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Maple Leaf Foods sells biodiesel biz for CAD 645 million
Maple Leaf Foods said it would be selling Rothsay, its rendering and biodiesel business, to Darling International for CAD 645 million.
Former SAC fund manager gets charged with insider trading
Ex-SAC Capital fund manager Mathew Martoma was charged with insider trading after having received tips from a source identified as "Doctor-2".
UK to launch Royal Mail IPO, to float next month
The UK government announced to float Royal Mail, a 360 year old postal service company, next month and launch initial public offering by October.
Barclays Bank Kenya finances Marriot Drilling's rig
Barclays Bank of Kenya signed a financing deal with the African unit of British oil explorer Marriott Drilling worth USD 13 million.
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Air strike exchanges between Israel Defense Forces (IDF) and the Palestinian Front for the Liberation of Palestine had hinted more violent exchanges.
KV Asia Capital raised USD 263 million for Fund I. Singapore-based private equity firm KV Asia Capital said that it was able to raise capital commitments worth USD 263 million for its first fund.
Harbert Management Corp announced that the interim closing of Harbert Power Fund V so far raised USD 200 million.
Extraordinary Chambers in the Courts of Cambodia (ECCC) was to receive USD4 million as part of the international donor component of its finances.
Qualcomm inked a definitive agreement to sell subsidiary Omnitracs Inc to Vista Equity Partners in a deal valued at USD 800 million.
Startup company Slice received USD23 million in Series B funding from Japan's Rakuten, among others.
Sources said Alibaba Group Holding would like to keep board control after its initial public offering in Hong Kong.
Rosneft CEO Igor Sechin bought company shares amounting to USD 5.5 million. The Chief Executive Officer of Rosneft acquired company shares worth USD 5.
Sources said that the most likely bidders for Panasonic’s healthcare unit are KKK, Toshiba Corp and a consortium led by Bain Capital.
The Iraqi oil minister said ExxonMobil would sell portions of its stakes to PetroChina and Pertamina.