Warburg Pincus opens Bausch & Lomb for IPO at the same time seeking purchaser for the company. Bausch & Lomb Holdings Inc has recently filed papers with US regulators for its initial public offering.
Sectors
Barclays Declares Shares in Ziggo
Despite offer for sale, Barclay's shares in Ziggo too expensive. Barclays was constrained to report its 14. 2% share in Zigoo, the Dutch cable company after the bank was unable to sell its shares during the stock sale it had conducted this week.
Modelo Group to Sell Off Convenience Chain
Modelo is selling off its convenience chain Extra. (Photo : Reuters)The image is a stack of Modelo beers in can in a row, who is subject to an antitrust suit by the US Justice Department.
Mascoma Withdraws IPO Application
Macoma, a biofuel company had withdrawn its IPO filing citing market conditions. Mascoma Corp, a biofuel firm backed by Vinod Khosla, withdrew its registration for its planned initial public offering.
Singaporean Investors File Suit against Morgan Stanley
In the wake of the 2007 mortgage crisis, a group of Singaporean investors have filed suit against Morgan Stanley for their role in the debacle.
Latest News
Esure and Greencoat performance in London bourse is portent of things to come for the market. Two companies provide the barometer for new stock offerings last Friday, as they attracted strong demand at the time when there is a clear improvement in investor confidence.
Piraeus bested rival Alpha Bank to become the manager of Cypriot lenders Bank of Cyprus and Cyprus Popular Bank.
The US, with its latest megadeals, lead the volume in mergers and acquisitions, overshadowing the bleak future of Europe and Asia.
The reported interest of Nelson Peltz in Pepsico and Mondelez caused share prices of the two food giants to increase.
Despite the clamor for more executive payroll controls, Credit Suisse decides to increase the pay of its CEO in 2012.
AXA stands to earn from purchase of its private equity subsidiary. In a statement, AXA is expecting to receive Eur 200 million or US$259. 94 million gain from the buyout of its private equity unit.
After a bitter battle, First Quantum wins shareholder support for Inmet. In a statement, First Quantum Minerals has said it has gathered enough shareholder support to be able to take over Inmet Mining.
BP, as promised, returns nearly US$8 billion to its investors through a share buy back program. British oil giant British Petroleum or BP Has announced that starting Friday, it would be conducting a buy back share program in consonance with its promise to reward shareholders after its sale of its interests in TNK-BP.
Barclays has decided to declare a 14.2 percent stake in Dutch cable company Ziggo following its failure to find enough buyers for the shares in a sale.
