British bank Lloyds said that there had been no political interference on the firm to sell a total of 632 branches to the Co-operative Group.
Industry
Janney Montgomery Expands Adviser Roster
Janney Montgomery Scott LLC expands its veteran adviser leadership with new transfers from Morgan Stanley Wealth Management.
Trade association NVCA elects new president
NVCA announced that Bobby Franklin is the association's new president. The NVCA (National Venture Capital Association) announced on Tuesday that it has named Bobby Franklin as its next president and Chief Executive Officer.
Mediware Acquires Fastrack Healthcare Systems
Mediware acquires Fastrack Healthcare Systems along with its 300 new clients and related expertise, services, products and contracts.
Follett Corp funds ed-tech pool
Follett Corp. commits $50 million to the Follett Knowledge Fund. (Photo : Reuters)This is an image of several publications. Follett Corporation teamed up with Atrium Capital to establish Follett Knowledge Fund, a pool which strives to fund new technologies in the education sector, specifically content improvement, delivery and consumption.
Latest News
According to two sources, Springer Science's owners have entered new and intense discussions with BC Partners after rejecting the latter's previous offered bid.
Itau Unibanco Holding SA announced on Monday acquisition of 51% stake in Cencosud's credit card business.
Johnson & Johnson announced that it would pay US$1 billion to Aragon Pharmaceuticals and its experimental drugs for prostate cancer treatment.
Last Tuesday, Third Point LLC announced that it had raised its stake in Sony Corp to 70 million shares valued at US$1.4 billion.
Starboard's activist image is strengthened as it battles against China's Shuanghui International over its Smithfield Foods Inc. acquisition.
Kabel Deutschland confirms receiving initial offer from Liberty Global priced at Eur7.5 billion according to a British newspaper.
Johnson Controls Inc. is discussing with private equity firms about selling its automotive electronics arm priced at US$1 billion.
According to sources, Talisman is looking into selling its shale assets in Eagle Ford to raise US$2 billion.
Verizon Communications, among other telecoms firms, may seek to participate in the Canadian wireless market.
