Springfield Homecare, using the Business Growth Fund, purchases Positive Life Choices. Springfield Homecare Services Ltd is a unit of Springfield Healthcare Group, which is backed by the Business Growth Fund.
Corporations
ASML Holdings Announces Plans for 2013
ASML Holdings introduces new CEO and unveils buyback plan for shares. The largest semiconductor equipment supplier in Europe, ASML Holding NV has appointed its finance director Peter Wennink to the position of Chief Executive Officer.
Indigo Group Completes Acquisition
Indigo Group through funding was able to complete the acquisition of six quick service restaurants. In an announcement, Indigo Group LLC conveyed to the public its completion of the acquisition of six quick service restaurants that are based in East Texas.
Toronto Casino nearing approval for Cadillac Fairview and MGM
The approval by the mayor's executive committee pushes the casino plan forward for Cadillac Fairview and MGM.
Glass Lewis Accepts New Merger Terms
Glass Lewis has recommended the acceptance of new merger terms for T-Mobile and MetroPCS. In a 180 degree turn, proxy advisory firm Glass Lewis is now recommending to its MetroPCS Communications shareholders to approve the wireless service provider's merger with T-Mobile USA.
Latest News
ING US, the subsidiary of Dutch ING Groep NV would be offering 64.2 million shares in its IPO priced between US$21 and US$24 per share.
The entertainment division would carry the name 21st Century Fox and the publishing division would retain the News Corp name when Rupert Murdoch's empire would be split by the end of the year.
Stephen Feinberg, owner of Cerberus Capital Management, may bid for shareholdings of Freedom Group after his own firm is selling off the shares.
Brookfield Management spin off completed through share dividends. In an announcement today, Brookfield Asset Management Inc disclosed that the spin-off of Brookfield Property Partners L.
Energy Future Holdings has proposed a bankruptcy plan to manage the company's debt. Formerly known as TXU Corp, Energy Future Holdings has presented a pre-formatted bankruptcy case that would restructure its debt of $32 billion but no agreements have been finalized according to the company last Monday.
Haltermann, HIG Europe's unit, has acquired PCL for a new firm. The European arm of private equity firm HIG Capital, HIG Europe, has announced that one of its portfolio companies, Haltermann Holding GmbH had acquired Petrochem Carless Holdings Ltd.
The merger created the largest European infrastructure group and the biggest savings on record for the companies.
Suntech, in a bid to trim its debt, it would be selling off its Italian assets and shareholdings. A company spokesman said that Suntech Power Holdings Co.
China interested in purchasing the ConocoPhillips share in the Kashagan oil field in Kazakhstan. China has indicated an interest in purchasing a stake in US oil company ConocoPhillips in a multinational consortium aiming to develop Kazakhstan's Kashagan oil field.
