RECENT NEWS
Reuters  3 hrs ago  Comment 
Israeli real estate developer Property & Building , a subsidiary of debt-ridden conglomerate IDB Holding , has agreed to sell the Barneys building in Chicago for $154 million.
Wall Street Journal  Jun 12  Comment 
Coty, the beauty-products conglomerate behind Calvin Klein perfume and Lady Gaga fragrance, will price its IPO late Wednesday, marking its long-awaited market debut.
Financial Times  Jun 11  Comment 
Sale of the UK logistics company to Brookfield Asset Management follows creditor criticism that the conglomerate was not offloading assets fast enough
Forbes  Jun 10  Comment 
Recently, Scott Denne of the Wall Street Journal reported that online media conglomerate IAC has taken an investment stake DraftStreet -- a daily fantasy sports website that was launched by a team of primarily University of...
Wall Street Journal  Jun 10  Comment 
The bankruptcy filing by STX Pan Ocean, once a major profit driver of one of South Korea's conglomerates, is a reminder of the prolonged slump in the marine-transport business
Reuters  Jun 9  Comment 
A Tel Aviv court set a late August deadline on Sunday for indebted Israeli conglomerate IDB Holding to sell its stake in an insurance firm, giving its chairman some breathing space in a bitter ownership battle.
Forbes  Jun 8  Comment 
A new high-capacity flash-charging technology pioneered by ABB Group, the Swiss power and automation conglomerate, will allow electric trolleys to run without overhead power lines.
Reuters  Jun 7  Comment 
A dispute involving a gun industry executive who claims he was fired after being falsely accused of bringing his weapons to work offers a peek into Freedom Group, the gun making conglomerate owned by Cerberus Capital Management LP.
Cloud Computing  Jun 6  Comment 
Panzura, a leading provider of global cloud storage solutions, today announced that the company has closed a $25 million Series D funding round led by late-stage funding experts Meritech Capital Partners with participation from its existing...
Reuters  Jun 6  Comment 
Indian conglomerate Reliance Industries Ltd will spend more than $26 billion across its businesses over three years, it said on Thursday, giving few details of plans for its long-anticipated launch of 4G telecommunications services.     




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