Arabtec to have bond issue and share sale to raise capital for 2013. Arabtec, the Dubai based construction firm went through a major management shakeup last week.
Tags: CEO
Shire Makes Second Ophtha Purchase
Shire pay US$160 million for SARcode Bioscience. Shire recently announced its purchase of privately owned US biotech firm SARcode Bioscience. The acquisition was worth US$160 million and central to the deal is the rights over a new drug in the late stages of development that helps cure dry eye disease.
Rosetta Resources Purchases Acreage
Rosetta purchases oil shale acreage from Comstock. Rosetta Resources Inc, the oil and natural gas producer, would be investing in Comstock Resources Inc's acreage located in West Texas Permian Basin.
Hulu Elevates Interim CEO
Hulu appoints Andy Forsell as Interim CEO pending decision by Disney and News Corp on future of the website.
UBS Has No Plans To Sell
Rumors of the sale of UBS wealth management subsidiary quashed by CEO remarks. This was the statement from Chief Executive Officer Sergio Ermotti when asked if UBS was planning to sell its wealth management arm.
Latest News
Best Buy closes chapter on Schulze takeover bid. With the clock passing on the deadline for the Richard Schulze offer to be filed, Best Buy is now going with the turnaround plan proposed by current CEO Hubert Joly.
Barnes and Noble Chairman to decide future of the book retailer. A bloc stakeholder in Barnes and Nobles retail stores, Liberty Media Corp, has said it has the power to veto a sale of assets of the company.
Man Group revamp seen to buoy Fund recovery. Man Group is depending its future on its fund manager AHL as it reports its current status as the leadership of new CEO Emmanuel Roman begins.
Endo gains strength with new CEO. The share values of the maker of the popular Percocet, Endo Health Solutions Inc increased after a month in the doldrums after the announcement of the appointment of its new CEO.
