CTBC Financial Holding Co. announced that they will acquire Tokyo Star Bank Ltd. for US$520 million.
Deals
Japan Post to raise JPY4 trillion through IPO
Japan Post Holdings Co Ltd is set to launch an initial public offering that will raise JPY4 trillion.
Etisalat hires Goldman Sachs for Warid acquisition
Etisalat ETEL.AD announced plans to acquire Pakistan's Warid. Etisalat hires Goldman Sachs Group as financial adviser for the deal.
Nestle rival Super Group Ltd seeks first acquisition
Super Group Ltd. announced plans to make first acquisition in ten years. Singapore's leading instant-coffee maker, Super Group Ltd. , said that they are seeking to make their first acquisition in a decade.
Microsoft Ventures taps Berlin startup community
Microsoft Ventures opened in Berlin. Berlin was considered by investors as a startup haven, home to a booming startup scene due to an influx of large companies pouring investments.
Latest News
German publisher, Axel Springer, said that they will sell their magazines, regional newspaper and program guides to Funke Mediengruppe for EUR900 million.
LCD panel maker, BOE Technology Group Co Ltd., expressed their plans to generate CNY46 billion through an initial public offering.
Healthcare private equity firm BelHealth Investment Partners has formed General Genetics Corporation.
Auxogyn Inc said that they will be working with the Valencia Infertility Institute through a partnership agreement.
China may ease up on its monetary policies soon, says watchers. The eyes of economists keen on Asian markets are now focusing intently on what China is going to do next after the government earlier announced fiscal stimulus measures to fire up its weakened economy.
According to William Hill, they were paying out a six-figure sum for George Alexander Louis. William Hill, a leading bookmaker, said "We are paying out a six figure sum to winning punters but the Royal Baby betting has been so popular that we have enough to get in a bottle of bubbly to wet the baby's head tonight.
CBS Broadcast Network and Time Warner Cable Inc announced that they will continue their negotiations for broadcast fees.
Crossroads Systems stated that it has acquired a US$10 million credit deal from Fortress Investment Group and its affiliates.
Sources said that Lloyds Banking Group was now considering offloading its lackluster Australian business units to other investors.
