Sources disclosed to Reuters that Cerberus Capital Management LP and other buyout firms were interested in acquiring Safeway Inc.
United States
Bromium raises USD40 million in Series C investment round
Bromium's oversubscribed Series C funding round had raised USD40 million. Bromium, whose micro virtual machine technology assisted IT administrators in trapping malware, raised USD40 million in investment capital.
Intel Capital commits USD65 million in 16 companies
16 startups whose products focused from cloud services to video and imaging technologies had received USD65 million in investment from Intel Capital.
APR Energy to expand in power rental via USD314 million GE unit acquisition
The acquisition of the GE Power & Water business by APR Energy Plc would also make General Electric Co a strategic investor in the temporary power provider.
BTG working on bid for JPMorgan Commodities Unit - source
Grupo BTG Pactual was reportedly working up a bid to purchase the commodities unit of JPMorgan Chase & Co.
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Health officials still could not find an answer to what killed 600 pets linked to jerky treats made in China.
With the increasing competition from both high-end and mass retailers, US mainstream grocery chains had been selling off business units to private equity firms.
Like Facebook and Zynga before it, Twitter was able to secure a USD1 billion credit facility from its IPO bank managers.
A share buyback worth USD1.9 billion was agreed upon between Corning and Samsung for the joint venture Samsung Corning Precision Materials Co.
A final decision would be made on the commencement date for submission of tax returns for 2013 by the IRS in December.
In a bid to get past the Macy's suits filed against the retailer and Martha Stewart, JCPenney had decided to amend the agreement it had entered into with Martha Stewart Living Omnimedia.
According to demand, Riverstone Holdings would increase the IPO volume of Riverstone Energy. A demand from buyers for the minimum GBP670 million or USD1.
Seeing a decline in its fees and revenues in its current market, Fidelity Investments goes into ETF management, a market dominated by the Vanguard Group and BlackRock Inc.
Despite the protestations of son Brett, Carl Icahn still pushed on with the sale of shares in Netflix.
