In a push for diversification, DreamWorks Animation purchases the worldwide rights for Troll Doll Toys.
Corporations
Calik Holdings to Sell Off its Media Business
Turkish conglomerate Calik Holdings is in the process of selling off its media shareholdings. Calik Holdings of Turkey has talks in progress to sell off its ATV television subsidiary to Time Warner Inc.
HD Supply Holdings to Hold IPO
HD Supply is planning to hold an IPO to raise funds for the housing market. HD Supply Holdings Inc, the industrial and construction supplies distributor has filed for a US$1 billion initial public offering.
Heineken Undertaking Strategic Review of Options
Heineken is reviewing its options, including selling its shares to Hartwall. Dutch brewer, Heineken, is planning to sell its Finnish subsidiary Hartwall to Hartwall Capital.
Seibu Opposes Cerberus's Renewed Efforts to Increase Stake to 44.7 Percent
Japan's railway and real estate group Seibu Holdings has opposed the renewed attempt of Cerberus Capital Management LP to increase its stake in the company to 44.7 percent.
Latest News
JAB purchases DE Master Blenders for Eur7.5 billion. The Reimann family investment arm Joh. A Benckiser has entered into an agreement to purchase DE Master Blenders 1753 NV for the price of Eur7.
Elan shareholders approve buyback plan to avert takeover bid from Royalty Pharma. Shareholders of Irish drug maker, Elan, approved a US$1 billion or GBP651 million share buyback approval.
KKR's Asia Fund purchases Warburg Pincus shareholdings in Alliance Tire Group. KKR & Co LP has entered into an agreement to acquire a controlling stake in Alliance Tire Group.
We Are Hunted, a music streaming service on Twitter, was recently bought out by the social media network.
Hyundai Rotem is seeking to be listed in the Korea Exchange for its IPO. Hyundai Rotem Company of South Korea has applied for the listing by initial public offering in the stock exchange according to bourse operator Korea Exchange.
Sinclair offers US $41 per share for Fisher Communications. Sinclair Broadcast Group Inc. has announced its intention to purchase Fisher Communications for the price of US $373 million in order to expand its operations in the United States.
Eurozones finance ministers will meet in Dublin on Friday to discuss a bailout for Cyprus, the cost of which has rise to 23 billion euros from 17.5 billion euros.
Investors continue to rush into U.S. stocks, pouring in more than $60 billion into mutual funds and ETFs.
Nasdaq OMX Group Inc's chief executive Robert Greifeld's 2012 annual bonus has been slashed over the mishandling of Facebook's Inc. initial public offering last year.
