Lucky Brand and Juicy Couture of Fifth and Pacific Cos now offered for sale. Lucky Brand and Juicy Couture Brands of Fifth and Pacific Cos. have received offers from potential bidders.
Consumer Electronics
Google Commits Changes to Settle EU Probe - Source
Google Inc. has reportedly offered a final package of commitments that include some changes in its operations in a bid to settle a European Union antitrust investigation on alleged discrimination against its competitors, according to a source.
Japan's Sharp Corp to sell 9.2 stake in Pioneer Corp, reports say
Japan's electronics maker Sharp Corp is selling its 9.2 percent stake in Pioneer Corp, according to Japanese newspaper Nikkei
JAB aims to build coffee conglomerate with Master Blenders purchase
Aiming to build a coffee conglomerate, Joh A. Benckiser, the investment arm of billionaire Reiman family, is set to acquire D.E. Master Blenders 1753 NV for about 7.5 billion euros ($9.8 billion).
Italy's Wind to invest $1.3 billion on 4G network
Italian mobile phone operator Wind is set to step up its technology with a $1.3 billion investment on building a fourth generation (4G) mobile broadband network.
Latest News
Public pension fund Birmingham Retirement & Relief System has sued SAC Capital Advisors LP over allegations of insider trading.
Harvard Management Company's director for private equity and venture capital, Peter Dolan, has resigned from his post on April 10.
Heinz buyout is a deviation from Buffett's known acquisition formula. At the announcement of the deal to acquire Heinz, the venerable Warren Buffett had stamped his approval with then CEO Bill Johnson.
Private equity firm Carlyle Group is set to sign investment deals in Africa to tap the increasing customer spending in the continent.
European private equity firm AXA Private Equity has sold its majority stake in Aixam Mega to Polaris Industries, a US in group specializing in powersports.
Preplay raises US$4.7 million in Series B funding. At the relaunch of PrePlay Inc's MLB PrePlay v2. 0 for Android and iOS, the company announced the closure of their Series B Financing at US$4.
Heineken is reviewing its options, including selling its shares to Hartwall. Dutch brewer, Heineken, is planning to sell its Finnish subsidiary Hartwall to Hartwall Capital.
Beleaguered company J. C. Penney Co Inc has engaged the services of Blackstone Group LP's financial advisory arm for their expertise on how to best position the firm financially, according to sources.
In a push for diversification, DreamWorks Animation purchases the worldwide rights for Troll Doll Toys.
