UK-based private equity house WestBridge Capital appoints Pascal Wittlet as senior investment manager and relocates new offices in London to accommodate growing team.
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JBS buys Seara Brasil and Zenda from its rival Marfrig
Marfrig gets rid of it $6.1 billion debt burden, through JBS buy-out. (Photo : REUTERS)JBS employee Seara Brasil and Zenda, Marfrig's subsidiaries are sold to its rival JBS.
Lululemon CEO to Retire
Lululemon Chief Executive Officer Christine Day is said to depart from the retail company after recent departure of the firm's chief product officer.
Telus ends plan to buy Mobilicity after government intervenes
Telus drops plans to buy-out Mobilicity. (Photo : REUTERS)Canada's 2nd largest wireless company The transfer of the license for Mobilicity's wireless spectrum to Telus was declined.
Japan Telco giant increases bid on Sprint
Japan's SoftBank announced on Monday an increase in their initial offer to counter bid by Dish Network.
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Eighties software giant Manman's founder managed to raise $33 million for her new company, Kenandy.
Kapil Siba, Indian Communications Minister, has called to meet different telecom companies to end lawsuits after a decrease in overseas investment transpired in the country.
Big debts are seen looming as bold bets on acquisition from two Thai billionaires totaled US$27 billion last year.
Raiffeisen Bank International Chairman says that it would tighten compliance rules due to the latest Stepic controversy.
Whittier Trust Co. and fund manager Victor Dosti agreed to pay around US$1.68 million to settle the civil regulatory case filed against them.
New York Stock Exchange may surrender some of its shares in the US stocks to put an end to large trading incentives.
Carl Icahn and Southeastern Asset Management are short listing potential candidates for Dell Inc CEO. after they succeeded in the proxy battle against company founder Michael Dell and Silver Lake Partners.
KKR & Co. confirmed departure of one of its executives, Nicolas Cattelain while Apax Partners LLP refused to comment on said departure of its executive, Massimiliano Belingheri.
Wal-Mart celebrates its annual meeting and announces a share repurchase program. (Photo : Reuters)The image is the frontage of a Walmart store. Wal-Mart Stores Inc has announced plans to undertake a US$15 billion share repurchase plan during its annual workers meeting last Friday.
