Rhoen-Klinikum that discussiins with Fresenius SE is not precursor to takeover. Rhoen-Klinikum, a cooperation of hospitals and clinics based out of Bad Neustadt an der Saale in Germany, warned that the vote by its shareholders against the takeover of another German hospital operator is not a precursor for another for its previous bidder, Fresenius.
Investors
Cinven wraps Fifth Euro Buyout Fund
Europeean private equity company Cinven posted its close for its Fifth European Buyout Fund amounting to 5.3 billion euros.
Hyde Park Venture Partners finishes inaugural fund with $25 million
Hyde Park Venture Partners closed its inaugural fund with expected $25 million in investments. (Photo : Reuters)The image are fund managers walking towards the sunset.
NY fragrance company goes public
Coty, a beauty company from New York, is selling its shares to the public. An initial public offering within the expected range of $17. 50 per share was set by Coty, a New York-based beauty and cosmetics company on Wednesday.
Wrapp raises $15 million in Series B funding
Social app Wrapp announced its raising of $15 million in Series B funding. Social gifting application developer Wrapp said that it has acquired $15 million in Series B investments, Thursday.
Latest News
Cole Credit Property Trust II Inc. announced today approved merger with Spirit Realty Capital and will complete the deal by third quarter of this year.
Elan is at risk of losing US$2 billion market value once Royalty Pharma walks away with its takeover deal.
Fragrance maker Coty raises its initial public offering to US$1 billion on behalf of its shareholders making shares priced at midpoint of the proposed range.
Russian billionaire Alexander Lebedev is in talks to sell 4.5% of his stake in the country's flagship carrier, Aeroflot.
CEO for Royal Bank of Scotland was persuaded by the bank's board to step down to enable his successor to be in place prior the government's sale of its 81% stake.
India-based Apollo Tyres Ltd shares were down by 18% after the announced US$2.4 million deal to acquire Cooper Tire & Rubber Co. due to worries of the company's debt.
Vanguard Natural Resources announces its public offering of 2,200,000 shares at US$25 per share. Vanguard Natural Resources LLC has announced today the pricing of its public offering.
Lululemon Athletica Inc. Chairman, Dennis Wilson sold his stock for US$49.5 million days before the announced surprise departure of the company's CEO Christine Day.
Empire Co, Sobeys' operator, announced its planned acquisition for Safeway Canada for Can$5.8 billion that will close later this year after regulatory approvals.
