Gary Kenneth Toomey succeeded Nikos Kardassis as CEO for India-based Jet Airways. (Photo : Reuters)The image shows Jet Airways aircraft. Nikos Kardassis was succeeded by Gary Kenneth Toomey as chief executive officer of Jet Airways (India) Ltd.
Industry
Lampert Uses US$393 Million for Redemptions
Lampert used US$393 million of shares in AutoNation Inc. to cater to client redemption demands after investors saw struggle at Sears Holdings Corp.
CEOs Fight for Elan, the Biggest Hostile Bid of the Year
Since February, top executives of Elan and Royalty Pharma have been vying to control over Elan. (Photo : Reuters )Irish drugmaker Elan will be giving back $1 billion to shareholders as a boost from the sale of its stake in multiple sclerosis treatment Tysabri to partner Biogen Idec.
Slumping Stock Markets Threatens $10 Billion Asia IPOs
A US$10 billion worth of initial public offerings are being threatened with the continuing decrease in Asia's Stock Market.
Portec integrates into Interoll Group
Interoll Group acquired Colorado company Portec Group International. (Photo : Reuters)This airport uses oonveyer technology. Incline Equity Partners confirms the sale of Canon City, Colorado-based specialty conveyors company Portec Group International to Interoll Group.
Latest News
Vodafone is evaluation possible acquisition of Fastweb, Italy's third biggest retail broadband operator.
Envision Healthcare Holdings Inc. announced filing its proposed initial public offering with the US Securities and Exchange Commission today.
The following bids, mergers, acquisitions and disposals were reported on Thursday. The following bids, mergers, acquisitions and disposals were reported on Thursday.
FINRA will be submitting to the SEC a process to clear broker's records. (Photo : Reuters)The image is FINRA's corporate logo. The Financial Industry Regulatory Authority or FINRA said that it would in the next few weeks send to the Securities and Exchange Commission a proposal that would allow securities brokers to clean up some of the black marks on their broker's records.
Elan CEO Kelly Martin's future employment with the upcoming shareholder vote. (Photo : Reuters)The image is Elan's CEO Kelly Martin. When former Merrill Lynch banker Kelly Martin took over Elan Pharmaceuticals in 2003, it was well known he did not have any drug industry experience.
Solar design company Circular Energy raised $2.7 million in funding mainly from Cypress Capital. Circular Energy, a solar design and full-service installation company, raised $2.
Cole Credit Property Trust II Inc. announced today approved merger with Spirit Realty Capital and will complete the deal by third quarter of this year.
Elan is at risk of losing US$2 billion market value once Royalty Pharma walks away with its takeover deal.
Fragrance maker Coty raises its initial public offering to US$1 billion on behalf of its shareholders making shares priced at midpoint of the proposed range.
