Canadian fertilizer company Agrium Inc defended the election of its entire slate of directors to the 12-man board as hedge fund Jana, Agrium’s biggest single shareholder, called for an investigation of the vote.
Legal & Regulatory
Russia Retaliates to US Imposed Ban
Russia bans US officials and other Americans as a response to the ban made by US officials in related to the Magnitsky incident.
Slim Now Can Enter Television Industry
The world's richest man can now get a license to operate a pay for TV service. Carlos Slim, the Mexican billionaire, is now undertaking an aggressive incursion into the Mexican television market to take advantage of the benefits provided by new legislations passed on telecommunications.
China Data Admitted to be Erroneous
The Head of the Statistics Department of the General Administration of Customs in Beijing admits providing incorrect and groundless data.
Luxembourg Relaxes Bank Secrecy Laws
Luxembourg joins the many other members of the EU in allowing the relaxation of bank secrecy laws on deposits made in their country.
Latest News
The Chinese government is now in a quandary as to the crackdown on corruption against the so-called princelings.
Liberty Global's acquisition of Virgin Media is approved by EU. An unconditional European Union clearance was provided to John Malone's Liberty Global for the bid for Virgin Media.
The Macquarie Capital purchase of Advantage is under review by antitrust regulators. US regulators are reviewing the consent decree that allowed Macquarie Group Ltd to purchase Advantage rental brand from Hertz Global Holdings.
CEDC files Chapter 11 bankruptcy and cedes control to Roustam Tariko. The Central European Distribution Corp of Poland has filed for a pre-packaged bankruptcy in its efforts to decrease its debt load.
UPS appeals EU decision to prohibit merger between TNT Express and UPS. The European Union regulator's decision to reject the Eur5. 16 billion bid by United Parcel Services for TNT Express NV would be appealed.
The merger of the National Bank of Greece and its subsidiary NFG Eurobank is suspended until further notice.
The JV between EFG-Hermes Holding SAE and QInvest LLC is at risk for the delayed approval by Egyptian regulators.
The board of directors of Sterling Bancorp, Inc. is being investigated for potential claims in relation to its proposed acquisition by Provident New York Bancorp.
Things are heating up between Icahn and the Dell Special Committee on issues of reimbursement, proxy fights and possible litigation.
