Firm Management
TeamBuy.ca and Dealfind.com Merge to Form Canada’s Largest Online Deal Portal
Canada’s leading e-commerce companies TeamBuy.ca and Dealfind.com announced their merger to form one of the country’s largest online deal destinations.
Hanergy Holdings Acquires MiaSole For $30 million
China’s privately-owned clean energy company - Hanergy Holding Group, Ltd acquired US based CIGS thin-film manufacturer MiaSolé for $30 million.
Oral Cancer Prevention International and CDx Lab Merge to Form CDx Diagnostics
Oral Cancer Prevention International and CDx Laboratories recently merged to become CDx Diagnostics.
Ocean Spray Acquires Cran Chile Processing Business
Ocean Spray, a U.S.-based grower-owned agricultural cooperative has made its first international acquisition with Chilean firm Agrícola Cran Chile Limitada today.
Latest News
Google Inc. has invested around $200 million in a Spinning Spur Wind Project, a 161 megawatt facility located in Oldham County, Texas.
The Mitsubishi Elevator ETA India Private Limited has been floated by Mitsubishi Electric Corporation and UAE-based ETA Ascon Holding LLC as a joint venture in Chennai. The company will start operations from January 2013.
HSBC has agreed to pay a record $1.92 billion fine to settle a multi-year probe by U.S. prosecutors, who accused Europe's biggest bank of failing to enforce rules designed to prevent the laundering of criminal cash.
US insurer American International Group Inc (AIG) has decided to sell 90 percent of its stake in ILFC, the world’s largest aircraft leading business, to a Chinese consortium –comprising New China Trust, which is one-fifth owned by Barclays Plc, China Aviation Industrial Fund and P3 Investments Ltd -- for a total consideration of $4.8 billion. An arm of Industrial and Commercial Bank of China will join the consortium once the deal has regulatory approval.
A U.S. federal judge on Monday ordered Goldman Sachs Group Inc to take down statements from its website related to its representation of Dragon Systems in a 2000 sale that blew up when acquirer Lernout & Hauspie went bankrupt after accounting regularities emerged.
Goldman Sachs Group Inc was fined $1.5 million to settle charges it failed to supervise its traders and allowing one futures dealer to hide billions in dollars from sight and causing a $118 million loss.
Bain Capital has been leading private equity firms in using a controversial financing strategy to generate low-tax special dividends for itself and its investors for nearly the last decade.
Even as Singapore Airlines reportedly holds talks with other airlines for a possible sell-out of its 49 percent stake in British carrier Virgin Atlantic, Delta Air Lines Inc, the second-largest U.S. airline by operating revenue, is said to be closing in on the stake.
Mobile telecoms equipment maker Nokia Siemens Networks (NSN) decided to hive off its optical fiber networks unit to private equity firm Marlin Equity Partners in a bid to focus solely on mobile broadband.
Leading American financial services firm Knight Capital Group, engaged in market making, electronic execution, and institutional sales and trading, is reportedly in talks with rival firms Getco and Virtu for sale of its market making business unit.