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.
Sectors
Bertelsmann to Sell Part of its Stake in RTL Group
German media conglomerate Bertelsmann has said that it is making sale of a stake in RTL group. Germany's Bertelsmann has announced that it is planning to sell a stake in broadcasting company RTL Group worth as much as 1.
Randstad Acquires Some of USG People's Operations in Europe
Randstad and USG People reached a deal in which the former will buy some of the latter's European operations for 20 million euros.
IAG Closes Purchase Order of 787 Dreamliners from Boeing
International Airlines Group said it will be buying 18 787 Dreamliners from Boeing, which faced over lithium-ion battery overheating concerns.
Vodafone Considers Company Sale to Verizon
Vodafone shareholders are thinking about whether they should sell the entire company to Verizon or just sell its 45% stake.
Latest News
Absolute Software agrees to a deal in which its software for tracking stolen devices will be embedded by Samsung's Galaxy phones.
Allianze, through its CIO criticized the handling of block sales of firms resulting in retained shareholdings by the bank.
The government's promise to pay its outstanding bills was shelved after the caretaker government failed to sign into law the said measure.
Debt bonds with BBB Minus rating would be offered by BTG Pactual Group subsidiary BTG Investments. A subsidiary of BTG Pactual Group, BTG Investments is planning to sell off five year senior unsecured bonds by next week.
Clear Channel Outdoor shareholders agreed to a settlement for an improper loan causing significant loss to the parent company.
Ireland’s Takeover Panel is urging United State's Royalty Pharma to firm offer for Irish drugmaker Elan by May 10.
According to President and COO Gary Cohn, Brazil is the new frontier for growth for Goldman Sachs. In a bid to increase its base of corporate clients in Brazil and neighboring countries, Goldman Sachs President and COO Gary Cohn said that it would respond to increased demand for corporate loans, advisory services and structure financing in the country.
Valeant increases its offer to acquire Obagi after Merz Pharma tops its previous offer last month. Cosmetics products maker Obagi Medical Products Inc.
According to a shareholder group, RBS and its directors should stand trial for lost share value in the bank because of the acceptance of the bailout plan.
