BBA and DAE discuss merger possibilities. The world's largest producer of bases for business jets, BBA Aviation Plc was in discussion with Dubai Aerospace Enterprise Ltd, an aircraft leasing company, as to the combination of their business enterprises.
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J.C. Penney files prospectus for Ackman’s entire stake
Pershing Square Capital Management LP's CEO Bill Ackman had agreed with JC Penny Co. on the sale of his entire stake in the company.
BATS-Direct Edge merger catch up while stock trading declines
BATS Global Markets Inc. and Direct Edge Holdings LLC said that it would commence the merger last Monday.
Titagath Wagon decides not to pursue demerger plans
Titagarh Wagons Ltd. had decided to no longer push its demerger plans amid the sluggish order flows for wagons in the market.
Chinese landmark copper deal with Afghanistan at risk
An acquisition deal for a Chinese copper landmark had been placed at risk after the USD3 billion agreement was reviewed.
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ING Groep NV had sold its South Korean insurance unit for USD1.7 billion to MBK Partners Ltd. MBK Partners Ltd. is an Asian buyout company which was formed by ex-Carlyle Group executives.
Uralkali CEO Vladislav Baumgertner was held in custody after holding potash discussions in Belarus. OAO Uralkali Chief Executive Officer Vladislav Baumgertner was detained in Belarus.
Gold prices, after a previous period of decline, is now on the rise, recently topping the USD1,400 level.
Muriel Siebert, the first woman to ever take a seat on the NYSE, succumbed to cancer complications and died at the age of 80.
India's ONGC Videsh said it would increase its overseas debt to fund a USD2.64 acquisition. ONGC Videsh Ltd. is a state-backed energy explorer in India.
America Movil had announced today its support for the purchase of E-Plus, Telefonica's German unit.
After the fall of Lehman Brothers, Morgan Stanley retained its reputation as a law-abiding investment bank.
Acquia Inc. hired a new chief financial officer before it would start discussions with banks for an IPO.
Carlos Slim gives support to Telefonica's buyout of Royal KPN NV. In a surprise move, Carlos Slim's America Movil SAB gave its 'irrevocable commitment' to vote in favor of KPN's E-Plus unit's sale to Telefonica Deutschland Holding AG.
