Tiger Bay's acquisition of Gramercy Park creates a 'superfirm' in the industry of asset management.
Deals
AT&T vies against T-Mobile US with more frequent device upgrades and installment plans
AT&T Inc's new venture on annual device upgrades and installment plans directly competed against T-Mobile's offerings.
Aviva negotiates with regulator ahead of court hearing on Apollo contract
Aviva Plc was in talks with negotiators regarding its US$1.8 billion deal with Leon Black's Apollo Global Management LLC.
Etihad’s investment in Jet to be concluded in the next few months
Etihad’s bid to invest in Jet Airways is expected to be completed in the next few months. India's Jet Airways is expecting investments from Etihad Airways of Abu Dhabi, which will be completed in the next few months.
PetroSA considers purchasing Petronas’ stake in Engen
PetroSA was said to be considering the possibility of buying Petronas' controlling stake in Engen.
Latest News
Invis Energy raised Eur160 million from NorddeutscheLandesbank and DNB Bank for a 42.8 megawatt wind farm in Ireland.
Baidu Inc shells out US $1.9 billion to acquire 91 Wireless, an app store firm. China's largest search engine company paid US $1. 9 billion to purchase an app store firm, 91 Wireless, from Hong Kong-listed NetDragon Websoft Inc.
The Renault-Nissan alliance will be investing US $2.5 million in India within the next four years. Car makers Renault and Nissan Motor Co. will be jointly investing the amount of US $2.
Bally Technologies Inc would purchase SHFL Entertainment Inc. for US$1.3 billion in its hope to expand in Asia and Australia.
SPH REIT raised US$400 million in an IPO. Singapore Press Holdings Ltd. (SPH) raised SGD$504 million (US$400 million) in an initial public offering, said two sources familiar with the transaction.
GlaxoSmithKline Plc's 20% increase in sales was currently in focus due to Public Security Ministry's accusations on bribery and sexual favors.
Piedmont was asked to pay Dexia Crediop SpA and Intesa Sanpaolo SpA US$47 million due to interest-rate swap agreement.
Prudential Plc agreed to sell its PCA Life Japan unit to SBI Holdings Inc. for US$85 million. UK's largest insurer by market value, Prudential Plc, decided to sell its life insurance firm in Japan.
Cipla acquired Cipla Medpro South Africa. Cipla Medpro South Africa was delisted from the Johannesburg Stock Exchange as of July 16, 2013. This was after Cipla completed its acquisition of the company for US$512 million.
