L'Oreal CEO Jean-Paul Agon said that the company would be ready to buy Nestle's stake in the company which was valued at EUR22 billion.
Consumer Electronics
Sale of healthcare unit boosts Sime Darby profits
Malaysian palm oil producer Sime Darby said the sale of its healthcare unit boosted fourth quarter profits.
Dial Global exit to Cumulus Media is worth USD260 million: newspaper source
A Reuters report cited Wall Street Journal sources who said that Cumulus Media, a radio broadcasting company set its sight on buying out Dial Global, a content producer, for USD260 million in cash.
AIG to divest ILFC ownership by sale or IPO
AIG has sought to divest its ownership of ILFC through a sale or if there is none agreed on, through an IPO.
TH Lee Partners LP obtains dismissal of conspiracy charges filed against them
TH Lee Partners LP is discharged as a defendant in the case of an 'overarching' conspiracy regarding buyouts and the collusion between private equity firms.
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The Carlyle Group and Townsend Group co-invested USD 200 million in a strategic partnership with Shanghai Yupei Group for a logistics platform in China.
Alliance Global Group acquired Touch Solutions to facilitate the backdoor listing of its liquor unit.
Women's boutique retailer Francesca's Holdings Corp. has ousted Lululemon as the most attractive company to date to land private equity bids.
Fraser and Neave Ltd said that the company is in a dispute with its joint venture partner regarding its stake in Myanmar Brewery Ltd..
Carrefour posted improved profits in the first half of 2013 despite discontinuing a number of operations.
A document released on Wednesday discussed that the US Justice Department was open to settle the antitrust lawsuit it filed against US Airways(UA) and American Airlines (AA).
Bill Ackman lost half his investment after selling entire J.C. Penney stake to Citigroup. Former board member Bill Ackman is officially through with the retailer.
Global firms had eyed on agrochemical manufacturers as agrochemical patents in India would expire by 2020.
After global food safety scare, Danone SA unit plans to take legal action against New Zealand's Fonterra.
