Archives

Optus Satellite to be Bidded Out

Optus Satellite is being sold in an auction by owner SingTel to raise funds for its other corporate endeavors.


National Security Agreement Forged for Sprint-Softbank Deal

An agreement addressing national security concerns was entered into between Sprint Nextel, Softbank and the US government.

China Everbright Bank Prepares IPO

China Everbright Bank is currently preparing for an IPO in the Hong Kong Stock Exchange. China Everbright Bank Co, the Shanghai bourse listed firm, has filed an application for a Hong Kong share IPO sale with a volume worth US$2 billion.

Lenta Planning on IPO

Lenta is said to be planning an IPO at the London bourse as early as the fourth quarter of this year.


Latest News

FNF to purchase LFS for US$2.9 billion in cash and stock. Fidelity National Financial Inc, the US title insurer, in an announcement said that it would be purchasing Lender Processing Services Inc.
ugichem GmbH announces it has raised Eur2.25 funding round. The developer of an original antisense drug system, ugichem GmbH, has announced that it has raised Eur2.
StickyADS.tv lands Eur3.1 million B round of funding. Launched bank in 2009, StickyADS. tv is one of the leading video ad networks and ad exchange platform comprising of over 200 publishers.
Quill's CEO and founder announces GBP1 million funding round. In an announcement, Ed Bussey said that it had closed GBP1 million as investment in Quill.
Britain's Crown Estate enters into a joint venture agreement with Canada's Oxford Properties for the redevelopment of the St James district.
Kazakhmys sells off MKM to an undisclosed buyer. Kazakhmys, the copper mining firm from Kazakhstan, announced last Tuesday that it had sold MKM, its semi-finished copper products business in Germany.
TECO Energy and Continental Energy agrees to purchase New Mexico Gas Co. In an announcement, TECO Energy Inc had said it had entered into a stock purchase agreement with Continental Energy Systems LLC and its unit, New Mexico Gas Intermediate Inc.
Hedge fund group is seeking to break up Kleinwort Benson for poor performance and 'erratic' management strategy.
AstraZeneca acquires Omthera's fish oil derived pharmaceutical line. In an announcement, AstraZeneca would be acquiring Omthera Pharmaceuticals for the price of US$443 million to boost its cardiovascular drug business.
Azul Linhas Aereas is planning a share sale to raise funds to purchase new planes. Azul Linhas Aereas, the third largest airline of Brazil, is planning to raise 1.