Corporations

Dell Responds to Offer Of Icahn and Southeastern

Dell Corp responds to the Icahn-Southeastern Asset Management offer. On Friday, Dell Inc. issued its reply on the suggested alternative presented by Southeastern Asset Management and Carl Icahn.


DNA Owners Seek US$1.3B for Bids

DNA seeks an estimated US$1.3 billion as an acceptable bid for its company. According to a report from Reuters, the Finland-based mobile phone operator, DNA, together with its financial consultants UBS opened the sale of the company that may value estimated above EUR1 billion or US$1.

Piramal to Sell Off Vodafone Interest

Piramal has the option to sell off its shareholdings in Vodafone India either through an IPO or a first offer to the telecommunications company.

Baskins to be acquired by Boot Barn

Boot Barn purchases costumes and work wear. The favorite retailer of western and workwear has finalized an agreement to purchase the stores of Baskins.


Latest News

Partnership between Box and GoodData expanded with supporting capital funding. Partners Box and GoodData launched today the GoodBox Bash. The partners recent project is a cloud based application that allows their client to view, analyze and process business information.
Facebook in the process of acquiring Israel's Waze for US$1 billion. According to business newspaper, Calcalist, the largest social networking site, Facebook, was reported on Thursday to be in early discussion with Israeli's renowned mobile satellite navigation application, Waze.
ENI sells off shares in Snam. ENI, the Italian oil conglomerate, is in the process of divesting its shareholdings over its gas transportation company Snam last Thursday.
In an effort to improve South Africa's power situation, Eskom SOC would be issuing debt instruments to fund the building of two of the world's largest coal fired plants.
Oaktree is in discussion with the merger of its real estate unit with Prime Office, its competitor. Reuters reported that private equity investor, Oaktree Capital, is in discussion to merge the real estate unit of its German office with its competitor Prime Office.
Slovenske Eletarne AS is in discussion with lenders as to renegotiation of a deal finalized back in 2007.
Telecom Italia still is in the process of determining the pursuit of the fixed line spinoff plan. Franco Bernabe, Chairman of Telecom Italia announced Thursday that the spin off of the company's fixed line network would take time in its implementation.
The Algerian government is seeking a re evaluation of Djezzy the telecommunications firm before its purchase from Vimpelcom.
Barclays Grants EuNetwork debt funding for its growth potential. The EuNetworks Group, a bandwidth communications provider, disclosed that it availed of a term loan funding agreement with Barclays Private Credit Partners Fund LP.
The IPO of the Nomura Real Estate Holdings REIT expects at least US$175 billion earnings. Nomura Real Estate Holdings is planning to undertake an initial public offer of shares that is said to be the largest one to date.
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