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HSBC Sells Billabong’s Syndicated Loan

Billabong lost HSBC Holdings Plc as a syndicated lender after the latter sold a portion of its loan to a specialized investment firm.


Nicaragua Canal Has Found Investors Says Chinese Billionaire

Billionaire Wang Jing of HKND Group said he has found global investors to fund the Nicaragua Canal construction.

Cerberus Plan to Increase Seibu Control Rejected by Shareholders

Cerberus planned to increase its stake in Seibu Holdings Inc. by recommending people to the company's board however shareholders rejected said plan.

ONGC and Oil India to Pay US$2.5 Billion for Mozambique Field Stake

State run oil and gas companies, ONGC and Oil India announced to pay US$2.5 billion for Mozambique field stake from Videovon Industries Ltd.


Latest News

Carrefour, the second largest retailer in Europe planned a sale on its China and Taiwan businesses. (Photo : Reuters)The image shows grocery carts from Carrefour.
Hospital chain Tenet Healthcare Corp said on Monday that it will purchase its smaller rival Vanguard Health Systems Inc.
On Monday, sources said that Apollo is in discussion with investment banks for the IPO of its gas and oil company, EP Energy LLC.
Meiji Yasuda Life Insurance of Japan is in the process of acquiring Thai Life Insurance Co at a deal priced at around US$700 million.
Demand Media, a content media owner acquired Society6 for US$94 million to be able to diversify its business into e-commerce.
The Intercontinental Exchange (ICE) was given unconditional approval to acquire NYSE Euronext for US$8.2 billion.
According to sources, Google voluntarily complied with the initial inquiry of the Federal Trade Commission on its Waze acquisition earlier this month although it has not yet reached a level of investigation
The world's biggest cement and concrete manufacturer is just around the corner of vending its North American gypsum unit to Lone Star for about $700 million, informants said.
Millennium had done four exits of companies it had invested in just for the first half of 2013. (Photo : Reuters)The image is the acquisition by Yahoo of Tumblr.
Crestwood Niobrara has entered into an agreement to purchase 50% of Jackalope Gas Gathering. Crestwood Midstream Parters LP had announced that its subsidiary, Crestwood Niobrara LLC had entered into an agreement for the acquisition a 50% interest in Jackalope Gas Gathering Services LLC.