How a Myer float floated off to the Caymans

Source: The Age

The Tax Office has not given up its chase. On Thursday, August 25, a Mercury article headlined ''ATO Chases ex-Premier's Son'' wrongly claimed the Australian Tax Office was seeking $735 million from Ben Gray as Managing Dire ...
Full article at: The Age  More like this  1 day ago, 12:28pm CDT

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Sycamore Walks Away From Talbots Buyout

Source: The Street

On Friday, Sycamore let its $3.05 a share bid for Talbots, worth roughly $215 million, expire after it had already upped a previous all-cash bid and extended deadlines for the Hingham, Mass-based retailer. Talbots shares plunged in early Friday tradi ...
Full article at: The Street  More like this  1 day ago, 10:21am CDT

Asia private equity funds line up dollars for Myanmar

Source: Westlaw Business Currents

(Reuters) - Hong Kong's Cube Capital and Marc Faber-backed Leopard Capital are among Asian private equity firms lining up nearly $500 million aimed at Myanmar, hoping to tap into its rich natural resources and fill its infrastructure void, as sanctions ...
Full article at: Westlaw Business Currents  More like this  2 days ago, 2:50am CDT

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Eurovision Song Contest 2012 streamed Live Online
If you are bored tonight you can watch the Eurovision Song Contest 2012 online now.

 

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Airbags could go off unexpectedly in some models

 

Fox, CBS, and NBC Sue Dish Network for Cutting Commercials
AutoHop under fire

 

Kabbage Named Red Herring Americas Top 100 Winner

Source: PRWeb

Kabbage, Inc., the leading provider of working capital for small businesses, announced today it is a winner of the Red Herring Americas Top 100 Private Companies award, a distinguished honor that recognizes the most innovative and fastest growing co ...
Full article at: PRWeb  More like this  2 days ago, 12:50pm CDT

UPDATE 1-United Tech says Goodrich deal to close in July

Source: Reuters.co.uk

* Confident in face of EU antitrust review * Says sale of Rocketdyne, industrial units on track (Adds quotes, details, background, byline) May 22 (Reuters) - United Technologies Corp is confident that its $16.5 billion takeover of aircraft components ...
Full article at: Reuters.co.uk  More like this  4 days ago, 12:16pm CDT

Reuters – TPG Investing in Japanese Apartment Developer

Source: PE Hub

Drop us a tip! Private equity firm TPG Capital, seeking to invest in distressed Japanese assets, agreed to jointly buy bankrupt apartment developer Joint Corp. with property consultancy Savills. The value of the investment was not disclosed in the st ...
Full article at: PE Hub  More like this  4 days ago, 9:50am CDT

Private equity deals

Source: Street Sweep, Fortune

The latest on private equity, M ...
Full article at: Street Sweep, Fortune  More like this  4 days ago, 9:43am CDT

KKR Said to Near $2 Billion for Second Asia Fund

Source: Bloomberg.com

KKR ...
Full article at: Bloomberg.com  More like this  5 days ago, 12:01am CDT

UPDATE 1-SK hynix, GlobalFoundries may try to buy Elpida -source

Source: Reuters

TOKYO May 21 (Reuters) - A group of Elpida Memory bondholders opposes Micron Technology's offer to buy the bankrupt Japanese chipmaker and has reached out to South Korea's SK hynix and U.S.-based GlobalFoundries to ready a potential alternative plan ...
Full article at: Reuters  More like this  6 days ago, 6:24am CDT