Analysts said Rockwood Holdings Inc had poised itself to be an attractive takeover target as it had sold USD4 billion of its businesses this year.
Deals
Last quarter sales take a nosedive as Blackberry continues privatization plan
BlackBerry sales continued to plunge even as the company seeks a USD 4.7 billion privatization deal.
Startup MakeSpace gets USD 1.3 million from private equity firms
New York City startup MakeSpace launched with USD 1.3 million in venture funding. New York-based MakeSpace received USD 1. 3 million in private equity funding to launch its storage-on-demand enterprise.
Goldman Sachs Group, Danish pension funds nears close of Dong Energy stake acquisition- source
A source told Bloomberg that a unit of Goldman Sachs and two Denmark-based pension funds were close to purchasing a stake in Denmark utility Dong Energy.
Rejections of Alibaba IPO leads to renewed calls of HK market reforms
The South China Morning Post reported the rejection of the Alibaba IPO led to calls for market reforms in Hong Kong.
Latest News
The Fed Reserve's turnaround on tapering had opened better loan prospects for banks in India. IndusInd Bank is India's fourth largest private sector lender.
In a joint statement, Panasonic Healthcare Co would be sold to KKR & Co for JPY165 billion. According to a joint statement, a wholly owned subsidiary of KKR & Co would be buying the healthcare business of Panasonic Corp in a deal worth JPY165 billion.
In a seemingly peculiar move, JC Penney Co announced yesterday that it would be selling 84 million of its shares to generate cash after saying that the company was liquid enough by the end of its fiscal year.
The Asian Development Bank had allotted two loans for renewable energy and utilities projects in both eastern and western India.
In a bid to maximize benefit from high consumer demand, SABIC issues a five year dollar denominated bond projected to be worth USD1 billion.
The partnership structure proposal of Alibaba Group Holding Ltd got support from its shareholder Yahoo Inc.
Hong Kong's adherence to its rules may force the IPO of Alibaba to be done elsewhere. The largest shareholders of the Alibaba Group have backed the partnership structure proposed by the company that was the central issue of a debate as to the permission to list its shares in the bourse.
On Friday, the board of directors of Singapore-based and London-listed Archipelago Resources agreed to the privatization proposal of its major investor PT Rajawali Corporation valued at GBP338 million or USD541 million.
The British government said on Friday that the initial public offering of the nation's Royal Mail postal service would value the company at GBP3.3 billion or USD5.3 billion.
