Private equity company decides sale of its sports and modeling talent agency IMG and is looking for an investment bank to lead the auction.
Sectors
Wells Fargo Increases Equity within Volcker Rule
Wells Fargo continues private equity investment activity despite Volcker Rule. Wells Fargo and Co CEO Dick Kovacevich initially had reservations about banks dabbling in private equity investments.
Malaysia's AirASia Reveals up to $60-Million Investment in its Indian Airline Venture
The largest budget carrier in Asia plans to invest $30 million to $60 million into its new airline venture in India.
Sigma Announces Release of Photo Pro 5.5
Sigma Corporation improves software capabilities with Photo Pro 5.5. (Photo : Reuters) Sigma Corporation of America, the manufacturer and developer of the most impressive lenses, cameras and flashes has recently unveiled the Sigma Photo Pro 5.
Ottawa Approves ExxonMobile's Acquisition of Celtic Exploration Ltd. in $3.1 Billion Deal
Celtic Exploration Ltd can now be acquired by giant energy firm ExxonMobile when Ottawa approved the merger under the Investment Canada Act.
Latest News
MGM Resorts chair Jim Murren said Crystals luxury mall has potential buyers (Photo : Reuters) MGM Resorts International's chief executive said he remains bullish on Macau despite reports of slowing growth in the gambling enclave of China.
The New York Times is putting up the Boston Globe group for sale for a second time (Photo : Reuters) For the second time, the prestigious Boston Globe has been put up for sale by its current owners, the New York Times Co.
ExxonMobil purchases Celtic Exploration (Photo : Reuters) In compliance with the Investment Canada Act, the Canadian Minister of Industry has recently announced the approval of the acquisition by ExxonMobil Canada Ltd of Celtic Exploration Ltd.
CSC divesting interest in ESI. An agreement was recently reached by CSC and Itochu Techno-Solutions Corporation (CTC) together with the ITOCHU Corporation for the sale of the Enterprise Systems Integration (ESI) unit at CSC.
Essex Property purchases Fox Plaza property Essex Property Trust, Inc. , one of the foremost property developers in the West Coast has expanded in its property interests in San Francisco, California with the recent purchase of the Fox Plaza.
Pinterest wins US$200,000 funding to increase value to US$2.5 billion. (A screen grab of the home page of Pinterest. com) Pinterest, the most popular online image pinboard recently won US$200 million worth of new funding for its operations.
UBS has recruited former Morgan Stanley adviser Henry Berkley as it competes in pooling top advisers in the U.S.
Cangene has decided to close its acquisition of the hemophilia compound as Inspiration Biopharmaceuticals faces bankruptcy proceedings.
Aperam has teamed up with two steel makers to purchase the plant owned by Outokumpu, which has been aiming to get regulatory approval for purchasing a steel business in 2012.
