According to Credit Suisse, the cycle of mergers and acquisitions would soon be picking up because of positive factors in the market.
Investors
Shanghai Volkswagen to Build New Factory
Shanghai Volkswagen would build a 12.08 billion yuan factory located at the Changsa Economic and Technological Development Zone.
EBRD Opting for Direct Approach
The EBRD is thinking of going directly to the small business man to help jumpstart the European economy.
Icahn Challenges Investors to Bet on Dell Corp
Icahn, seeking to fight off the Dell-Silver Lake bid, is asking investors to dig deep and put their money on the computer maker.
Exporters from Germany Affected by Depreciation of Yen
German exporters face tough hurdle because of the Yen's continued depreciation. The big exporters of Germany are facing a new difficulty from its Japanese competitors following the quick depreciation of Yen as against the Euro.
Latest News
Softbank waived the Alibaba IPO card to banks, saying their help in funding the rival bid can ruin their chances in participating in the highly anticipated IPO, which it owns one third of.
3D Systems to undertake IPO at US$40.00 per share. As previously announced, the common stock issue from 3D Systems has been proceed at US$40. 00 per share through an underwritten initial public offer.
Discovery Labs to undertake IPO for the expansion of its capital base. Discovery Laboratories is now turning its attention to fundraising activities for increase of its capital base.
Bloomberg news reporters had access to personal information of those using the news service, leading to ethical issues as to its use.
JP Morgan sells off power marketing rights amidst allegations of price manipulation in California and Michigan.
Two directors issued a letter in response to the recommendations made by proxy advisory firms on the ceo-chairman split issue as well as removal of some of the JP Morgan directors from the board.
Actavis and Warner Chilcott are exploring options for a merger after Actavis failed to merge with Valeant.
ISS and Glass Lewis provide opposing advisories to Clearwire shareholders regarding the takeover bid of Sprint-Nextel.
Icahn, in a bid of bravado, offers a couple of billion of own money for Dell bid. Billionaire investor Carl Icahn, who has just informed the Dell board of an intention to bid for the company with Southeastern Asset Management, told Reuters that he is willing to contribute a couple of billion of dollars in order to finance a bridge loan worth US$5.
