Royal Bank of Canada officials’ conflicts of interest tainted a $438 million buyout of Rural/Metro Corp. and the national ambulance service’s former investors deserved more for their shares, a judge ruled.
Poundland Group Plc has demand for all the shares it is selling in an initial public offering that will value the U.K. discount retailer at as much as 750 million pounds ($1.3 billion), according to terms of the deal.
Timothy Geithner’s memoir will explain his decisions during the global financial crisis, tackle any misperceptions and describe surviving a political firestorm from Wall Street to Main Street, he said.
Poundland Group Plc, the U.K. discount retailer that plans to sell shares in an initial public offering, will test online sales later this year as it seeks to break into another growth area for shopping.
New York got its Oscar party early as a star-filled Hollywood supper club took over Alice Tully Hall last night, with prime spots occupied by Madonna, Alibaba executive vice chairman Joe Tsai and Bank of America investment banking vice chairman Cary Thompson.
The world’s mining assets may be the target of mergers and acquisitions as an $8 billion pool of private-equity money that has lain dormant is stirred this year by attractive valuations and predictions of resilient demand for raw materials.
Former U.S. Treasury Secretary Timothy Geithner is joining private-equity firm Warburg Pincus LLC after a quarter-century career in public service that was capped by his oversight of financial crisis rescues of Wall Street banks and General Motors Corp.