Malaysia's largest mobile phone operator has planned an IPO of its telecommunications tower assets.
Deals
Pritzker Family and TMS reach USD1 billion deal
Pritzker Family agreed to buy TMS International Corp. for USD1 billion. The Pritzker Family, one of America's wealthiest families, has agreed to purchase TMS International Corporation with an approximate USD1 billion cash deal.
US agreed on USD500 million Indonesia Apache deal
A military source told Reuters that the US had finally agreed on selling AH-64E Apache combat helicopters to the Indonesian army, and are still in talks to iron out the terms of the deal.
Baird Capital announces investment in Kedu Healthcare
Baird Capital recently announced its investment in China's Kedu Healthcare. In an announcement, Baird Capital said its China Growth Equity team had invested in one of the largest medical equipment service providers in China, namely Kedu Healthcare.
HUDCO plans raising INR12.5 billion
Reuters had seen a termsheet showing that HUDCO planned to raise INR12.5 billion through selling of tax-free bonds.
Latest News
Amgen acquires Onyx Pharmaceuticals for $10.4 billion. Declining sales of its flagship product pushed Amgen to a $10. 4 billion purchase of Onyx Pharmaceuticals, concluding the two-month-long auction of Onyx.
The State Bank of India announced that it had expected to receive a total of INR4 billion in recapitalization from the government.
Reliance Life announced to sell a 5% stake to private, public and cooperative banks. Reliance Life, a private insurer operating in India, said that it had planned to explore distribution tie-ups with a number of banks.
ONGC announced an acquisition deal for a 10% stake in Anadarko Corp priced USD2.6 billion. ONGC Videsh Ltd (OVL) had announced its planned acquisition of a 10% stake at Anadarko Corp.
Air India Express had announced it was looking at domestic expansion to be able to compete with three current budget airlines dominating India by the end of the year.
Amgen Inc. might announced the agreement to acquire Onyx Pharmaceuticals Inc. for USD 125 per share piece as soon as Monday.
The Reserve Bank of India would scrutinize pending foreign deals after the steep fall in rupee's value.
Alitalia and Etihad are in discussion as to possible stake purchase from the Italian flag carrier. Alitalia is in discussion with Etihad Airways, resulting in the Abu Dhabi based airline purchasing a stake in the floundering Italian aircarrier.
Sources revealed that France-based Societe Generale would be issuing a USD 300 million Islamic bond program in Malaysia.
