Consumer Electronics

Marriott nearing completion of property sale to sovereign wealth fund

The sale of three Edition-branded properties are nearing completion according to Marriott CEO Arne Sorenson.


CTPartners inks deal to buy Taylor Executive Consultancy Latam

CTPartners signs a letter of intent to buy Taylor Executive Consultancy Latam. Global executive headhunter CTPartners announced that it would be acquiring Mexican executive search company Taylor Executive Consultancy Latam S.

iGate has new President and CEO

Ashok Vemuri is iGate's new President and CEO, succeeding deposed CEO Phaneesh Murthy. iGate, the outsourcing firm from India, had recently appointed Ashok Vemuri as its President and CEO effective on September 16.

Agribusiness Cargilll CEO to step down

In what was termed as ongoing succession planning, Agribusiness Cargill's CEO Gregory Page would be stepping down by December 1, 2013.


Latest News

Newell Rubbermaid Inc. announced today it had closed the sale of its hardware businesses with gross proceeds valued USD214 million.
The buyout firm is now the second largest shareholder in News Corp after mogul Rupert Murdoch. CORRECTED: Reference of Southeastern Asset Management as a hedge fund when it is a global investment management firm.
Because of the uncertainty as to the result of the case filed in court, the deadline of the merger between the two airlines was sought to be extended.
Creative Learning subsidiary BFK Franchise Company, LLC had announced that it would be selling a Master Franchise to Blockheads Ltd.
Corridor Capital purchased Innovative Office Products for an undisclosed amount. Private equity firm Corridor Capital closed its acquisition of Innovative Office Products (IOP).
Voters rejected the casino proposal of Hard Rock International for West Springfield, Massachusetts. The casino proposal of Hard International for West Springfield, Massachusetts was rejected by voters in West Springfield, Massachusetts.
Synnex Corp. announced that it would acquire IBM's BPO services through a combination of cash and stock payment.
Tesco would lend Yucaipa investment firm GBP80 million to take Fresh & Easy stores off its hand. UK based Tesco would lend US billionaire Ron Burkle's Yucaipa investment firm GBP80 million.
Tesla's ingenious buy back scheme for the Model S would allow it control over the price at repurchase, thus generating more revenue.
Blitsy, the online crafts company and site, received over a million dollars in seed funding from known institutional and angel investors.
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