MTN Group Ltd. stalled its talks with Reliance Communications Ltd. due to India's current revision of rules on mergers and acquisitions.
Deals
Stakool issues LOI to buy Indian Hills
The Florida based firm executes a Letter of Intent to relay its aim of purchasing the North Carolina based company.
Tech Valley telecom gets new debt facility from GE Capital, Webster
Telecommunications company Tech Valley obtains new debt facility from GE Capital along with Webster Bank.
Enstar gets 60% share in Torus Insurance in blockbuster deal
Enstar Group pays US $692 million in order to control the reins Torus Insurance Holdings Ltd. Enstar Group, a management and consultancy firm specializing in insurance, announced the completion of the agreement that allows it to control management of Torus Insurance Holdings Ltd.
Greece Gets Release of Eur3 billion worth Aid, Remains Lashed to Tightness
European governments agreed to release aid for Greece worth Eur3 billion as they continued to seek for enough financial calm.
Latest News
US based Go Green Global Technologies Corp acquired patent portfolio from Water Treatment Systems over their Sonical product line
Carlyle Group planned to put Applus+ in a stock market listing to take advantage of the stock market's improvement.
Diamond Resorts expected to raise up to US$279 million from IPO. Diamond Resorts International Inc. said that it expected to raise up to US$279 million from its initial public offering.
Rexford estimated IPO terms revealed. Rexford Industrial Realty Inc. 's revealed the estimated terms of its planned initial public offering. The initial public offering aimed to raise funds for mortgage debt repayment and other purposes.
Deutsche Annington revived its initial public offering from Eur1.2 billion to just Eur575 million to Eur592 million.
United Arab Emirates would grant Egypt US$3 billion to help the country recover from its devastated economy.
intergenia buys internet24 GmbH to secure its spot as Germany's leader among Cologne based intergenia purchased internet24 GmbH, a German host services provider, in a bid to strengthen its post as one of Germany's top providers of managed hosting.
Odyssey Investment Partners LLC was exploring its options on selling One Call Care Management Inc for more than US$1.5 billion.
BCI Broadband completed the acquisition of James Cable as the next-generation broadband company makes its presence felt in four key cities.
