Air Canada terminates a tender offer to buyback some bonds after Fed Chairman triggered sell off. (Photo : Reuters)Air Canada jets as they get ready to take off.
Deals
Arch Coal sells Canyon Fuel
Arch Coal agreed to let go of Canyon Fuel as part of its growth strategy. (Photo : Reuters)The image is a coal mine in production. Arch Coal gave up its operations in Utah as it agreed to sell Canyon Fuel Company to Bowie Resources.
TPG plans to invest on Seibu
TPG is looking to either buy Cerberus Capital's shares in Seibu or purchase new ones. (Photo : Reuters)This is the logo of TPG group. TPG, a private equity firm from the United States, eyed Seibu Holdings as its next investment project.
Timetracker firm Replicon gains $20 million
Replicon raised $20 million in its latest round of investment. (Photo : Reuters)This is the logo of Replicon. Cloud based spreadsheet and time tracker software Replicon announced that it received $20 million in its Series A fundraiser.
Japanese firm Lixil buys American Standard
Lixil acquired American Standard in a $542 million buyout. (Photo : Reuters)The image is a sample of an energy efficient kitchen. ASD Americas Holding Corp will be bought by Lixil Group Corp.
Latest News
Swiss bank UBS boosts its commodity trade finance as it makes cuts in investment banking. (Photo : Reuters)The image is the UBS sign on its corporate headquarters.
PSPIB and Segro partnered to form new venture. (Photo : Reuters)This is the logo of Segro. The United Kingdom's biggest publicly traded proprietor of industrial assets Segro Plc (SGRO) ventured with Canada's Public Sector Pension Investment Board.
China continues to get better as their credit crunch improves through central bank's efforts. (Photo : Reuters)The image is a bank teller counting yuan.
Tremor Video announced the completed pricing of its initial public offering valued at US$10 per share piece.
The upbeat statistics on shares, bonds and oil continue to improve after US central banker's attempt to ease fear.
Jindal Steel is in negotiations to acquire an iron ore mine in Liberia as the country seeks for more foreign investors to boost its economy.
Royalty Pharma held internal discussions about making a new bid for Elan Corp according to four sources.
Ernst & Young LLP estimated a HK$100 billion proceeds if Alibaba Group Holding Ltd pushes through with an initial public offering in Hong Kong this year.
The US Justice Department investigated the planned merger of American Airlines and US Airways, a deal which is expected to be completed by end of September.
