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Steinway agrees to revised $512 million bid from Paulson & Co 16 Aug 2013 | 10:00 pm
Steinway Musical Instruments Inc has agreed to be taken private by Paulson & Co, after the hedge fund owned by billionaire John Paulson raised its offer to $40 per share, valuing the 160-year-o… [via...
CVC Capital to buy UK?s Domestic & General for $1.2 bn 14 Aug 2013 | 10:00 pm
European private equity firm CVC Capital Partners, yesterday agreed to buy Britain’s home-appliance warranty provider Domestic & General Group Ltd from peer Advent International, for a reported… [via...
DoJ puts spanner on AA-US Airways merger 14 Aug 2013 | 10:00 pm
The $11-billion merger between US Airways Group Inc and American Airlines? parent corporation, AMR Corp has been blocked by the US Department of Justice [via Domain-b Aerospace] Follow us @enterpris...
Hedge-fund Paulson & Co outbids Kohlberg & Co for Steinway & Sons 13 Aug 2013 | 10:00 pm
Steinway & Sons yesterday said that it has received a higher competing offer, a month after private equity firm Kohlberg & Co tabled a $438-million buyout offer for the 160-year-old manufac… [via Dom...
N-capable Prithvi-II passes random test with flying colours 12 Aug 2013 | 10:00 pm
India this morning successfully test-fired the indigenously developed Prithvi-II nuclear weapons capable surface-to-surface ballistic missile for its full range of 350 km [via Domain-b Aerospace] Fo...
Banks take over Kingfisher House in Mumbai 12 Aug 2013 | 10:00 pm
Kingfisher House in suburban Mumbai is to be taken over by the lenders of Kingfisher Airlines (KFA) as part of their plan to recover their dues. In April, the Vijay Mallya-owned carrier was … [via Do...
NASA to look for life in Jupitor?s moon Europa 8 Aug 2013 | 10:00 pm
Scientists will study the reddish ?freckles? and cracks that stain Europa?s icy surface and their chemistry to know whether these are among the building blocks of life [via Domain-b Aerospace] Follo...
Fire ravages Kenya’s international airport 7 Aug 2013 | 10:00 pm
Firefighters struggled today to contain a massive blaze that broke out early in the morning forcing the closure of Jomo Kenyatta International Airport in Nairobi, according to witnesses and officia… ...
Jet Airways slashes fares on domestic routes to take on competition 3 Aug 2013 | 10:00 pm
Jet Airways today launched the sale of 7,00,000 special low-priced air tickets, on domestic routes, in a week-long sale lasting till 9 August, to take on competition from no-frill carriers and attr… ...
Insat-3D gave scientists anxious moments after launch 2 Aug 2013 | 10:00 pm
Minutes following the launch of INSAT-3D satellite last month to help forecast weather and predict natural disasters, scientists at the Indian Space and Research Organization (ISRO) went through so… ...
