Sectors
Lampert Uses US$393 Million for Redemptions
Lampert used US$393 million of shares in AutoNation Inc. to cater to client redemption demands after investors saw struggle at Sears Holdings Corp.
Delta Rigging & Tools acquires Morgan City Rentals
Delta Rigging & Tools bought Morgan City Rentals to form one of USA's leading offshore rigging companies.
CEOs Fight for Elan, the Biggest Hostile Bid of the Year
Since February, top executives of Elan and Royalty Pharma have been vying to control over Elan. (Photo : Reuters )Irish drugmaker Elan will be giving back $1 billion to shareholders as a boost from the sale of its stake in multiple sclerosis treatment Tysabri to partner Biogen Idec.
Lincoln Benefit Life eyed by TPG, Resolution, and J.C. Flowers
Three firms are setting its sights on Allstate Cor's Lincoln Benefit Life. (Photo : TPG Capital)TPG Headquarters at 101 Collins Street Private equity firms J.