Exits

BTG working on bid for JPMorgan Commodities Unit - source

Grupo BTG Pactual was reportedly working up a bid to purchase the commodities unit of JPMorgan Chase & Co.


Icahn reduces stake in Netflix, gains up to USD800 million in profit

Billionaire investor Carl Icahn cashed in part of his ownership stake in video streaming company Netflix Inc.

Dutch Rabobank to settle claims of yen manipulation

Nearly USD1 billion would be the settlement amount to be paid by Rabobank for allegations of interest rate manipulation for the Japanese yen.

JCPenney returns shares and board seat in Martha Stewart Living

In a bid to get past the Macy's suits filed against the retailer and Martha Stewart, JCPenney had decided to amend the agreement it had entered into with Martha Stewart Living Omnimedia.


Latest News

Sideris Pharmaceuticals Inc received USD 32 million in capital commitments in its Series A funding round.
Aside from the monetary penalties, the Attorney General required some form of admission of criminal liability on the part of JPMorgan.
A report by Bloomberg said at least three companies had been eyeing to acquire US planemaker Beechcraft Corp.
Sources told Bloomberg that Jaiprakash Power Ventures would be selling its hydropower facilities to Abu Dhabi National Energy.
Goldman Sachs Group raised EUR 289 million from selling 7 million of shares in German property company LEG Immobilien.
Reckitt Benckiser Group Plc would be reviewing options for its pharmaceutical business, including a potential exit, according to a Bloomberg News report.
Achilles Macris, former CIO of JPMorgan, said he was denied due process for he was denied the opportunity to respond to the allegations.
With 90% of Canada Bread Co in Maple Leaf Foods Inc's name, the latter is seeking options for the divestment of the said asset.
BHP Billiton did not confirm the reason for such return of oil and gas stakes in India. BHP Billiton, the global mining firm, said last Monday that it had given up nine oil and gas exploration blocks located in India.
For the price of USD4.85 billion, AT&T sells off and leases telecommunications assets to Crown Castle Int'l.
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