Sources told Bloomberg that Telefonica was preparing to sell the 69% stake it holds in Telefonica Czech Republic.
Deals
OVL and Shell exercise pre-emption right over Petrobras oil block
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.
Russia's Tinkoff Credit firm announces IPO
TCS, a credit card business company in Russia, set its IPO price at USD14 to USD17.50 per share piece.
US Postal Service IPO not a daft idea - observers
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.
WB President says US 'days away' from a 'very dangerous moment'
If the US fails to pass legislation to increase the debt limit, then the global economic system would be tremendously affected.
Latest News
Baird Capital's portfolio firm MedPlast had bought Orthoplastics together with co-investors JZ Capital Partners and River Cities Capital Funds.
Palatine Private Equity had purchased a GBP 16 million minority stake in Bolton-based Forrest. UK-based investment firm Palatine Private Equity bought a GBP 16 million minority stake in social housing contractor Forrest.
TRAFI, a Lithuanian Journey planner startup, received a USD500,000 in investment capital from Practica Capital to expand into key markets unexplored by big players like Google Maps.
New York-based 21st Century Fox signed a deal to air German soccer to viewers in 80 countries around the world.
The Indian government would be investing INR 110 billion for the improvement of the water supply infrastructure in its villages.
Job outsourcing marketplace Freelancer.com had filed for a public listing on the Australian Stock Exchange, according to the company's announcement today.
A flurry of pension fund buyouts was projected to happen in the next succeeding years, according to industry analysts.
The lenders fighting over the titles owned by the Deccan Chronicle would be in dispute. The creditors of Deccan Chronicle Holdings unable to recover dues worth more than INR5,000 crore because of a dispute over the publishing titles.
Analysts surveyed by Bloomberg said Clariant would gain CHF 320 million once it would divest its leather and detergent businesses.
