MTN Group Ltd. stalled its talks with Reliance Communications Ltd. due to India's current revision of rules on mergers and acquisitions.
Venture Capital
Legendary in talks of possible deal with Universal
Legendary Pictures owner Thomas Tull is said to be in talks about a deal with Universal Pictures Legendary Pictures, owned by Thomas Tull, has been talking to several other studios as the set contact with Time Warner's Warner Bros.
Swordfish-iPont Merger Expected To Generate Huge Profits
Swordfish Financial merger with iPoint expected to generate huge profits Swordfish Financial Inc announced that their merger with iPoint are expected generate huge profits for both companies.
Loro Piana Brothers Emerge as Billionaires After Selling Italian Cashmere
LVMH Moet Hennessy Louis Vuitton SA bought 80% of Loro Piana SpA making the brothers who led the company billionaires.
Vivus Inc signs erectile dysfunction drug deal worth Eur95 million
Vivus Inc signed an impotence drug deal with Italy's Menarini Group for Eur95 million. Vivus Inc announced that it signed a contract with Italy's Menarini Group worth Eur95 million or US$121.
Latest News
A US$120 million fund was put up by Swedish firm Brummer and Partners and 20 other investors. A private equity fund targeting Philippine firms worth PHP5 billion or US$120 million was launched today.
LVHM announced that they were able to acquire 80% of Loro Piana LVMH Moet Hennessy Louis Vuitton SA agreed to pay US$2. 57 billion or Eur2 billion for 80% of Loro Piana SpA.
Sparebanken Møre announced that they have entered an agreement with EVRY Sparebanken Møre announced that they have entered an agreement with EVRY for the delivery of IT services for its banking activities.
Today, Imperative and Purpose Economy announced merger with Aaron Hurst appointed as the new chief executive officer.
Aeroflot entered an agreement with the Manchester United Football Club as the official carrier for the team
Company moguls converge at the Sun Valley Conference Deal makers meet up at the Allen & Co's Sun Valley conference to lay groundwork for more deals and acquisitions.
Mark Mobius of Templeton Emerging Markets Group considered investing in Africa. In a statement Mark Mobius released, he said he was considering private equity investments as one of the ways to tap growth in Africa.
Raytheon announced that they were awarded with the deal to make the new electronic jammer for the US Navy.
Starboard announced that they were able to acquire a 6.9% stake in Emulex Starboard Value LP announced that they acquired a 6. 9% stake in Emulex Corp.
