Dean Foods spins off WhiteWave Foods. US based food and beverage company, Dean Foods Company, signed the spin off from The WhiteWave Foods Company. In an announcement, the board of directors had consented to the distribution of the residual equity interest in The WhiteWave Foods Company to stockholders of Dean Foods.
North America
Verizon CEO Opens But Not Any Cost For Buyout
Verizon CEO said that it would not pay premium for buyout of Vodafone in its joint venture. According to Verizon Communications CEO Lowell McAdam it would like to buy out its joint venture partner Vodafone but will not do so at any cost.
TPG-Axon Capital Obtains Majority
TPG-Axon Capital gains majority control of board seats at SandRidge Energy Corp. TPG-Axon Capital, the hedge fund manager, has landed almost half of the seats at SandRidge Energy Corp's board.
Roper Acquires Managed Health Care Associates
Roper purchases Managed Health Care Associates for an estimated US$1 billion. Industrial manufacturing specialist Roper has recently acquired Managed Health Care Associates.
Ares Management IPO to be Done in the Next Few Months
Ares IPO would be conducted in the next few months, at a time that the market is very buoyant. Ares Management LLC is an investment firm with about US$59 billion in its portfolio of credit and private equity assets.
Latest News
NorthStar and sponsored firm funds US$255 million loan over Milford Plaza Hotel in Times Square, New York.
Sofinnova Ventures appoints Dr. Srinivas Akkaraju MD, PhD to become the company's General Manager.
ArcView Investor Network nets US$1 million commitments. At a press conference held last Monday in Seattle, ArcView Investor Network disclosed to attendees a number of its initial external angel investments in the newly legalized marijuana industry.
Giant receives investment funding from Shamrock Capital. Giant Creative/Strategy LLC, the leading healthcare communications agency, announced it had received funding from Shamrock Capital Advisors, the private equity firm based out of Los Angeles, CA.
Capital Royalty announces closure of Capital Royalty Partners II LP exceeding the initial targets set.
High Road Capital purchases Dowden Medical Communications Group. In an announcement, High Road Capital Partners said that its portfolio firm Dowden Medical Communications Group has finalized its second add-on acquisition through the purchase of Tricore.
Amspec purchaes Incline Equity Partners. Incline Equity Partners announced today that it acquired AmSpec. Incline is a small and medium business focused equity firm with headquarters in Pittsburgh.
BlackRock, the top money manager of the world, to hire 300 lawyers to monitor financial regulation all over the world.
Smith & Nephew to conduct share buyback programme for its shareholders. Smith & Nephew, the medical devices manufacturer, is now conducting a cash return program to its shareholders through a US$300 million repurchase program.
