Mercator, the largest retailer of food products in Slovenia has received two bids, one from regional rival Agrokor and investment firm Mid Europa Partners.
Sectors
Icahn recommends alternate Dell Board of Directors
Icahn recommends new Board of Directors for Dell. The special committee of the board of directors of Dell Inc has formally asked Carl Icahn for specific details of the plan to be implemented that would have the computer maker pay dividends and issue shares as he has proposed.
Elliot Blasts Hess Corp's Two Director Offer
Elliot Management calls the offer of Hess Corp of two directors a "PR stunt". In a bid to appease Elliott Management, Hess Corp has offered the maverick investment fund two seats on the board.
Petrobras Sells Debt in Six Tranches
Petrobras raises funds through debt issues in six tranches totalling US$11 billion. Petroleo Brasileiro SA, the state controlled oil firm from Brazil, has announced the sale of US$11 billion of global debt.
Glass Lewis Recommends No to Shareholders
Glass Lewis recommends to shareholders not to vote for proposed executive compensation package. According to proxy advisory firm Glass Lewis, shareholders of Goldman Sachs Group Inc should vote against the proposed executive compensation as the board has 'failed to link pay with performance'.
Latest News
Avista offers cash bid for Telular shares at US$12.61 per share. In an announcement on Monday, Avista Capital Partners disclosed that the ACP Tower Meger Sub, Inc has pushed through with its earlier announcement regarding its cash bid for all the existing shares of common stock of Telular Corporation.
Vue Entertainment purchases Poland's Multikino SA for an undisclosed amount. The joint vetnure of the ITI Group and AREA Property Partners, Vue Entertainment had announced today that it is acquiring Multikino SA, the leading multiplex operator in Poland.
Kleins plan to sell off 53.8 million common shares worth 2 billion reais through a public offer. The Klein family of Brazil has disclosed its plans to sell off nearly 33% of its capital holdings in Via Varejo SA.
KeyCorp CFO to retire soon. KeyCorp disclosed today that current Chief Financial Officer Jeffrey B. Weeden has notified the company of his intent to retire after almost 11 years in the firm.
Schaeffler terminates investment agreement with Continental AG. Continental AG of Germany said that its shareholder Schaeffler has sent a notice of termination for an investment agreement in force since August 2008.
Elan Corp pulls off deal for Theravance respiratory medication royalties from GlaxoSmithKline. Elan Corporation, the Irish pharmaceutical firm has entered into an agreement on royalties to alleviate concerns about its acquisition strategy as well as be able to blunt the takeover bid of Royalty Pharma.
Experian sells off its market research services unit to WPP. The global information services company, Experian Plc has announced Monday that it has agreed to sell off its market research services.
Blackstone is preparing to make an offer for the 14% shareholdings of LIC in Stock Holdings Corporation of India.
Patron Capital Partners is planning to spend nearly Eur1 billion for property purchases in Germany. Patron Capital Partners is a private equity company that does investments in a number of real estate projects throughout Europe.
