A Philippine regulator said that the bidding for the LRT Line 1 Cavite extension project had failed.
Deals
EU will approve Nynas's Royal Dutch Shell deal - source
A source told Reuters that the European Union Commission will approve Swedish oil refiner Nynas and Royal Dutch Shell's deal despite antitrust concerns.
Vodafone Ventures Egypts takes 22.22% stake in Agzakhana.com via venture capital
For a Round-A venture capital investment, Vodafone Ventures Egypt would be taking a 22.22% stake in online pharmacy Agzakhana.com.
Retention Science scores over USD 750,000 in additional funds from Forerunner Ventures
California-based Retention Science got more than USD 750,000 from Forerunner Ventures, an early-stage venture capital firm.
Alliance Global Group acquires Touch Solutions for backdoor listing of liquor unit
Alliance Global Group acquired Touch Solutions to facilitate the backdoor listing of its liquor unit.
Latest News
Tanzania's National Development Corporation signed a joint venture agreement with Nava Bharat of Singapore for an oil palm farm and processing facility.
Geneva-based biopharmaceutical company ObsEva announced that it was able to raise CHF 32 million for its Series A round.
Vodafone Group released a statement saying that there is “no certainty that an agreement will be reached.”
State-owned Mubadala Development Co and Amsterdam-based Trafigura Beheer submitted joint bids for Eike Batista's MMX Mineracao & Metalicos.
Wesfarmers Ltd was able to gather AUD 304 million through a lease securitization deal with a special purpose entity.
RHJ International had said that Germany's banking regulator would probably give its decision on its planned acquisition of BHF-Bank by September's end.
Carrefour posted improved profits in the first half of 2013 despite discontinuing a number of operations.
Founders of ENRC announced that investors had already accepted up to 94.5% of its buyout offer. Founders of the Eurasian Natural Resources Corporation (ENRC) announced that investors had already accepted 94.
Playtech said it intended to spend more than EUR 600 million for acquisitions to capitalize on the increased use of mobile devices for online betting.
