capital Management, may bid for shareholdings of Freedom Group after his own firm is selling off the shares.
Biosev Offer Money Back Guarantee at IPO
Biosev SA, to ease concerns about Brazil's equity market, offers a money back guarantee for its IPO.
Latest News
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.
LVMH purchases nearly half of RM Williams of Australia. A private investment fund financed by a French luxury brand LVMH Group has bought 49. 9% of Australia's R.
OpenCoin finalizes successful financing round with angel investors. In an announcement, OpenCoin disclosed that it had closed a round of financial investments from angel investors.
Pearson Plc to transfer its BDFM Publishers shareholdings to Times Media Group Ltd. The owner of the Financial Times newspaper, Pearson Plc has entered into an agreement to sell off its 50% shareholdings in publisher BDFM Publishers.
Distell's purchase of Burn Stewart expands its market. South Africa's largest wine and spirit producer, Distell Group Ltd, is planning to acquire Scotch whisky maker Burn Stewart Distillers Ltd.
Betfair is entertaining bids and according to its former CEO, has lost its way. Betfair, the online gambling company, is now the object of a takeover bid from CVC Capital Partners.
Private equity CVC Capital Partners, which owns Formula One, is reportedly eyeing online gambling group Betfair, according to reports.
The Italian publisher RCS MediaGroup has agreed to a recovery plan. The RCS MediaGroup Board of Directors have approved the terms of a capitalization round and a debt refinancing plan required for its rehabilitation.
With restrictions on shelved produce, days of operation and zoning regulations, many big box retailers such as Tesco are being squeezed in the South Korean market.
Internet retailer Amazon.com Inc has increased stock compensation for key executives in 2012, using Apple as a peer group in helping it determine how much to pay executives.