Virtual Data Rooms from DRSdigital Simplify Transaction Processes for MidCap M&A Advisors

Virtual Data Rooms Increase Efficiency in Complex Sales Processes
MILAN–(Business Wire)–
DRSdigital, transaction service provider and provider of virtual data rooms for
exchanging internal and external confidential information, have made transaction
processes for MidCap M&A advisers simpler by professionally marketing assets via
the DRSdigital Online Teaser.

Using Online Marketing, M&A analysts are able to better regulate and control
access to information about the assets to be sold, in contrast to their previous
method of sending information by e-mail or fax. A protected area presents
information on the item to be sold to all interested parties.

Bidders receive access to the virtual data room for information memos and Due
Diligence. The often time-consuming and painstaking assessment of countless
documents is work which can be made more difficult by a lack of professionalism
during implementation. Storing Due Diligence documents in a virtual data room,
as opposed to a classical physical data room, has significantly improved the
latter in the past few years. Quick, simple, and parallel access to the
documents in the virtual data room makes the work easier for all parties
involved. Of course, this is provided that the data in the data room is well
organized.

The professional online marketing of items to be sold as well as a perfectly
structured virtual data room provide more than just a touch of professionalism;
they also simplify and shorten the transaction process for MidCap M&A advisors.

Company Profile

DRSdigital is a transaction services provider specializing in highly secure,
fast and reliable virtual data rooms. DRSdigital data rooms can be used for a
variety of purposes as the solutions and services are customized to each
customer´s specific needs. DRSdigital facilitates complex transactions in the
areas of M&A, Private Equity, Non-Performing Loans and Initial Public Offerings
although the transaction specialist is likely best known as the market leader
for large cap real estate transactions. www.drs-digital.com

DRS Frankfurt
Meike Mohr
Vice President Marketing
P: +49 (0) 69 478640 – 280
F: +49 (0) 69 478640 – 1
meike.mohr@drs-digital.com
www.drs-digital.com

Copyright Business Wire 2010

Silvio Berlusconi ‘agrees to divorce’ second wife

London, May 10 (ANI): Italian Prime Minister, Silvio Berlusconi, has reportedly agreed on a divorce settlement with his second wife/actress Veronica Lario.

According to reports, Lairo will receive “considerably less” than the 3.5 million Euros a month, she had demanded as maintenance.

Instead, Berlusconi, 73, has offered her up to 300,000 euros a month.

Also, she is likely to retain Villa Belvedere, her mansion at Macherio near Milan.

Legal sources revealed that the estranged couple, had “coldly shaken hands” after nearly five hours of talks at the Milan courthouse.

Nonetheless, they added that the outcome had been “satisfactory”.

Lario blamed the leader, who has been linked to different women in the past, for the split, reports the Times.

Meanwhile, Berlusconi’s aides suggested Lairo had an affair with a bodyguard.

Lario’s staff, however, denied the allegation.

The two have been married for twenty years and have three children together. (ANI)

ECB’s Bini Smaghi says Greek deal helps euro-paper

MILAN, April 12 (Reuters) – The Euro zone’s 30 billion euro rescue package for Greece will help the single currency and has avoided in Europe what happened in the United States with the collapse of Lehman, ECB board member Lorenzo Bini Smaghi said.

“We have avoided what happened in the U.S. with Lehman,” Bini Smaghi said in an interview published on Monday by Corriere della Sera newspaper.

“The euro is based on the principle that who makes mistakes pays the consequences and has to change direction. We have helped Greece do it and this gives a guarantee of stability for the currency,” he said.

He said without the deal there could have been contagion to other countries and institutions.

Bini Smaghi also said the EU council will work on reform to reinforce governance of public finances and structural divergences, adding that Europe must reinforce watchdog mechanisms.

(Reporting by Danilo Masoni and Jo Winterbottom) (Milan Newsroom +390266129507) more info click on [IT-LEN-E]

ECB’s Trichet says Italy not in situation of Greece-report

MILAN, April 9 (Reuters) – Italy is not in the same situation as Greece and has shown a degree of resistance in the present difficult period, ECB president Jean-Claude Trichet said in an interview on Friday with Il Sole 24 Ore.

“In particular it (Italy) has been able to contain its yearly public deficit,” Trichet said.

He said the ECB encouraged Italy to rigorously apply its recovery programme.

Trichet reiterated that the question of Greece going bankrupt was not in discussion “in light of the decisions taken by the Greek government to reduce its public deficit and the declarations of heads of state and government of the Eurozone.”

Trichet said a “clear bipartisan agreement is needed in countries wishing to enter the Eurozone”.

“It is not possible to enter or leave the Eurozone as if getting on or off a bus,” Trichet said.

(Reporting by Stephen Jewkes)

No commissioner seen for Fastweb, T.Italia unit

MILAN, April 2 (Reuters) – Telecoms operators Fastweb (FWB.MI) and Telecom Italia Sparkle (TLIT.MI) will not be put under special administration over the fraud allegations which have ensnared the companies, judicial sources told Reuters.

A court hearing due to decide whether to appoint a special commissioner to run the companies, set for April 7, has been cancelled, the sources said.

Among the conditions agreed for avoiding the appointment of a special commissioner are the suspension from Fastweb of Chief Executive Stefano Parisi and Chief Operating Officer Alberto Calcagno, they said.

‘Pretty’ dental hygienist named as Berlusconi party’s regional councillor

London, Mar 31 (ANI): Former TV showgirl Nicole Minetti, the oral hygienist who put the smile back on Italian Premier Silvio Berlusconi”s face after he was assaulted in Milan last year, has been picked as a regional councillor for his party.

The 25-year-old was named as one of eight candidates on a “closed list” last month for the Lombardy region – despite having no political experience, reports The Daily Express.

It was presented by Berlusconi’s People of Freedom Party.

Minetti’s region includes Milan, the city where Berlusconi was hit in the mouth in December by a statue thrown at him during a political rally.

She had remained silent in the run-up to the polls, only speaking out when pictures of her wearing a gold bikini emerged in newspapers in Italy.

She said: “I do wish people would stop printing pictures of me when I was on TV. I was just doing some extra work to pay my way through university. I am ready. I have done my homework and I feel that I am qualified and up to the job.”

Minetti added: “I signed up to the People of Freedom Party about a year ago. I began to have a sympathy for them because I was attracted by Berlusconi’s charisma. I do admire him.” (ANI)

French star Remy wants to join Arsenal

London, Mar 25(ANI): Nice FC striker Loic Remy has called on Arsenal manager Arsene Wenger to make a fresh bid for him when the next transfer window opens this summer.

Wenger had earlier failed to sign the 11million pound-rated Nice striker in January.

“Arsenal are the club I want to join. I won”t deny they are my priority. They are a young, ambitious side and I love to watch them play,” The Sun quoted Remy, as saying.

“It is the ideal place for me. I spoke with Thierry about them and asked him lots of questions about life there. That is because I have been an Arsenal fan since I was little. I was not disappointed with what he told me,” he added.

He is a former France under-21 international and currently plays for the senior team having earned his first cap in June 2009 against Nigeria.

Remy has also drawn interest from several clubs, which include Italian clubs A.C. Milan and Fiorentina.

He has also been linked with a return to Lyon and a move to Bordeaux. (ANI)

‘Superman’ Berlusconi can’t be felled by kryptonite

London, March 17 (ANI): Silvio Berlusconi has again indulged himself with self-praise – his publishing company has now unveiled a book that lauds the Italian Premier as ”Superman”.

The book titled “Love always wins over envy and hatred” has been released by Berlusconi’s firm Mondadori, ahead of the crucial regional elections at the end of March.

The cover photograph shows Berlusconi looking much younger than his 73 years, while the book includes some of the 50,000 messages Italians sent him after a mentally ill man hurled a souvenir statuette at his face in Milan last December, breaking his nose and knocking off his two teeth.

Talking about the PM, the book quotes a supporter as saying: “Even with kryptonite they couldn”t knock you down!”

“We are all with you, great Silvio. You are the engine of our country,” the Telegraph quoted a woman identified as Eleonora, as saying.

A man said: “On seeing you covered in blood, my wife grabbed her hair and sobbed as she yelled ”My Madonna, save Silvio!”” (ANI)

David Beckham, actor James Corden get ‘naked’ for a bubble bath!

London, Mar 17 (ANI): English footballer David Beckham was pictured sharing a bubble bath with actor James Corden.

Beckham, 34, stripped off in a hilarious sketch for the BBC’s Sport Relief, which was filmed in Milan several weeks ago before he tore his left Achilles.

“It is undoubtedly the single funniest scene ever filmed for Sport Relief or Comic Relief,” the Mirror quoted a source as saying.

“David and James, who was playing his alter-ego Smithy, got on famously and really sparked off one another. In the three-minute scene, the pair share a romantic candle-lit bath for no other reason than they want to.

“David even gives James’s body an appreciative nod at one point. Forget comedy gold – this is comedy platinum,” the source added. (ANI)

‘Berlusconi will have to resign if immunity law overturned’

Rome, Sep. 18 (ANI): Italian Prime Minister Silvio Berlusconi would be forced to resign if laws providing him immunity are overturned by the Constitutional Court next month, his lawyers have admitted.

“If the Constitutional Court, which begins its deliberations on October 6, overturns the law there would be damage to the functions of an elected official, which could not be carried out”, Times Online quoted Glauco Nori, a state lawyer for the prime minister’s office, as saying.

The move could cause “irreparable damage” and lead to the Prime Minister’s resignation, he added.

After coming to power for the third time in 2008, Berlusconi pushed the law through Parliament, which gives immunity to the offices of Prime Minister, President and the Speakers of both houses of parliament from court trials, which was dubbed

As being “tailor-made” to shield Berlusconi from corruption charges, by the opposition, the report said.

At the time when legislation was passed, Berlusconi was being prosecuted for allegedly giving a 600,000-dollar bribe to British lawyer David Mills to provide false testimony on his behalf in corruption trials in the 1990s, it added.

Berlusconi’s trial was suspended but Mills was sentenced to 41/2 years in jail.

According to the report, the Milan prosecutor’s office had recently submitted its own memorandum to the court, challenging the immunity law as violating the principle that all citizens are equal before the law.

If the immunity law is struck off next month, corruption charges against Berlusconi are likely to be revived.

According to reports, magistrates in Milan and Palermo are also investigating Berlusconi’s suspected links to the Mafia in the 1990s. (ANI)

England job will be my last, says Capello

London, Sep.17 (ANI): Fabio Capello has said that managing England will be his last job – and he never wants to coach his native Italy.

“The England team will be the last football side I coach. Would I coach the Italian national side? No, it simply does not interest me. I wear the England shirt,” The Sun quoted him, as saying.

Capello is working on a master plan which he believes will turn England into World Cup winners.

Capello has an excellent working relationship with all the Premier League managers where player fitness is concerned, but will speak to them all individually before the tournament.

He is acutely aware of Sven Goran Eriksson”s antagonism of the top bosses, including Sir Alex Ferguson, in the build-up to previous finals and will not implement physiology tests during the season.

Capello said: “The most important thing when you go to the World Cup is the physical condition of the players, to have the best ones fit. It”s also important to keep their feet on the floor. It”s a long way to the final.

“We have to go step by step and forget what was done before. We have won eight games, but it”s nothing.”

Even though Beckham plays an increasingly marginal role in the England team, the LA Galaxy midfielder remains central to Capello”s plans.

He is convinced his attitude around the squad is an example to every player. Beckham, 35, travels halfway around the world to join up with the squad and his commitment will be rewarded.

The Italian was impressed with Beckham”s performance, especially with his ability to retain possession, in the 2-2 draw with Holland last month. He will also sign for Milan again on loan in January to help get to his fourth tournament.

Owen is unlikely to be there alongside him. The Manchester United forward has not played for his country since the 1-0 defeat against France last March.

Capello will continue to monitor his progress at United, but he is planning for a World Cup without him.

The aim has always been to create a squad that was tough to break into and that has been done by creating a winning mentality. (ANI)

Conditions right for Chelsea to try for Champions League glory: Ancelotti

London, Sep 14(ANI): Chelsea manager Carlo Ancelotti reckons that Chelsea will have Champions League glory this season, saying that they are ready to claim the only major championship which they have been missing by a whisker for the past six years.

“Chelsea have been in the semi-finals most in the last six years. They haven’t won it, but they have come very close. Two years ago, they were one penalty away from winning it. Now the conditions are right for us to try again,” The Sun quoted Ancelotti, as saying.

The 50-year-old further shrugged off a failed attempt to sign Milan midfielder Andrea Pirlo, and said: “We have players to fulfill that role. We’ve tried John Obi Mikel, Michael Essien and Deco. Pirlo can’t play like Mikel and Mikel can’t play like Pirlo.” (ANI)

Boxer Vijender Singh returns home

New Delhi, Sep 14 (ANI): Boxer Vijender Singh, who has won a bronze medal for the first time in the World Boxing Championship, returned to New Delhi on Sunday night.

Vijender made India proud at the World Boxing Championships in Milan on Wednesday by winning a bronze medal. He is the first Indian to win a bronze in the World Championships.

He had defeated Derevyanchenko Sergiy of Ukraine by 12-4 in quarterfinal round but lost to Attoev Abbos by 3-7 in the semi-final round of the 75-kilogram category.

Atoev had earlier lost to Vijender in the Asian Boxing Championship.

Vijender was given a warm welcome in the Indira Gandhi International Airport. Hordes of people gathered outside the airport to take a glimpse of the boxer.

The boxer was euphoric to see such a huge amount of crowd waiting to welcome him.

“It was a wonderful experience and I am quite elated to see such a grand welcome for me. It shows India has many people who love boxing. It feels nice to see that and win the medal,” said Vijender Singh.

Meanwhile, coach G S Sandhu proudly walked with his boxing champs claiming that boxing has started creating history from last year.

“Boxing is creating a history from last year starting from Olympics to Asian Boxing Championship and now in World Boxing Championship,” said G.S Sandhu. (ANI)

Vijender to exchange punches with Atoev in World Boxing semi finals today

Milan (Italy), Sep 11 (ANI): Beijing Olympics bronze medallist boxer Vijender Singh will exchange punches with Abbos Atoev, in the semi-finals of the middle weight category of the World Boxing Championship, here on Friday night.

Singh is the first Indian to appear in the semi finals of the World Boxing Championships.

Currently ranked number two Singh punched out Sergiy Derevyanchenko of Ukraine, 12-4 on Thursday to ensure a medal for the country in the prestigious event.

Atoev is currently the light heavy weight world champion, but returned to the middle weight category this year.

National boxing coach Gurbaksh Singh Sandhu said, Vijender hardly loses his cool and seems in control. (ANI)

Statins may help treat ‘female sexual dysfunction’

London, Sept 9 (ANI): Cholesterol-lowering wonder drugs known as statins may help treat female sexual dysfunction (FSD), according to a new study.

Raised cholesterol levels, or hyperlipidemia, have been linked to erectile dysfunction in men, as the build-up of fats in blood vessel walls can reduce blood flow to erectile tissue.

Since some aspects of female sexual arousal also rely on increased blood flow to the genitals, Katherine Esposito and her colleagues at the Second University of Naples in Italy compared sexual function in premenopausal women with and without hyperlipidemia, reports New Scientist.

In the study, researchers found that females with hyperlipidemia reported significantly lower arousal, orgasm, lubrication, and sexual satisfaction scores than women with normal blood lipid profiles.

And 32 per cent of the women with abnormal profiles scored low enough on a scale of female sexual function to be diagnosed with FDS, compared with 9 per cent of women without normal levels. However, women’s sexual desire was not affected by hyperlipidemia.

In another research, Annamaria Veronelli at the University of Milan, Italy, and her colleagues found that female sexual dysfunction was also associated with diabetes, obesity and an underactive thyroid gland.

“These two papers suggest that there are strong connections between women’s sexual arousal and organic diseases in the same way that men’s sexual problems arise,” says Geoffrey Hackett, a urologist at the Holly Cottage Clinic in Fisherwick, UK.

“This is currently not even considered in women,” the expert added.

The study has been published in the Journal of Sexual Medicine. (ANI)

Beckham opens door for Premier League return

London, Sep.8 (ANI): England football star David Beckham will win his 114th England cap tomorrow night if introduced during the World Cup qualifier with Croatia at Wembley, but is looking forward to his short sting with A C Milan and is also open to a Premier League offer to remain at the forefront of Fabio Capello’s plans for South Africa 2010.

“I have got plans. I will finish the MLS season. After that, everybody knows that I’ll be coming back to play somewhere. LA Galaxy know that. If it upsets a few people, I can’t do anything about it,” The Independent quoted Beckham, as saying.

“Milan have made me aware that they want me to go back there and I’m more than happy with that. But I have also had another three or four offers, so when the time is right, I will decide,” he added.

The prospect of Beckham being back in the Premier League, even if he will have turned 35 by that point, is an appealing one, especially as for all his platitudes for LA Galaxy, a section of the club’s support have turned against him.

By then he could have become the first England player to have appeared at four World Cup finals. (ANI)

Alonso reveals real reason behind his decision to quit Liverpool

London, Sep 3 (ANI): Spanish midfielder Xabi Alonso, who knew that his time at Liverpool was up a year ago, has now revealed the full details behind a dramatic 28 million pounds Anfield exit.

Alonso admits the decision to skip a Champions League match for the birth of his son almost three years ago caused a rift with manager Liverpool boss Rafa Benitez.

And the midfielder admits he found it hard to accept being classed as a cash cow when Benitez tried to sell him a year ago, The Sun reports.

Alonso, 27, is now one of the next generation of Real Madrid ‘Galacticos’ after his switch last month. But only now has he spoken out about his relationship with fellow Spaniard Benitez – and the joy of feeling wanted at Real.

“It was a tough call and a very difficult decision to make after five years at the club. I have always said that it has been a professional relationship. I have always tried to do what he asked me to do, to try to deliver on the pitch, to do the talking on the pitch,” he said.

Benitez made no secret of wanting to bring Gareth Barry to the club from Aston Villa last year.

Alonso was identified as the valuable asset to fund the move. The deal did not materialise and Barry ended up joining Manchester City in the most recent transfer window.

“Last summer when the club proposed I had to be sold to get funds to sign new players. It was difficult to accept that. I accept it as a professional but that moment probably changed my mind – and I thought, maybe, from that moment it was maybe time for a change,” Alonso said.

Benitez did little to disguise his displeasure with playmaker Alonso when he opted out of a Champions League last-16 second leg at Inter Milan with Liverpool leading 2-0 to be with his pregnant wife.

Alonso said: “When the birth of my child happened, I had to make a decision. I had to be with my family as it was a very important moment.” (ANI)

Noel Gallagher quits Oasis

London, Aug 29 (ANI): Noel Gallagher has quit rock band Oasis following differences with frontman and brother Liam.

“It’s with some sadness and great relief to tell you that I quit Oasis tonight,” the BBC News quoted him as stating on the band’s website.

He said: “People will write and say what they like, but I simply could not go on working with Liam a day longer.”

The guitarist apologized to fans waiting for the band to perform in near future.

He added: “Apologies to all the people who bought tickets for the shows in Paris, Konstanz and Milan.”

Before the announcement came, the band had pulled out of second concert in the space of a week.

They were scheduled to play at the Rock en Seine festival in Paris, but to the shock of their fans, screens at either side of the stage showed the message “as a result of an altercation within the band, the Oasis gig has been cancelled”.

Hamish McBain, from music magazine New Musical Express, believes that it really must be the end of Oasis.

He said: “The relationship between Noel and Liam has been frosty over the last tour, to say the least, but it’s been frosty before.

“Noel has left tours before, Liam’s not showed up for gigs before, and they’ve carried on. But this, certainly the way Noel’s presented it on the Oasis website, it does feel like it has a degree of finality to it.”

Meanwhile, Oasis diehards are finding it difficult to come to terms with it.

A band follower named Wolvolass said: “I feel sick, sooo many good memories and gigs seeing Oasis over the years.”

Another fan MattGriffin added: “This is the worst day ever.”

Oasis was formed in Manchester in 1991and were originally known as The Rain.

They have a great track record with eight UK number-one singles, 15 NME Awards, five BRIT Awards, nine Q Awards and four MTV Europe Music Awards. (ANI)

Deco dreams of Chelsea’s Euro glory

London, Aug.28 (ANI): Portuguese star Deco reckons Chelsea is in perfect shape to become European champions.

He is insisting that coach Carlo Ancelotti has a squad capable of playing any system the manager wants.

The Blues have switched between a diamond formation at home and a 4-3-2-1 system on their travels.

The Sun quoted Deco, 32, as saying: “We know Carlo played this diamond system in Milan many years and we have good players to play in this system. We have great midfielders and this system gives the option to play well.” (ANI)

Sikkim boy spreads awareness on social issues with motorbike stunts

Gayshing (Sikkim), Aug.27 (ANI): In a unique act, a 21-year-old man in Sikkim is spreading social awareness among youth against drug addiction, excessive drinking and on AIDS by performing various stunts on motorbike.

Milan Pradhan, stunt rider, fascinates large number of crowds as he performs various formidable stunts on motorbike.

All the time Pradhan is riding, popping wheelies or sometimes burning rubber.

He performed recently in Gayshing town of Sikkim with another stunt rider.

“I want to give the message to young boys that by doing stunts you can earn a very good name and ensure a bright future. You will get busy in some work. You will forget about drugs once you are busy. By sitting in a room and taking drugs will not achieve spoil your name but stunts will make your future,” says Milan Pradhan, stunt rider.

He says the young boys love motorcycling and if they could be drawn into stunt riding which needs a high level of fitness and concentration, it will keep youngsters busy in a constructive way and they will have less chances of getting into drug habits.

Pradhan is a college student. He devotes most of his time learning new motorbike driving skills in style, when he is not attending classes or doing assignments.

He tells that he started trying stunt-riding when he was in his early teenage. The family was hesitant to allow him try hand on motorbike stunts.

But Pradhan managed to convince them by showing his daredevil spirit, which helped him keep away from attracted to drugs.

His love for performing tricks on motorbike has led him to appear for the MTV ‘Stuntmania’ and now he wants to pursue stunt biking to a greater level.

Organisers of the event said that generally the youth are interested in fast life, which sometimes can trap them into drug-addiction and anti-social activities. Motorcycle race or stunt riding can give them alternatives that match with their fast life but in a positive way.

“Biking goes very well with the present-day youth. The youth are very interested in fast cars, fast bikes. And with the fast life comes the very possibility of getting drawn to drug addiction, alcoholism and also the fear of AIDS. So with the youth coming and watching such programmes… we want to motivate them towards like diverting their lifestyle or mind to constructive things,” said Anand, organiser of the bike stunt show.

Organisers say such events will go a long way in attracting the youth to stunts and thereby indirectly diverting their minds from drugs and alcoholism.

Sikkim is located in the foothills of the Himalayas and shares international borders with Nepal, Bhutan and Tibet. The northeastern belt, including Sikkim, has recently become a favourite transit point used by drug peddlers for smuggling drugs.

The unofficial data shows that use of alcohol has traditionally been prevalent among the local people. The state government has been running campaigns to create awareness on drugs and associated HIV/AIDS.

Alcohol use is traditionally prevalent in Sikkim and National Family Health Survey-2, Government of India, shows a significant prevalence of alcohol use in Sikkim- Boys (32%) and Girls (17%) among above 15 years of age. By Tashi Pradhan (ANI)