Corporations

STK steakhouse chain to merge with publicly-listed company - report

One Group LLC, owner of the STK steakhouse chain, would be merging with Committed Capital Acquisition Corp, said a Wall Street Journal report.


Roche CEO squelches possible merger with Novartis

Roche Chief Executive Officer Severin Schwan said the founding families of Roche Holding would prefer to remain independent.

Ferrero not for sale, denies receiving bid from Nestle

Italian confectionery firm Ferrero said through its spokesman that reports about the company receiving acquisition offers were complete fabrications.

Study finds Oreos addictive like cocaine

A study found that Oreo cookies were as addictive as cocaine. A recent study conducted by a team at Connecticut College in New London found that Oreo cookies were as addictive as cocaine, the LA Times reported.


Latest News

Harley-Davidson voluntarily recalled several motorcycle models made between May to October this year.
British retail giant Tesco Plc is partnering with Tata conglomerate subsidiary Trent to open stores in India.
Wix.com Ltd, the Israeli online provider of website management tools, chose to list in the tech oriented Nasdaq.
A group of private equity investors, SoftBank and eBay had pumped in around USD150 to USD200 million worth of new funding to online marketplace Snapdeal.
BlackRock CEO Laurence D. Fink said the tapering by the US Federal Reserve would be extended until the March.
Wrigley issued a number of debt instruments with specific term lengths, yields and interest rates. An amount worth USD3 billion through a five bond offer was done by Mars Inc's Wm Wrigley Jr Co.
The European expansion plans of billionaire Carlos Slim was put on hold after failing to persuade the management of KPN to accept his takeover proposal.
Ahead of its IPO, Twitter hired JJ Hirschle, a former Google advertising executive as the company aimed to expand its businesses and strengthened its workforce.
Jos. A. Bank Chairman Robert Wildrick said in an interview last Wednesday that the US apparel retailer had received strong support from top shareholders in the company for its Men's Wearhouse Inc. bid valued USD2.3 billion.
Egyptian telecoms magnate Naguib Sawirirs said that the unclear telecommunications policy in Canada would jeopardize foreign investment.
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