JPMorgan, to sell physical trading acquisitions Bear Stearns, RBS Sempra

Holding company JPMorgan Chase & Co. plans to quit the physical commodity business by selling physical trading assets Bear Stearns and RBS Sempra.


Merger of media moguls seen to be game-changer

The possible merger of French company Publicis with Omnicom is expected to topple competitor WPP from the top spot.

Qianhai winning bidder poised to become biggest investor in Shenzhen

China-based developer is set to spend CNY 12 billion for a development in Qianhai thus becoming Shenzhen's biggest investor.

New York pension fund looking to ink more partnerships

NYC Public Pension Funds seeks to create more partnerships even after it had pledged around US $1 billion to CVC Capital Partners and Apollo Global Management.


Latest News

The Mahindra Lifespace Developers sealed a joint venture agreement with SCM Real Estate (Singapore) Pvt Ltd, Standard Chartered Bank’s investment unit, to develop residential projects in India.
Private equity firm Silver Lake Management is maintaining its offer of US $13.75 per share for Dell Inc.'s buyout.
Conviviality Retail seeks to secure GBP 64 million funding through the Alternative Investment Market.
Following its acquisition of GBP 2 million funding in a round led by Octopus investments, Affectv starts the work to meet its goals.
Lanco initiates the process to restructure its debt amounting to INR 75 billion (USD 1.3 billion). Engineering procurement and construction company Lanco Infratech Ltd.
The Formula One Group and the FIA signed the framework for the 2013 Concorde Agreement. The Formula One Group and its governing body, the FIA, signed the new framework for the 2013 Concorde Agreement.
A source familiar about the deal but requested anonymity claimed that Dell Inc. will not be selling its shares for a bid below US $14.
ONGC and Reliance Industries signed a Memorandum of Understanding that allows them to share infrastructure on the east coast.
Russian billionaire Vladimir Evtushenkov said he is considering takeover targets to expand his business abroad.
The US $1.24 billion between Chevron Corp. and Argentina government's YPF may be turning point in the country's protectionist policy but it comes with an underlying political danger.