The size of the initial public offering of Tinkoff Credit Systems had been increased to USD1.25 billion, according to a financial market source.
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Abu Dhabi-Dubai bourse merger will form a market powerhouse - official
According to UAE Financial Markets Association President Mohammed Al Hashemi, the potential merger of the Dubai Financial Markets and Abu Dhabi Securities Exchange would create opportunities to boost investor capital in the United Arab Emirates.
Ultra Petroleum acquires Uinta Basin properties for USD650 million
In an announcement today, Ultra Petroleum Corp said it would be acquiring oil-producing properties that are located in the Colorado Plateaus province for company expansion.
AT&T gets US4.85 billion balance sheet anchor from largest wireless tower lot agreement Crown Castle
Crown Castle International Corp was set to own AT&T Inc's 600 wireless towers and be an exclusive operator of the US phone company's 9,100 other towers for a premium price of USD4.85 billion.
Bezos seen investing up to USD50 million on Web series like Betas to lure potential shoppers
In the midst of declining traditional TV viewership, Amazon had been seen attracting potential shoppers to watch its original content like Web series "Betas."
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Hutchison Whampoa would be considering a spinoff for its AS Watson Group unit after it failed to find a buyer for its ParknShop chain.
Douglas Holding said it was exclusively talking with Charterhouse Capital Partners to acquire France-based perfume maker Nocibe.
Woori Finance Holdings closed its preliminary bidding to privatize the largest financial company in South Korea.
French utility company Electricite de France (EDF) would be joining forces with Areva and two Chinese nuclear firms to build a nuclear power plant in the UK.
A Chamber of Mines report said with enough investment and stable mining policies, South Africa could compete with Russia for the recognition as the second largest platinum producer.
Chinese government think-tank Development Research Center had proposed a lift of the ban to sell bonds in order to reduce its local governments' USD4 trillion debt.
There would be no obstacle to the USD976 million all-stick consolidation of Office Depot and Office Max Inc as according to unnamed sources in a Wall Street Journal report, the Federal Trade Commission would be approving the merger.
A Bloomberg report revealed that Microsoft's acquisition of Nokia Oyj's handset business allowed the latter to purchase the wireless network equipment business of Alcatel-Lucent.
Paul Zahra would be leaving his job as the CEO of department store chain David Jones Ltd. Chief Executive Officer Paul Zahra of David Jones Ltd would be quitting his job in Australia's second-biggest listed department store David Jones Ltd.
