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Swiss Re in negotiations with Phoenix about Admin Re merger

Swiss Re announced that they are in preliminary talks with Phoenix Group Holdings for possible merger


US bond funds get US$219 million rebound last week

US fixed income mutual funds attracted deposits from investors that came from redemption rebounds after the Federal Reserve announced scaling back of its stimulus.

Technicolor gets refinancing from Tech Finance

Technicolor announced the completion of its refinancing transaction with Tech Finance Technicolor announced the successful completion of its refinancing transaction which allows them to borrow new funds at a lower interest rate.

Liberty Media wants stake in Bharti Airtel's DTH unit

Bharti discussed the sale of its Direct-to-Home unit to Liberty Media. Bharti Airtel is in discussions with American communications and media giant Liberty Media to put up for sale a stake in its unlisted Direct-to-Home line of business.


Latest News

India’s government held a meeting today with as many as eight banks as it weighed its options to sell the country’s debt abroad.
Pacific Potash engaged Ocean Capital's services to secure funds. Pacific Potash Corp. announced that it has engaged the services of Ocean Capital Inc.
Centrica's subsidiary,Direct Energy, has agreed to acquire Bounce Energy. Centrica PLC's subsidiary, Direct Energy, agreed to acquire Bounce Energy for US$46 million in cash.
WikiLeaks donations declined in the past 2 years. "Development of donations over the past two years has declined substantially and is no longer able to provide the earlier levels of support for the project," according to Wau Holland Foundation's annual report.
Jeff Sagansky and Harry Sloan announced plans for Silver Eagle Acquisition Corp.'s IPO. Jeff Sagansky and Harry Sloan, experienced show business executives, revealed plans to launch an initial public offering for Silver Eagle Acquisition Corp.
Highbridge's CEO Dubin decided to step down from his position. Highbridge Capital Management executive Glenn Dubin is stepping down as CEO but will remain chairman of the firm worth around US$30 billion, according to Dubin himself.
JPMorgan stated they would release 1st quarter report ahead of others. The nation's largest banks start their second-quarter earnings reporting season starting this week.
Aratana announced that they have granted the full exercise of over-allotment options to underwriters to purchase additional shares
CVRx secured a US$30 million deal from private equity firms for its expansion. A Minneapolis-based medical manufacturing firm, CVRx, Inc. , reported late Wednesday that it has sealed a US$29.
Asiatelco Technologies and Cluster Wireless announced their collaboration for new M2M middleware and software tools