The international watchmaking company was bought out by its CEO together with the management in a move to implement revitalization strategy.
Sectors
Wisconsin bill supports business financing and job creation
Wisconsin bill that supported business financing and job creation was signed by Gov. Scott Walker. Gov. Scott Walker signed a bill Thursday that supported business financing as well as the creation of jobs in Wisconsin.
Boat ride injures 7 at Cedar Point theme park
A thrill ride in Ohio injured seven after rolling backwards and flipping over the water. A thrill ride in one of Ohio's amusement parks malfunctioned on Friday, injuring seven people after rolling backward down a steep hill.
Game Account teams up with Reel Time Gaming
Game Account and Reel Time Gaming teams up for a multi year partnership deal. GameAccount Network announced their multi-year partnership with Reel Time Gaming.
Disney and Hasbro signs new strategic marketing contract
Hasbro and Disney announced that they have formed a better strategic merchandising affiliation for the Disney/Marvel properties.
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Julius Baer's profit fall 30% due to tax charges and a merger. Julius Baer Group AG said its profits fell due to two pressing concerns. These were a merger for expansion and a UK tax treaty.
Zimory announced that they are now in collaboration with Devoteam to ease business cloud transformation
“Trend following is dead,” said FX Concepts, expecting another year of dismal returns. "Trend following is dead because trends never really get going," John Taylor, chairman of FX Concepts, grumbled.
PNoy's SONA gave a boost to the Philippine stock market. The fourth State-of-the-Nation Address (SONA) was recently given by Philippine President Benigno Aquino III.
CVC Capital Partners raised Eur 10.5 billion for it most recent buyout fund,, which will be utilized for investments in North America and Europe.
With the Beijing Restaurant accepting a lease buy out, building of CVS Pharmacy in Duluth site has been moved next year.
Coub announced that it had received support from local venture capitalists, raising US$1 million. Coub has raised a capital of US$1 million from local venture capitalists Phenomen Ventures and Brothers Ventures.
Cerberus Capital Management revealed that it had acquired two portfolios of German real estate properties with a combined total land area of more than 350,000 square meters.
Mark Creasy sold a portion of his early-stage mining assets to Windward. Mark Creasy, an Anglo-Australian millionaire worth US$764 million, was selling to Windward Resources his early-stage mining assets.
