Twitter's share price increase shows the divestiture of the conservative approach to IPO management.
Sectors
Grupa Lotos set to purchase new oil licensing shares
Licensing rights would be purchased by Grupa Lotos SA. The second largest refiner in Poland, Grupa Lotos SA, had entered into an agreement to purchase Centrica Plc's oil and gas exploration assets located in the Norwegian side of the North Sea.
PPF Group NV to return Telefonica Czech Republic back to local hands
PPF Group NV agreed to purchase Telefonica Czech Republic's majority shareholdings. The PPF Group NV of billionaire Petr Kellner had agreed to purchase the controlling stake in Telefonica Czech Republic.
Advantage Rent a Car to seek bankruptcy protection
Advantage Rent a Car was hived off by Hertz to comply with regulatory authorities. Advantage Rent A Car would be filing for bankruptcy after Hertz had terminated lease agreements over vehicles that Advantage was able to use in its operations.
First non Russian CEO appointed to Lada
Lada is set for major developments, such as the appointment of its first non Russian CEO. Bo Andersson was recently appointed by OAO AvtoVAZ as its new CEO.
Latest News
BlackBerry's cash reserves may only last until 2014. Beleaguered smartphone maker BlackBerry had planned to issue convertible notes worth USD1 billion after the collapse of its Fairfax Financial Holdings bid.
IntercontinentalExchange Inc Chief Executive Jeff Sprecher said on Tuesday that he expected the consolidation between his company and NYSE Euronext be completed within days.
3i pays EUR165 million for the 49% stake of Allianz Capital Partners in Scandlines. 3i, the private equity investor, had bought out the co-owner of its ferry group Scandlines.
Confie Seguros acquired DeFranco Insurance Agency and Insurance Group of America. One of the fastest growing national providers of personal lines insurance, Confie Seguros, announced today its acquisition of two insurance brokerages, namely DeFranco Insurance Agency Inc of Niagara Falls, NY and Insurance Group of American Inc dba City Insurance of Palm Springs FL.
G4S Chief Executive Ashley Almanza had launched several company restructuring moves, including a divestment of its 35 business units.
After the denial of its request for partial due diligence, Jos A Bank Clothiers speaks up and to the Men's Wearhouse board.
Acer CEO and Chairman J.T. Wang announced his resignation today amidst a better third quarter results report.
Sidley Austin LLC had announced Timothy Spangler joining the firm as its new partner for its Global Investment Funds unit.
The two banks for middle market advisory services have merged to provide a wider range of portfolio services to its clientele.
