China's Dongfeng Motor Group decides not to continue bidding for a major stake in Fisker Automotive over loan obligations.
Consumer Electronics
UPDATE - Fisker Mulls Bankruptcy
Fisker Automotive has hired the law firm Kirkland and Ellis to review its bankruptcy options. The green car manufacturer that has undergone financial losses with losses at the NY/NJ Port area as well as funding issues Fisker Automotive is now mulling seeking bankruptcy protection.
JAB offers DEB Eur6.4 billion Buyout
Joh A Benkinser has offered to purchase DE Masters Blenders for Eur6.4 billion. A Eur6. 4 billion buyout bid was made by Joh A Benkiser, a German investor for D.
Amazon to Acquire Goodreads
Amazon purchases Goodreads for an undisclosed amount. Goodreads is a book recommendation website and is now the subject of acquisition plans by online retail giant Amazon.
Fiat Seeks Credit Line Prior to Chrysler Deal
Fiat to secure credit line to prepare for options in the next move for Chrysler shares. Fiat SpA has reached out to banks for the refinancing of its Eur1.
Latest News
International Investment Bank of Bahrain purchases 10% of Leeds United Football Club. Leeds United, the UK football club has sold a 10% stake to the International Investment Bank of Bahrain.
John Malone's Liberty Global purchases Ziggo stake from Barclays Bank. Liberty Global, the cable investment firm founded by John Malone, has recently purchased a 12.
Dutch coffee maker D.E. Master Blenders has been in talks on its buyout by a group led by Germany's Joh. A. Benckiser GmbH in an around 7.6 billion euro deal.
Matrimony.com is now preparing for IPO. In a country that spends US$37 billion a year on weddings, it is no wonder that one of its premiere matchmaking sites is going public.
Shares in Tipco have increased dramatically despite the possible buyout by a group led by Thai billionaire Chareon Sirivadhanabhakdi.
Panasonic of Japan is trying to structurally change in order to address major weaknesses in its business structure.
Perform enters into partnership with ACBJ, current owners of the Sporting News. Perform, the British digital rights firm has entered into a partnership with Sporting News, the US media brand to boost its expansion into the North American Market.
Constellation Hotels has purchased IHG's London Park Lane Hotel for over GBP401.5 million. Constellation Hotels has recently acquired the InterContinental London Park Lane hotel for the amount of GBP 400 million.
Hoau, TNT Express' road business in China is now the property of CITIC Private Equity. TNT Express, the Dutch express delivery service provider has announced the sale of Hoau, its domestic road business in China.
