Deals
USD2.5 billion Apollo takeover awaits Cooper shareholder approval
A Reuters report said that the USD2.5 billion takeover proposal of Cooper Tire and Rubber Co by Apollo Tyres Ltd would be awaiting shareholder approval.
King.com set sights on US IPO
King.com confidentially filed an initial public offering following the much awaited debut of Twitter Inc's IPO, said a person familiar with the matter.
Tokyo Electric to receive USD5.9 billion financing
Creditors were poised to provide USD5.9 billion loans to Tokyo Electric Power Co. (Tepco), according to a Reuters report.
Twitter to make public filing this week: Quartz
According to news website Quartz, Twitter Inc. would make its IPO filing public this week and would probably start trading before the thanksgiving holiday on November 28.
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Lawrence Ho planned to invest more than USD5 billion in Japan once Melco Crown Entertainment obtains permission to establish a casino in the country.
According to a statement from NZ Finance Minister Bill English, nearly half of the IPO shares in Meridian Energy was already spoken for by New Zealand brokers.
The large volume IPO companies have helped the European IPO boom. The cheap valuations and the strengthening economies were the main factors that put investments to full work in Europe, resulting in a sixfold volume increase in the third quarter for initial public offers in the region.
In a move to provide a tax gain as well as capital gain, AXA spins off AXA PE, ceding majority control to an employee ownership group.
The US Securities and Exchange Commission has charged Mark Cuban of insider trading. Billionaire Mark Cuban is being hauled to court for insider trading.
The European Union had switched the burden to aid troubled banks from taxpayers to shareholders, big depositors and bondholders, said a Reuters report.
UK Prime Minister David Cameron flaunted his new housing plan at the start of his campaign for the 2015 elections last Sunday, said a Reuters report.
Greece international lenders had temporarily halted their latest bailout fund to Greece, according to a Reuters report.
Al-Futtain formalizes its agreement with the Oman Tourism Development Company and the Omani National Investment Funds Company for the new mall in Muscat.
According to Egypt's central bank governor, the country had received USD7 billion of Gulf aid out of the USD12 billion pledges from Gulf countries.