UK persuades Royal Mail workers with free shares

UK proposed giving 150,000 free shares to its workers who have been strongly opposing privatization of the company.


Entertainment group chooses London over NYSE for its IPO

Merlin Entertainments chose London over New York for its upcoming IPO. After deciding against a market debut in New York, Blackstone Group LP, CVC Capital Partners Ltd.

Macau's Melco to enter Russia's entertainment industry

Melco International Development Ltd. stated it would buy its way into the Russian entertainment industry.

Ho to invest in Russian casino resort

Macau's Lawrence Ho to invest in a Russian casino resort Lawrence Ho, the Macau gambling magnate, is set on extending his global reach after two of his companies entered into an agreement to build a new casino resort.


Latest News

Four Springs Capital Trust announced today a completed acquisition of a 19,530 square foot property in Michigan.
Fitch Ratings reported that the start of catalysts emerging in the market could rush forward an increase in the US banking sector’s M&A activities.
Nextel and Softbank announced the completion of their merger Nextel Corporation and SoftBank Corp. announced the completion of their merger. SoftBank invested approximately US$21.
C. Larry Pope said takeover by the Chinese would not change anything. Smithfield Foods Inc. Chief Executive Officer C. Larry Pope has answered to lawmakers suspicious of the proposed acquisition of Smithfield Foods Inc.
Naspers announced that they are considering the sale of US$1 billion bonds to fund acquisitions Naspers Ltd. announced that they are considering selling as much as US$1 billion in debt to fund acquisitions.
LGI Homes announced that they have submitted a draft registration statement at the SEC for possible IPO
Biomass Secure Power Inc entered an exclusive negotiation agreement with the Natchitoches Parish Port Commission
INTL FCStone announced that they are cancelling plans to buy Cleartrade INTL FCStone Inc, a U. S. commodities brokerage announced that it has dropped plans to buy an online commodities exchange in Asia.
US retailers created a plan to put up a fund worth more than US$40 million for Bangladesh factories.
Macquarie announced that they were able to finally close the deal with NG Groep NV Australia's Macquarie Group closed the deal with Dutch financial services firm ING Groep NV in South Korea.