With nearly 70% of EBX shareholdings with its founder, Eike Bautista, there is a need to diversify in order to retain competitiveness.
Firm Management
Fisker Woes Continue
Fisker Automotive has opted to put workers on furlough in the face of a debt due with the US Department of Energy.
ISS Backed Jana Partners Continue to Push for Change
Jana Partners is seeking to replace board members and undertake improvements in the Agrium board of directors.
Dell Out as CEO should Blackstone or Icahn Offer Prevail
Offers made by the Blackstone Group and investor Icahn does not include Michael Dell as CEO of the firm he helped found three decades ago.
KKR Divests Interest in Intelligence Holdings
KKR has agreed to sell to Temp Holdings its interest over Intelligence Holdings. KKR & Co has entered into an agreement to sell Intelligence Holdings for 68 billion yen or US$721 million.
Latest News
Cinven has raised Eur5 billion for at most four acquisitions in Europe this year. Cinven, the renowned private equity firm, has projected that it would make at most four acquisitions in Europe.
Reich & Tang is utilizing the benefits of floating rate instruments as it takes it stance on improvement investment strategy.
Private equity firms are losing funding sources as investors are wising up to avoid exorbitant fees and charges.
P.Schoenfeld Asset Management LP has called for the resignation of MetroPCS CEO for irregularities and conflict of interest.
Despite the clamor for more executive payroll controls, Credit Suisse decides to increase the pay of its CEO in 2012.
First Quantum Minerals Ltd. says it has enough support from its shareholders to buy rival Inmet Mining Corp. in a C$5.1 billion deal.
Dmitry Avdeyev, Rosneft's chief financier, steps down from the position after the Russian oil producer said that it had completed its acquisition of TNK-BP.
Incumbent HP Board wins new term narrowly despite shareholder discontent. In a tense shareholders meeting, Hewlett Packard Co re-elected its board with erstwhile Chairman Ray Lane and three other board members keeping their seats with a narrow vote margin.
Blackstone eyes Hurd for CEO if and when it takes over Dell. The Blackstone Group LP is making an aggressive offer to hire Mark Hurd from Oracle to be the new CEO of Dell.
