Carl Icahn, who is attempting to buy out technology company Dell in opposition to company founder Michael Dell, has sued the company and its board as the bidding war continues. Icahn asked the court to block changes in the rules of board ...
Tags: Buyout Race, Dell
Carter’s, Inc. announced that its wholly-owned subsidiary The William Carter Company intends to commence an offering of $400,000,000 aggregate principal amount of Senior Notes due 2021, subject to market and other conditions. The ...
Tags: Carter, interest rate
Dell's board has struck down new shareholder voting guidelines for a buyout proposed by company founder Michael Dell and his associates, Silver Lake Partners, which are in a fight with investor Carl Icahn to take the PC maker private. ...
Tags: Dell Board
Fox Factory Holding released more details on its planned IPO Tuesday, but it still has not set a date for the auction.? The company plans to offer 2,857,143 shares of common stock, and its current stockholders will offer up an additional ...
Tags: Transportation
The New York Department of Financial Services (NYDFS) has approved the purchase of Sun Life Financial’s US annuity business by Delaware Life Holdings. Delaware Life Holdings is owned by shareholders of Guggenheim Partners, a ...
Tags: Delaware Life, Sun Life
Mafatlal Industries Limited (MIL), the flagship company of the Arvind Mafatlal Group has shown encouraging standalone unaudited results for the quarter ended 30th June 2013. Total income has been Rs. 222.43 Crore and net profit after tax ...
Tags: Mafatlal Industries, Textile
The takeover bout for Dell resumed on Monday, with investor Carl Icahn sounding off on the proposal from Michael Dell and Silver Lake Partners to change rules governing the shareholder vote for a revised bid to take the PC maker private. ...
Tags: Proposed Deal, Dell
Pfizer has reported a net income attributable to the company of $14.09bn, or $1.98 per diluted share, for the second quarter of 2013 compared to $3.25bn, or $0.43 for the second quarter of 2012. Revenues for the second quarter of 2013 ...
Tags: Pfizer, Net Income
Pfizer is planning for internal classification of its commercial operations into three business segments, which will include developed and emerging markets, in an effort to deliver value to consumers and patients. The three business ...
Tags: Pfizer, Commercial Businesses
Methanex Corporation announced an initial $5 million investment in Carbon Recycling International (CRI), a privately held company with headquarters in Reykjavik, Iceland. Methanex will also evaluate further investments to support CRI's ...
Tags: Methanex, Renewable Fuel
After eluding police for 10 days last year, a dragnet in central China’s Henan province finally closed in on Li Mingzhong, the head of a BOC Fullerton Community Bank branch who had absconded with more than US$16 million in rural ...
Tags: Village Banks, Privatization
Global healthcare products provider Perrigo Company and Elan have entered into a definitive agreement, under which the latter will be acquired by a new holding company in Ireland, New Perrigo, in a $8.6bn cash and stock transaction. ...
Hudson’s Bay Company and Saks Incorporated announced that they have entered into a definitive merger agreement whereby HBC will acquire Saks for US$16.00 per share in an all-cash transaction valued at approximately US$2.9 billion, ...
Tags: Apparel, Hudson's Bay
GlaxoSmithKline (GSK) has reported a profit attributable to shareholders of £1.04bn, or 21.2 pence per diluted share, for the second quarter (Q2) of 2013 compared to £1.24bn, or 24.7 pence in 2012. Cost of sales for the second ...
Tags: Glaxosmithkline, Net Profit
Taking the next steps in its transformation to a higher growth company, DuPont is realigning its leadership team to accelerate its integrated science execution across the company and is exploring strategic alternatives for its Performance ...
Tags: DuPont, Performance Chemicals