Cerberus planned to increase its stake in Seibu Holdings Inc. by recommending people to the company's board however shareholders rejected said plan.
Corporations
Travellers International Hotel Group Postpones IPO
Due to current market conditions, the IPO for Travellers International Hotel Group has been postponed to a later date.
Medivir sells Cross Pharma to Unimedic
Unimedic acquired Cross Pharma from Medivir. (Photo : Reuters)The image is a pharmacist filling out a prescription. Unimedic AB successfully closed the deal with Medivir AB to acquire Cross Pharma AB.
German retailer Douglas boosts perfume unit
Douglas, a retailer company from Germany boosted its perfumeries business. (Photo : Reuters)The image shows shoppers inside a perfume retail store. Douglas, a German retailing firm, announced that it was selling Eur500 million or US$655 million to its perfumeries and scents business.
Club Med's board sells stake
Members of the board of Club Med have agreed to sell their stake on the company. (Photo : Reuters)The image is just another idyllic day at Club Med. The board of directors of Club Mediterranee accepted an offer from two shareholders to take over the company.
Latest News
State run oil and gas companies, ONGC and Oil India announced to pay US$2.5 billion for Mozambique field stake from Videovon Industries Ltd.
Aegion Corporation announced today the executive of definitive agreement to acquire Brinderson LP and related entities valued at US$150 million.
bluebird bio Inc. announced closing of its initial public offering after selling 6,832,352 shares priced at US$17 per share piece.
Carrefour, the second largest retailer in Europe planned a sale on its China and Taiwan businesses. (Photo : Reuters)The image shows grocery carts from Carrefour.
Hospital chain Tenet Healthcare Corp said on Monday that it will purchase its smaller rival Vanguard Health Systems Inc.
Meiji Yasuda Life Insurance of Japan is in the process of acquiring Thai Life Insurance Co at a deal priced at around US$700 million.
Demand Media, a content media owner acquired Society6 for US$94 million to be able to diversify its business into e-commerce.
The Intercontinental Exchange (ICE) was given unconditional approval to acquire NYSE Euronext for US$8.2 billion.
According to sources, Google voluntarily complied with the initial inquiry of the Federal Trade Commission on its Waze acquisition earlier this month although it has not yet reached a level of investigation
