Deals
R Hotel plans expansion for the year
R Hotel's investment plan is to expand its hotel line from three to six with an AED1.5 billion investment.
India Infoline Finance raises INR900 million through NCD issue
India Infoline Finance Ltd. said today that it had raised INR900 million through a public issuance of secured redeemable non-covertible debentures (NCD).
Senaat to do IPO
Senaat, because of surging stock values, had engaged the services of banks to run its IPO. Senaat, Abu Dhabi holdings firm, owns companies such as National Petroleum Construction Co, has engaged the services of HSBC Holdings Plc and JP Morgan Chase & Co for a share sale.
Aegis seeking 'tuck-ins' as acquisitions
Aegis is looking at Asia, Europe and South America for possible acquisitions called 'tuck-ins'.
Latest News
India's private equity deals earned USD924 million for August 2013. Nearly 36 private equity deals with a volume of USD924 million were completed in August.
Mike Lazaridis, one of the founders of BlackBerry, sought Carlyle's decision on a possible bid for the smartphone maker.
The partnership between Tata and Singapore Airlines could be a major game changer in the aviation industry where both firms invested USD100 million.
According to a report from Il Secolo XIX newspaper on Saturday while citing sources, Italy's Finmeccanica asked state owned Cassa Depositi e Prestiti to make an acquisition offer to buy the defense group's energy company.
In a bid to comply with the 2010 Brazilian oil law, the government has sought ways to provide assistance for Petrobras to comply with requirements.
In a move designed to avoid default, ThyssenKrupp was able to receive an extension of its credit lines from banks before its planned share sale.
Focus magazine reported that Deutsche Telekom would still choose a buyer for its online classified advertising business, Scout24.
Mykola Azarov, the Ukranian PM, assured Russia that the EU agreements are no threat to Russia. The prime minister of the Ukraine reached out to Russia to allay fears as to Kiev's plans of signing a free trade agreement with the European Union.
Yves Mersch, ECB board member, projected the completion of the staff complement for the regulatory authority by late 2014.
In a bid to cut overall costs, RWE had laid out plans to sell off assets to financial investors as well as cut down on its employee headcount.