Venture Capital

Cooper Tire asks court to require immediate close of its deal with Apollo

Cooper Tire & Rubber Co filed a complaint in the Delaware Chancery Court to compel Apollo Tyres in closing its acquisition transaction soon, said a Reuters report.


Etihad Airways- Jet Airways deal goes to anti-regulatory authorities

The merger of Etihad Airways and Jet Airways passed finance regulatory authority review and now would go to the antitrust regulatory authority.

Maidenform announces stockholder approval of merger

The stockholders of Maidenform Brands Inc. had voted in favor a previously announced merger agreement with Hanesbrands Inc. today.

Harris Teeter shareholders approve merger with Kroger

The shareholders of Harris Teeter Supermarkets Inc. voted in favor of a previously announced merger agreement with The Kroger Co. during a special shareholder meeting held today.


Latest News

The IntercontinentalExchange Inc set to purchase NYSE Euronext. The NYSE Euronext and the IntercontinentalExchange Inc announced last Wednesday that the two are nearing ICE's completion of its proposed takeover of the Big Board operator.
In a move to revitalize the UAE financial market, the Dubai and Abu Dhabi regulatory authorities are exploring ways to merge their bourses.
Tesco Plc paid HKD4.33 billion or USD588 million for 20% of its venture with China Resources Enterprise Ltd.
A BRL 300 million investment would be done GIC Pte in Aegea Saneamento e Participacoes SA. The Singaporean state fund GIC Pte had entered into an agreement that an investment worth BRL300 million or USD135 million in a Brazilian utility firm.
Portugal Telecom announced in a statement that it would be merging with Brazilian telecom company Oi.
Software company SAP AG said it would be pouring over USD650 million to its new SAP Ventures Fund II.
The state of Texas had dropped out of the lawsuit filed by the US Justice Department to block the US Airways-American Airlines merger, according to a Reuters report.
Cooper Tire & Rubber Co shareholders voted in favor of the proposed merger with Apollo Tyres Ltd yesterday, according to a Bloomberg report.
Financing was released by RatPac-Dune Entertainment for about 75 films to Warner Bros. studio. Warner Bros, the studio unit of Time Warner Inc, would be receiving a USD450 million from RatPac-Dune Entertainment LLC to serve as funding for 75 films, including its summer franchise offerings.
Steve Case, Tige Savage and David Golden lead Revolution Ventures fund to the future. The Revolution Ventures fund, the first fund aimed at early stage investments, announced the expectation of closing USD200 million in commitments earlier today.
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