Assisted Living Concepts reached agreement to be sold to private investment firm TPG for about $278 million.
Industry
Telecom Italia Media Plans Sale of La7 TV Channel
Telecom Italia Media is expected to sell its La7 TV channel but is still in talks to sign the deal. Telecom Italia Media said that it has plans of selling its La7 TV channel to the publishing house in Cairo, Egypt and is still in negotiation of signing the deal, according to two people familiar with the issue.
Booming Economy to Forge China Stock Rise
China Asset Management predicts rebound in Chinese stock prices for 2012. According to China Asset Management Co, stocks of Chinese companies would rally in value as the government continues to find ways to augment the economic recovery of the country.
Dimon Says Lenders Accumulating Capital more than Needed
JP Morgan CEO issues warnings on capital hoarding. JP Morgan Chase and Co CEO Jamie Dimon said in a conference that lenders are accumulating more capital than needed.
Ex Square Exec Joins Khosla Ventures
Keith Rabois, who had served Square as chief operation officer since 2010, will join Khosla Ventures in March.
Latest News
First Quantum may slightly extend its offer for Inmet as it resolves regulatory barriers, its president, Clive Newall, disclosed.
BH Media has announced that it bought the daily newspaper published by the Lortons in an undisclosed amount.
According to a new survey from BDO USA, LLP, nearly all retail CFOs expect merger and acquisition activity will increase or remain steady in 2013.
The airline companies have appointed executives after concluding a merger which would become the biggest air carrier in the world.
The following bids, mergers, acquisitions and disposals were reported on Tuesday. The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Tuesday: - Polish state-owned utilities PGE and Energa agreed to buy Iberdrola's 75 percent stake in Renewables Polska for 840 million zlotys ($268 million), PGE said on Tuesday.
Goldman Sachs to lay off employees again. Goldman Sachs is undertaking cost cutting measures in light of issues with its bottom line. Job cuts are in the offing, with some getting the axe as early as this week as the business continues to face rough waters.
The following are mergers under review by the European Commission on Monday. The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS - Private equity firm Triton to acquire Finnish grocery chain Suomen Lahikauppa from IK Investment Partners (approved Feb.
Private equity defined in simple terms. Private equity is simply a class of assets that include equity securities in operating companies that are not bought and sold in the stock exchange.
There have been many foreign companies related to agriculture that are courting Malaysia for investment plans.
