Children's Place, the largest children's apparel retailer in the US, is in talks with Arvind Brands about a possible India entry next year. Children's Place is looking to expand its market outside North America.
United States
Blackstone Group succeeds as one of the largest warehouse landlords in the US- report
According to a Bloomberg report, Blackstone Group has made its mark as one of the largest warehouse landlords in the US with its industrial real estate firm formed three years ago, which is already two times its size.
QEP Resources bows to activist hedge fund pressure, to spin off business units
QEP Resources recently announced that it will split its QEP Field Services division to a separate entity as well as its holding in QEP Midstream Partners. QEP Resources had been under fire from activist hedge fund Jana Partners.
Industry executives, academics warn sequestration may undermine country's competitiveness- report
Industry executives and academics said mandatory budget cuts or sequestration have led to job losses and could eventually undermine the competitiveness of the US in the global economy, a Reuters report said.
US plastic compound manufacturer A Schulman finalizes acquisition of Network Polymers
Ohio-based plastic compound and resin supplier A. Schulman Inc announced the completion of its acquisition of US engineered plastics distribution business Network Polymers Inc in a deal valued at USD49.5 million.
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According to a Bloomberg report, Fifth & Pacific's designer handbag maker Kate Spade may become the next hot acquisition for buyout firms and retailers after the company sells Juicy Couture and Lucky Brand.
US movie company AMC Entertainment Holdings Inc said it will seek to raise USD 368 million in its initial public offering. AMC is owned by the Dalian Wanda Group controlled led by Wang Jianlin, the richest man in China.
Houston-based energy firm Calpine Corp said it agreed to buy the 1,050-megawatt Guadalupe Power Plant near San Antonio for USD625 million from MinnTex Power Holdings LLC.
New York-based startup Eleven James received USD1.4 million in seed funding from strategic investors to launch its luxury watch rental and watch trade-in service for men.
German industrial conglomerate ThyssenKrupp AG reportedly plans to put up for sale its 51.5 million new shares in a capital increase. The deal could bring in EUR907 million (USD1.23 billion) to the company.
Private equity firm Thoma Bravo's quick flip of Digital Insight to NCR Corp just 124 days after it acquired the firm from Intuit was highly profitable for the company, a report from The New York Times The Dealbook said.
San Antonio based global media and information company Hearst Corp agreed to purchase an 85% stake in Dallas-based home health and hospice software maker Homecare Homebase LLC for an undisclosed amount.
Los Angeles-based media platform company The Chernin Group (TCG) acquired a majority stake in anime video distribution firm Crunchyroll, giving Peter Chernin's company one of the world's largest streaming websites.
The International Data Corporation released its forecast for the PC market worldwide, estimating a 10.1% plunge in 2013 sales, a 3.8% contraction in 2014, and a 300-million mark on an annual basis.
