William Hill Buys out Playtech for online betting business. For the price of GBP424 million or US$643 million, William Hill is taking full control of its online business.
Investors
News Corp., Walt Disney in Talks About Hulu's Fate
Both News Corp. and Walt Disney have been discussions how to settle issuing badly affecting its jointly controlled online video site Hulu LLC.
Bausch and Lomb IPO Preparations
The sale of Bausch and Lomb can either be a private one or through an IPO. The initial public offering of iconic eyewear company Bausch and Lomb would be headed by three well-known banks.
Comark chain for Sale
Comark Stores up for sale. Canada's leading apparel chain, Comark is being offered for sale. Included in the sale are Ricki's, Bootlegger, and cleo stores and the price tag can reach up to US$400 million.
Anschutz to Reach Deal with Potential Bidders
Potential bidders are coming up with a deal to acquire assets of Anschutz Entertainment Group. Sports and retail estate company Anschutz Entertainment Group (AEG) is set to come up with a deal from potential bidders including Patrick Soon-Shiong, Guggenheim Partners LLC and Colony Capital LLC, according to people familiar with the matter.
Latest News
AEG is being sold off and buyers are being selected. A list of potential buyers for Anschutz Entertainment Group has been drawn up by Phil Anschutz. Sources familiar with the negotiations told Reuters that the negotiations can be concluded for the sports and real estate empire within the next few weeks.
Disney and News Corp are in discussions as to the future of Hulu.com Discussions are now ongoing for the control of Hulu. com, the website partners News Corp and Walt Disney Co currently co-own.
For national security concerns, CNOOC cannot use Gulf assets. China's largest offshore oil and gas producer CNOOC has been disallowed to control oilfields in the Gulf of Mexico.
Twilio to fund app makers for its services. Facebook, before becoming one of the most successful Internet companies traded in the market, did what no other company did before it.
Ithaca Energy and Valiant Petroleum have reached agreement wherein the former will buy the latter in 203 million pound deal.
The consortium, which is under the control of Carlyle Group, and its company management have reached a deal to make Chinese economy hotel chain 7 Days Group Holdings Ltd. private for $688 million.
Lenders in Spanish has been eyeing to acquire nationalized Catalunya Bank, which was bailed out last year amidst the crash of Spanish proper five years ago.
Best Buy Co. has rejected an offer for minority investment from past chairman Richard Schulze's private equity sponsors.
Marchionne, CEO of Fiat and Chrysler, opens up on possibilities for the future. Sergio Marchionne, concurrent CEO of Fiat and Chrylser Group LLC, said that he is determining whether the next step forward would be Chrysler going public or the carmaker would be merged with Fiat.
