In documentation filed with the Company Law Board, two PE funds seek the appointment of an administrator to oversee the forensic audit for the company.
Investors
TCS Group announces London IPO of Tinkoff Credit Systems Bank
TCS Group Holding would be holding an IPO in London for its retail banking unit. TCS Group Holding Plc bared its plans to conduct an initial public offering in London for Tinkoff Credit Systems Bank.
CFO Andy Halford set to leave Vodafone in 2014
Andy Halford, the Chief Financial Officer of Vodafone, would be leaving the firm by March next year.
Twitter avoids US antitrust probe from MoPub acquisition
The Federal Trade Commission said that Twitter's acquisition of MoPub would not be challenged by antitrust regulators.
Tesco says any deal in China will go through new retail venture
Tesco Plc said that any deals that would take place in China would be funded through its new retail venture with China Resources Enterprise Ltd.
Latest News
Barclays, through a statement, explained why accounts were frozen, maintaining minimum notice requirements were met in reaching out to customers.
Nykredit would be refinancing its DKK 11 billion debt through preferred stock issuance and contingent convertible debt.
General Electric Capital Corp would be divesting its stake in GE Money Bank in an IPO scheduled in the fourth quarter.
Toshiba Corp chief executive Hisao Tanaka told Reuters that his company would decide on buying a major stake in UK nuclear venture NuGeneration.
A court-appointed trustee asked a bankruptcy judge to return more funds to MF Global Holdings' clients, said a Reuters report.
Forgame Holdings Ltd experienced a premium of one-third of its stock price during its trading debut on the Hong Kong Stock Exchange on Thursday, said a Reuters report.
Information technology news site Techcrunch said in a report that investment by venture capital firms in startups that are a least a decade old had been increasing.
In an announcement today, passenger travel search engine company Skyscanner announced that Sequoia Capital had placed investment commitments to the startup valued at USD800 million.
Algorithmic trading platform Quantopian raised USD 6.7 million from Khosla Ventures and Spark Capital.
