The Stability Fund was created as part of the bailout package of UBS AG and now, it was time for the bank to pay back the fund under a given formula.
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Twitter's IPO drops 7.24% on second day
Micro-blogging site Twitter closed at USD41.65 today, dropping by 7.24% from its IPO debut. Social media site Twitter closed its second day of trading at USD41.
Symbion prepares for sale
Symbion, which was privatized in 2007, is preparing for its sale. Surgical facilities operator Symbion Inc, which was privatized back in 2007, is now up for sale.
Box, the data storage company, prepares for its own IPO
In preparation for its 2014 IPO, Box had appointed banks to manage the share sale and market debut. Another one of Silicon Valley's highly anticipated IPO issues is data storage company Box.
OSX Brasil SA's secured debt issue increases in value
Amidst rumors of a pending bankruptcy filing, secured bonds of OSX Brazil now trade at a two month high.
Latest News
Johnson Controls recently bought 90% of the stakes in battery maker MAC. Johnson Controls Inc. (JCI) announced its acquisition of a majority stake in battery company MAC, which conducts business across Central and South America, This was according to a report published by Journal Sentinel.
Macquarie Group Ltd said it would make a GBP500 million offer for Scottish Windows Investment Partnership, which was reported to receive a previous bid from deen Asset Management Plc.
Tech startup Tablo launched on crowdfunding site Indiegogo to raise funds for its new over-the-air DVR project.
Queensland Investment Corporation announced the sale of its toll road business Queensland Motorways for USD4 billion.
Standard & Poor's downgraded France's credit rating from AA+ to AA, citing President Francois Hollande's ineffective growth policies.
The following bids, mergers, acquisitions and disposals were reported on Friday. The following bids, mergers, acquisitions and disposals were reported on Friday:- Healthcare conglomerate Danaher Corp has teamed up with Blackstone Group LP BX.
Johannesburg-based Standard Bank said it would be selling its London-based trading unit to a yet-unconfirmed buyer.
German animal health product supplier Boehringer Ingelheim announced its intention to acquire poultry vaccine maker Lohmann Animal Health.
Leap wireless revealed that it had lost 196,000 customers as it was poised to merge with telecom giant AT&T.
