North America

Hilton eyes USD2.4 billion in biggest hotel IPO

Hotel major Hilton Worldwide Holdings Inc. seeks to raise up to USD2.4 billion in its US listing. Hilton Worldwide will offer 112.8 million shares, giving it a market value of about USD19.2 billion.


Akamai to takeover cloud-based security provider Prolexic for USD370 million

US-based Akamai Technologies on Monday announced that it will acquire the world's largest and most trusted cyber security provider Prolexic Technologies for USD370 million. The deal is expected to close in spring of next year.

Alinda Capital to takeover Polish broadcast infrastructure firm Emitel

London-based private equity firm Montagu will be exiting from its Polish broadcast infrastructure firm Emitel. American investment firm Alinda Capital Partners reportedly agreed to buy Emitel in a deal that could be worth EUR840 million.

TDK subsidiary to take over Entrotech's HDD-related companies

Japanese electronics company TDK Corporation on Monday said that its Thailand-based subsidiary Magnecomp Precision Technology will buy two HDD-related companies from American manufacturer Entrotech Inc.


Latest News

A report by Agence France-Presse (AFP)recounted the difficulties of curbing the links between corporate Japan and the yakuza, and how some of the country's major banks adopted a laissez-faire compliance in eradicating mob ties.
Canada-based uranium exploration firms Fission Uranium and Alpha Minerals have received shareholder approval for their plans to merge their respective interests in a Patterson Lake South project.
According to Financial Times, the Bitcoin fever has caught on to Silicon Valley with digital currency companies getting venture capital financing in their early rounds.
Various private equity firms from the UK, US and Hong Kong are reportedly among those who placed initial bids to takeover Indian business process outsourcing company SourceHOV. Initial bids have valued the BPO firm at USD1 billion.
With more shoppers wishing to avoid the throng, research firm comScore reported a 15% increase of online spending on Black Friday to USD 1.20 billion.
Lawyers working in the buyout industry say that the private equity industry is bracing itself for more scrutiny by US regulators, according to a report.
The Obama administration declared victory on Sunday in its effort to get HealthCare.gov working smoothly for the vast majority of users, saying the site had reached a goal of handling 50,000 simultaneous users after a five-week "tech surge."
U.S. fund managers increased their holdings of stocks in November, riding a global stock market rally that began when the Federal Reserve put off reducing its monetary stimulus.
Brampton Brick Limited today announced that it has entered into an asset purchase agreement to acquire substantially all of the assets of Atlas Block, including its state-of-the-art facility located in Hillsdale, Ontario.
Imvescor Restaurant announced today that a wholly owned subsidiary of Imvescor has acquired the manufacturing facility, customer relationships, the trademark ''Commensal'' as well as all associated retail products marketed under the Commensal brand.
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