A Finnish state fund had reduced its stake in telecoms group TeliaSonera by 10% and said to sell 68 millions shares of common stock.
Deals
Cathay opposes Qantas' HK budget carrier venture
Cathay Pacific Airways Ltd. released an exchange statement today, voicing out its opposition against Qantas Airways Ltd. (QAN)'s Hong Kong budget carrier venture with China Eastern Airlines Corp. and gambling tycoom Stanley Ho.
Silicor Materials receives USD6 million infusion
The Hudson Clean Energy Partners had invested USD6 million to Siicor Materials for the latter's expansion plans.
TruckPro acquires CCI Corp through CIT Bank financing
The CIT Group's subsidiary CIT Bank provided financing assistance for TruckPro in its acquisition of CCI Corp.
Agilent Technologies signs agreement to acquire assets from ABCIA
Agilent Technologies Inc. announced that it had agreed to an acquisition deal for some assets in ABC Instrumentación Analítica (ABCIA).
Latest News
Pexco LLC announced to buy Spectrum Minnesota, an injection molder of advanced thermoplastics operator.
Bank of America said it would sell its 2 billion shares in China Construction Bank Corp. Bank of America Corp had expected to end an eight year investment in China Construction Bank Corp.
iZotope Inc received USD12 million from ABS Capital Partners. One of the leading audio technology company announced a USD12 million investment from ABS Capital Partners.
Tech and media site AllThingsD reported that Answers.com bought Easy2 Technologies for less than USD20 million.
The acquisition of Hawaiian Beach Rentals and Vacation Rental Agent by VacationRoost Group expands the client services available to the public.
China Merchants Bank Co. announced that it had raised USD27.5 billion listed on the Shanghai Stock Exchange.
Europe's biggest bank, HSBC Holdings Plc, said it had appointed Florian Fautz to be its global head for mergers and acquisitions.
New policies are being instituted to make 'shadow banking' safer for market players, according to the European Union.
Bridgepoint Advisers Ltd. announced it hired Goldman Sachs for the sale of its Dutch textbook firm asset.
