A Securities and Exchange Commission filing today revealed that Hilton Worldwide applied for a USD 1.25 billion IPO.
Corporations
Maker Studios raised USD26 million for offshore expansion
Youtube network company Maker Studios recently concluded its Series C funding that it had started in December last year with an additional USD26 million in commitments.
Shareholders vote on Michael Dell's buyout offer today
Dell Inc shareholders started casting their votes to approve Michael Dell's buyout offer today.
Vivendi nearing spin off, Bollore is new deputy chair
According to a Bloomberg report, Vivendi SA would be moving closer to a spin off of its telecommunication and media assets, with investor Vincent Bollore appointed as new deputy chairman.
Virgin Atlantic set to partner with Gulf region air carrier
Virgin Atlantic's partnership with Delta Air is sought to be replicated in the Gulf region. Virgin Atlantic's Richard Branson is contemplating the option of forging an east-focused alliance with a major carrier from the Gulf region.
Latest News
Rig operator Odfjell Drilling prepared to list in the Oslo bourse as shareholder BCB Paragon Trust planned an IPO.
Analysts had said that Southeastern Asset Management's purchase of a 12% voting stake in News Corp was dubious.
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.
US defense contractor Lockheed Martin said it was looking to make more acquisitions after its purchase of IT firm Amor Group.
As risk is shunned by regular banks, Melody Capital Partners takes on risk to expand its business. After the announcement by UBS AG of its closure of its fixed-income trading business last OCtober, three executives of the bank had opened up shop to trade in areas where bigger banks have since refused to tread.
In an interview with CNBC, Carl Icahn confirmed his firm's large purchase of Apple stock as it fell due to consumer disinterest in new iPhone models.
According to sources familiar with the matter, French bank Societe Generale was considering on selling its Asian wealth arm based in Singapore.
The acquisition of IT firm Amor Group was recently announced by Lockheed Martin Group for an undisclosed amount.
KPN's negotiations with America Movil regarding the EUR7.2 billion or USD9.58 million bid remained to be over.
