Belgium post service eyes at US$3.9 billion market debut as it seeks more investors for it to be able to cope with the increasing demand in parcel delivery.
Deals
FDI Policy Restricts Sale for Existing Indian Retailers
Walmart and Tesco are restricted to acquire existing Indian retailers because of the new policy set by the Indian government stating foreign companies should start from scratch.
Tanzania Pursues Chinese, Indian Investors
After a failed privatization attempt with the water supply in Tanzania, the country is now in talks with companies from China, India and Israel to pursue its water-supply and sewer projects.
Stokke AS Looks at Possible Sale
Norwegian furniture maker Stokke AS looks into possible sale of the company. (Photo : REUTERS)Goldman Sachs Group Inc named insurance executive Mark Edward Tucker as an independent director on Monday, expanding its board to a dozen directors, most of whom are independent.
Smithfield Strengthens US Contradictions over Benefits of Chinese Deals
The acquisition of Smithfield Foods Inc. by a Chinese company has raised contradictions in the US over its benefits.
Latest News
A partnership between Twitter and the world's biggest ad agency, WPP PLC transpired to better focus towards advertising.
Royalty Pharma's bid was threatened to be dismissed after the takeover panel released rulings that the US based company could no longer revise the terms on its proposed deal.
The U.S. Treasury continues to embark on a strategy to exit General Motors, selling its 30 million stock of the bailed-out company for $34.41 a share.
Sumitomo Mitsui Banking Corp sells its shareholdings in Barclays to Nomura Securities. Sumitomo Mitsui Banking Corp of Japan had announced the sale of its shareholdings in British bank Barclays.
Alibaba's much anticipated IPO is rumored to be led by Credit Suisse. According to anonymous sources familiar with the matter, the highly anticipated IPO of Alibaba Group of China would be led by Credit Suisse.
PepsiCo denies a published story from Calcalist, a financial newspaper of plans to acquire SodaStream International.
Volaris, the Mexican budget airlines, is planning to undertake an IPO worth US$100 million. The operator of Mexican budget airline Volaris, Volaris Aviation Holding Co.
Qatari Diar acquires properties from the portfolio of Barwa Real Estate. Barwa Real Estate, the Qatari real estate developer, is undertaking plans to sell its assets estimated to be worth 26 billion riyals or US$7.
S-Pankki Oy acquires Tapiola Bank Oy, expanding its mortgage and insurance products for its customers.
