Robinsons Retail Group is planning to undertake the largest IPO in the Philippines. The Robinsons Retail Group, whose interests include operations in the consumer market through supermarkets, hardware and department stores throughout the Philippines, is now planning to raise US$924 million through an initial public offer in Manila.
Deals
Fairfax Set To Increase Shareholdings in Eurobank
Fairfax increases its shareholdings to 42% in Eurobank. Fairfax Financial Holdings would be raising its shareholdings in Eurobank Properties, the real estate firmn from Greece.
SoftBank nearing Sprint Nextel acquisition
SoftBank is nearing the completion of the acquisition of the Sprint Nextel deal. SoftBank Corp of Japan had completed another step in its current bid to acquire Sprint Nextel Corp, the US wireless provider.
Russia to sell off interest in telecoms firm Rostelecom
Russia is determined to sell its interest in private enterprises and one of them is their 53% interest in Rostelecom.
DP World Extends Maturity Date of US$1BN Loan
DP World, because of favorable market terms, was able to extend its revolving credit facility. (Photo : Reuters)The image is the signage infront of the DP Head Office.
Latest News
Alcatel-Lucent plans to sell Eur1 billion worth of assets as part of CEO's strategy to stop restructure.
CLSA Brokerage, owned by Credit Agricole SA, was sold to CITIC Securities but Taiwanese regulators may reject the sale.
Riverstone Holdings announced its close of its fund which amounted to $7.7 billion. (Photo : Reuters)This is the logo of Riverstone Holdings LLC Riverstone Holdings LLC announced on Wednesday that it has acquired $7.
BC Partners have finally closed the deal to acquire Springer Science from EQT V and GIC. (Photo : Reuters)This is the logo of Springer Science+Business Media.
Huron Rivers Ventures Partners announced its completion of its initial fund worth $11 million. Early-stage venture capital investment company Huron River Ventures Partners has reached a close on its maiden fund, Huron River Ventures I worth $11 million.
Antelope Oil Tool and Manufacturing Co. agreed to a buyout deal with Interval Capital. Interval Capital closed the deal to buy Texas-based Antelope Oil Tool and Manufacturing Co.
Card Scanning Solutions gains Insight Venture Partners, Red Oak Growth Partners and Egis Capital Partners as investors.
Cabot Square Capital recently finalized a deal to sell Key Retirement Solutions to Pheonix Equity Partners.
Hennes & Maurits clothing company said that its sales are boosted this month, keeping investors calm despite its poor performance last quarter.
