Italian fashion house Versace plans to accept outside investments to fund expansion in overseas market such as Asia.
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Versace Reviewing Options for Further Growth
CEO Ferraris of Versace is open to recommendations on possible capital investments or retention of family exclusivity for growth opportunities.
Global investment banking fees in first quarter up by 6%
Global investment banking services showed its strongest annual start in two years with fees rising by six percent in the first quarter.
Deutsche Telekom to amend new MetroPCS deal terms
German Deutsche Telekom plans to amend the terms of a proposed merger between its T-Mobile USA and MetroPCS Communication, a local company, sources said.
Cyprus’ action scares depositors - Carlyle's Rubenstein
Cyprus’ action scares depositors Inflicting losses on deposits at Cypriot banks could drive investors across the world to pull their money from banks in other countries, according to Carlyle Group co-chief executive David Rubenstein.
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Attractive rates and longer maturity periods are luring private equity firms to replace leveraged loans with European high-yield bonds.
The BTS Rail Mass Transit Growth Infrastructure Fund is now worth US$2.13 billion after its IPO. BTS Group, the Bangkok SkyTrain operator has raised nearly US$2.
Sterling Bancorp was purchased by Provident New York Bancorp for US$344 million. Provident New York Bancorp has announced its purchase of Sterling Bancorp through a stock deal amounting to US$344 million.
Cerberus Capital is now preparing to undertake an IPO of its German property assets. Private equity firm Cerberus Capital Management LP, led by Stephen Feinberg is now going full steam ahead with an initial public offering of its German retail property assets.
India, in order to raise funds to narrow the budget deficit, is selling off asset shareholdings in Indian corporations.
JinkoSolar obtains a RMB360 million loan facility from China Development Bank. The leading private venture solar power products manufacturer, JinkoSolar Holding Co Ltd announced the signing of a RMB360 million or US$58 million loan agreement with China Development Bank.
Billabong is currently priced at Aus$0.50, much lower than the estimated offer. Billabong International Ltd, the largest surf wear company in Australia, is being bidded out for as low as Aus$0.
Randstad purchases part of USG People's operations at Eur20 million. Randstad, the Dutch staffing firm has entered into an agreement to purchase part of USG People's European operations.
Bertelsmann would be selling off part of its shareholdings in the RTL Group for an estimated Eur1.5 billion.
