Corporations
Bertelsmann to sell off part of shares in RTL Group
Bertelsmann would be selling off part of its shareholdings in the RTL Group for an estimated Eur1.5 billion.
Euro Telecom Venture Plans IPO of EE
France Telecom and Deutsche Telekom venture in the UK EE is planning strategic changes. EE, Britain's largest mobile operator, is now undertaking plans to prepare for its initial public offering.
Mitsui Purchases Heraeus
Mitsui Corp, one of the world's leading chemical makers purchases Heraeus Dental for Eur450 million.
Bertelsmann to Sell Part of its Stake in RTL Group
German media conglomerate Bertelsmann has said that it is making sale of a stake in RTL group. Germany's Bertelsmann has announced that it is planning to sell a stake in broadcasting company RTL Group worth as much as 1.
Latest News
Vodafone shareholders are thinking about whether they should sell the entire company to Verizon or just sell its 45% stake.
Nationwide Financial has announced that it is acquiring 17 equity and bond mutual funds with $3.6 billion in assets from Union Bank's HighMark Capital Management.
Allianze, through its CIO criticized the handling of block sales of firms resulting in retained shareholdings by the bank.
The government's promise to pay its outstanding bills was shelved after the caretaker government failed to sign into law the said measure.
Debt bonds with BBB Minus rating would be offered by BTG Pactual Group subsidiary BTG Investments. A subsidiary of BTG Pactual Group, BTG Investments is planning to sell off five year senior unsecured bonds by next week.
Clear Channel Outdoor shareholders agreed to a settlement for an improper loan causing significant loss to the parent company.
Ireland’s Takeover Panel is urging United State's Royalty Pharma to firm offer for Irish drugmaker Elan by May 10.
Valeant increases its offer to acquire Obagi after Merz Pharma tops its previous offer last month. Cosmetics products maker Obagi Medical Products Inc.
According to a shareholder group, RBS and its directors should stand trial for lost share value in the bank because of the acceptance of the bailout plan.
Paypal now not only looks after the online shopper, but also the online merchant. Paypal, eBay's online payment business already lends financing to its online shoppers.