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Wumart Stores wants to purchase CP Lotus outlets- source

Wumart Stores was said to be in discussions with CP Lotus to buy the latter's units, according to a source who told Bloomberg.


Capitol Bancorp inks deal to sell stock of consolidated entities to Talmer Bancorp

Capitol Bancorp has signed an agreement with Talmer Bancorp for the sale of the common stock of Capitol's consolidated entities.

Grupo BTG Pactual obtains regulatory approval for Mexican outlet

Grupo BTG Pactual got regulatory approval to open a broker-dealer unit in Mexico. Brazil-based Grupo BTG Pactual received approval on Monday from regulatory authorities to establish a new broker dealer operation in Mexico.

Citigroup, State Street puts measures in place for potential US government debt default- report

A Wall Street Journal report said that Citigroup and State Street were already preparing for a possible debt default by the US government.


Latest News

Tokyo Gas said it would looking at majority stake purchases for mid-sized LNG projects in Southeast Asia or Africa to bring down import costs.
After purchasing stake from OdontoPrev's CEO Luiz Zanetti, Banco Bradesco took full control of the dental care services firm.
Private equity firm KKR injected USD 300 million to First Data's balance sheets to help it refinance its debt.
Private equity companies were the reason for the frozen yogurt shop explosion in the US, according to a CNBC report.
Savient Pharmaceuticals filed for bankruptcy protection and court approval to sell assets to a US WorldMeds unit.
A snow storm in South Dakota killed thousands of cattle and caused tens of millions in losses. A sudden storm that came earlier than winter decimated thousands of cattle in South Dakota.
JPMorgan had valued notes at USD0.95 to the dollar, to be offered for the first time since January 2010.
VEBA Trust pegs shareholdings at USD3.6 billion. The healthcare trust affiliated with the United Auto Workers union had finally placed a price tag on the worth of its shares in Chrysler Group.
Even for just trying to get a deal done, US stocks rebounded with modest gains after a day of volatility.
With the latest mishaps besetting Southeast Asia's oldest light railway transit system, bidding for its upgrade and improvements have resulted in one remaining bidder.