The acquisition of IT firm Amor Group was recently announced by Lockheed Martin Group for an undisclosed amount.
Deals
Report foresees banks exiting wealth management units in Asia
France-based Societe Generale was the third major bank seeking to sell its private wealth arm in Asia in the last five years.
3i bids for remaining stake in Scandlines
Private equity firm 3i made an offer for the stake it does not yet own in Scandlines. Private equity investment firm 3i made a bid to acquire the shares it does not yet own in ferry group Scandlines.
Lockheed Martin sees more acquisitions after Amor Group
US defense contractor Lockheed Martin said it was looking to make more acquisitions after its purchase of IT firm Amor Group.
Melody Capital Partners eats risk for breakfast
As risk is shunned by regular banks, Melody Capital Partners takes on risk to expand its business. After the announcement by UBS AG of its closure of its fixed-income trading business last OCtober, three executives of the bank had opened up shop to trade in areas where bigger banks have since refused to tread.
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KPN's negotiations with America Movil regarding the EUR7.2 billion or USD9.58 million bid remained to be over.
Sources told Reuters that electronics maker Sharp Corp. would be raising USD1.7 billion to keep itself afloat until the end of the business year in March next year.
EU submits a list of proposals aimed to improve the EU telecommunications industry. In its newest attempt to overhaul the European Union's telecommunications industry, a proposal to place a price cap on cross border phone calls in Europe was made.
UltraTech had agreed to buy Gujarat cement plants from Jaypee Cement Corp. valued at INR3.8 billion.
Britain's Royal Mail had received GBP1.4 billion in credit facilities according to a Sky News Report on Tuesday.
For USD200 million, TradeWeb would be acquiring BondDesk. Tradeweb, the fixed income trading platform provider is deep in discussion for the buyout of BondDesk Group LLC.
The rates for the loans engaged by Verizon Communications to pay off the 45% Vodafone ownership in the Wireless venture was recently released.
World Point Terminals announced today that the underwriters for its recently closed IPO had exercised their underwriting options to purchase additional 1,312,500 common stock.
Telefonica is reviewing proposals to assist Telefonica Italia shareholders unload their shares, among other options as the company moves forward.
