MF Global has obtained approval of its liquidation plan under the leadership of former FBI Director Louis Freeh.
North America
Two Major Health Supplement Firms Seek Investors
Santa Cruz Nutritionals and Nellson Nutraceutical LLG are seeking buyers. Three sources who spoke on condition of anonymity are confirming that Santa Cruz Nutritionals and Nellson Nutraceutical LLG are in the process of searching for buyers.
Chernin Bids for Hulu
Former Hulu board member Peter Chermin offers US$500 million for Hulu. Hulu, the online video streamiong service established in 2007, has received an offer from former News Corp President Peter Chernin.
Senate Bill Requires Higher Capital Ratio
There is a new bill for consideration on the US Senate floor as to the required capital ratio of the banks, to avoid the 'too-big-to-fail' argument.
Cole Credit Property Trust Rejects New American Realty Bid
The third bid by American Realty for Cole Credit Property Trust was rejected because of its high debt absorption requirement for the higher purchase per share values.
Latest News
Fairway Market, from its humble beginnings as a fruit and vegetable stand, can now stand to be worth US$495 million.
The scheduled visit of Blackstone Group to Dell’s headquarters on Monday sends a strong signal that the firm is firming up a bid that could upset the $24.4 offer of founder Michael Dell.
Milestone Partners Fund IV has raised US$300 million and acquired new assets. Milestone Partners has announced the final closure of Milestone Partners IV LP with funding amounting to US$300 million.
Raising funds by VisibleBrands raised US$4.6 million for digital cloud promotions in-store. The close of a Series A round of funding and follow on Series B Convertible Note by VisibleBrands has raised US$4.
Funding has been increased for EveryMove as well as availability of the app in Android's Play Store.
Taminco is now set to offer its IPO. The chemical company owned by Apollo Global Management, Taminco Corp recently announced that it would be selling 15.
Blackstone to do due diligence on Dell. A contingent from the Blackstone Group would be visiting Dell's corporate headquarters on Monday to conduct a proper due diligence on the company according to anonymous sources.
Chemical maker Taminco Corp. said that it expects to raise $300 million on its initial public offering of 15.8 million shares at $18 to $20 per share.
Due to its expansion potential, private equity firm Nordic Capital has acquired logistics company Unifeeder from Montagu Private Equity.
