Maintenance, repair and overhaul firm Ascent Aviation Services Corporation receives capital infusion from private equity firm LongVue Capital.
Deals
JPMorgan would issue two year notes for the first time since January 2010
JPMorgan had valued notes at USD0.95 to the dollar, to be offered for the first time since January 2010.
VEBA pegs Chrysler stake at USD3.6 billion
VEBA Trust pegs shareholdings at USD3.6 billion. The healthcare trust affiliated with the United Auto Workers union had finally placed a price tag on the worth of its shares in Chrysler Group.
LRT bidding down to one
With the latest mishaps besetting Southeast Asia's oldest light railway transit system, bidding for its upgrade and improvements have resulted in one remaining bidder.
WPP Plc expands into China
WPP Plc expands into China with its acquisition of IM2.0. The world's biggest advertising company, WPP Plc, is expanding its network to China through the purchase of a digital advertising agency.
Latest News
KKR purchases Mitchell International from Aurora Capital for an undisclosed amount. Aurora Capital is a private equity firm managing over USD2 billion of assets based out of Los Angeles.
Shareholders of GSW are being convinced to accept the Deutsche Wohnen offered bid. In a letter to its clients, GSW immobilien AG had recommended the acceptance of the EUR1.
In order to block the bid of Sinochem, OVL and Shell filed notice of purchase on the USD1.543 billion oil block interest from Petrobras.
TCS, a credit card business company in Russia, set its IPO price at USD14 to USD17.50 per share piece.
Industry observers believed that USPS would be able to achieve success similar to Royal Mail should the former would be listed on the stock exchange.
If the US fails to pass legislation to increase the debt limit, then the global economic system would be tremendously affected.
Frontier Beverage Company Inc announced today that it had completed its acquisition of holding company 22 Social Club Productions Inc and its subsidiaries Blue 22 Entertainment and AppQwest LLC
Investors might not had been receptive of Facebook Inc's acquisition of Israeli mobile data analytics firm Onavo as stocks of the social media fell 1.5% in pre-market trading today.
Sources told Bloomberg that Telefonica was preparing to sell the 69% stake it holds in Telefonica Czech Republic.
