After GenCorp Inc. acquired Pratt & Whitney Rocketdyne, Aerojet Rocketdyne was formed with a prediction of US$1.2 billion savings over the next decade.
Investors
Telefonica Contradicts US$93 Billion Offer from AT&T
Contradicting statements from a Spanish newspaper, Telefonica said that it has not received any expressed interest from US based AT&T.
France Telecom Directors to Decide on CEO’s Fate
Stephane Richard, CEO of France Telecom will face his fate to whether or not retain his position from the company's board after being charged with fraud at his previous office.
NVM Private Equity funds Cleveland Biotech
UK-based NVM Private Equity backed Cleveland Biotech buyout. (Photo : Reuters)The image is a biotechnology lab that is the subject of investments by Tullis Health Investors.
Duni AB Acquires Song Seng Associates
Duni AB entered into an agreement to purchase assets and business of Son Seng Associates priced around SG$15 million.
Latest News
Brookfield Asset Management will sell its Longview Timber Holdings and its paper packaging business in separate transactions for US$3.68 billion.
Amazon took over Webvan, an online grocery firm, twelve years after being shut down. (Photo : Reuters)The image is the logo of Amazon. com Webvan, an online grocery start up, may have been the single and most expensive flame out of the online era.
MMTC Ltd. planned to raise 400 billion rupees through asset sales that were set at discounted 71% minimum bid price.
Macro hedge funds are using the recent sell-off in the Mexican peso as a buying opportunity. (Photo : Reuters)The image shows different currencies against the US dollar.
Dole Food Corp board of directors to be investigated for allegations of breach of fiduciary duties and other violations.
Pope Francis, in the bid to reform the Vatican bureaucracy, appoints Monsignor Ricca to manage the Vatican Bank.
The PIMCO Total Return Fund lowered its holdings of US Treasuries and mortgage debt in February as shown in the fund's website on Monday.
Prime Minister Shinzo Abe announced cutting down Japan's pension fund and focusing into stocks, away from government bonds.
Berkshire Hathaway announces the formation of a new firm specifically for the excess and surplus market.
