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US apparel retailer Aeropostale approaches private equity firms to explore exit -Bloomberg
New York, US-based clothes retailer Aeropostale Inc contacted private equity groups amid pressure from investors to sell itself, according to sources cited in a Bloomberg report.
Report cites reasons why venture-backed M&As still continue to slide
The mergers and acquisitions activity for companies supported by venture capital has continued to decline even with the sizable acquisition of Nest Labs by Google, The WSJ's Digits reports.
Forbes attracts Germany's Axel Springer and other bidders -report
New York, US-based firm Forbes Media attracted the attention of six different bidders including Germany-based multimedia company Axel Springer.
China-based 58.com Inc plans on acquisitions to improve services
Beijing-based 58.com Inc, a classifieds website operator that provides services similar to Craigslist, intends to acquire Chinese Internet companies to enhance its local information services, Bloomberg reported.