German Deutsche Telekom plans to amend the terms of a proposed merger between its T-Mobile USA and MetroPCS Communication, a local company, sources said.
North America
Private equity industry faces new challenge as investors go direct for deals
The private equity industry is facing a new challenge with investors, to avoid the hefty fees being charged by private equity firms, directly buying stakes in companies or go into co-investments.
LCI Holdco Asset Sale Upheld
The bankruptcy court upheld the sale of assets of LCI Holdco LLC despite IRS opposition. The federal court with jurisdiction over the bankruptcy case of LCI Holdco LLC has approved the sale of the assets of the company to Hospital Acquisition LLC.
Greenbrier to Sell Off Non-Core Assets
In a cost saving move, Greenbrier Cos would be selling off its non-core assets. Greenbrier Cos Inc, one of the world's premier railcar manufacturers had a bumper year last year when there was an increase in the demand for oil tank cars.
Barclays CoCo Bonds Breaks Conventions
The issuance of the Barclays CoCo bonds defies critics and conventions. Barclays new CoCo bond has defied naysayers with its pricing for its ten-year-non-call five issue deemed hard to sell in the US market.
Latest News
Harvard can keep its above-average returns with its strategy of investing into hedge funds, private equity and real assets, according to the head of its investment arm.
A new survey revealed that mergers and acquisitions activity for developed and emerging markets declined in 2012.
Sterling Bancorp was purchased by Provident New York Bancorp for US$344 million. Provident New York Bancorp has announced its purchase of Sterling Bancorp through a stock deal amounting to US$344 million.
Mitsui Corp, one of the world's leading chemical makers purchases Heraeus Dental for Eur450 million.
Vodafone shareholders are thinking about whether they should sell the entire company to Verizon or just sell its 45% stake.
Nationwide Financial has announced that it is acquiring 17 equity and bond mutual funds with $3.6 billion in assets from Union Bank's HighMark Capital Management.
Michael Pausic, long time fixture at Maverick Capital would be establishing his own hedge fund. Michael Pausic of Maverick Capital manages media and telecommunications investments at the hedge fund.
The finalists for the bids for NFP are TPG and Madison Dearborn. The two final bidders for wealth management company National Financial Partners are private equity firms TPG Capital and Madison Dearborn Partners.
Absolute Software agrees to a deal in which its software for tracking stolen devices will be embedded by Samsung's Galaxy phones.
