Michael Combes is the third CEO to try right Alcatel after leaving his post in Vodafone's European businesses.
Investors
Cabot Square Capital sells Key Retirement to Pheonix Equity
Cabot Square Capital recently finalized a deal to sell Key Retirement Solutions to Pheonix Equity Partners.
SunGard Data Systems seeking divestment of data managing operations
SunGard Data Systems seeks buyers for its data management operations. (Photo : Reuters)The image is a computer mouse being used. Computer software maker SunGard Data Systems Inc was privatized back in 2005 for US$11.
3i Group's Restructuring Continues
The restructuring of the 3i Group Plc continues, with more job cuts in the offing. (Photo : Reuters)The image is the corporate logo of the 3i Group. 3i Group Plc, the buyout firm from Britain, is in the midst of carrying out a restructuring plan.
Ken Glass establishes Cold Mountain Capital
Ken Glass establishes Cold Mountain Capital, the new investment and management firm. Chairman and founder of TECT family of businesses and Stony Point Group, Ken Glass, announced recently the launch of a new investment management firm Cold Mountain Capital LLC.
Latest News
CEO for Smithfield Foods Inc., Larry Pope can get a hefty US$46.6 million payment from merger-related transactions.
Alcatel-Lucent plans to sell its assets for Eur1 billion to stem losses and focus on the businesses including ultra-high speed internet.
Dalian Wanda Group invested US$1.6 million in yacht manufacturer Sunseeker International Ltd. and a London property that included a five-star hotel.
Farallon Capital Management LLC acquired 9.91% stake from Nathan Tinkler making the fund the largest shareholder at Whitehaven Coal Ltd.
Google Inc. is looking actively for acquisitions from private equity alliances to help it structure its deals.
Japan's Astellas Pharma looks to sell its dermatology portfolio valued between US$500 million to US$1 billion.
Huawei Technologies Co said it had no plans to acquire Nokia as stated by the company's Vice President for external affairs.
Eastman Kodak Co. said on Tuesday that it will seek court approval to sell its rights priced at US$406 million.
Dish Network abandons its bid for Sprint Nextel before the Tuesday deadline stating that adding a new offer is impractical.
