Unilever would operate its food seasonings plant in Yangon, Myanmar by end of the month. The second largest consumer goods company in the world, Unilever, has said it has started to manufacture food seasoning in its plant in Myanmar.
Deals
Sumitomo Sells Off Stake in Barclays
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 IPO May Be Led by Credit Suisse
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.
PespiCo Denies Acquisition Deal for SodaStream International
PepsiCo denies a published story from Calcalist, a financial newspaper of plans to acquire SodaStream International.
Volaris Files for IPO at The New York Stock Exchange
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.
Latest News
According to its Chairman, Mukesh Ambani, Reliance Industries would expand its business operations in the next three years.
Royalty Pharma extends deadline for Elan to respond to its unsolicited offer. The private equity firm that invests in royalty streams from pharmaceuticals, Royalty Pharma, had extended the deadline for Elan Corp to respond to its US$6.
For its first European property purchase, KKR acquired 430,000 square feet of UK retail parks in Oxford, Glasgow and Sunderland.
National Australia Bank is looking at a possible partnership with Wells Fargo & Co. to bring Australians to the US term loan B instruments.
According to Calcalist financial newspaper, PepsiCo is in discussion to acquire Soda Stream International for US$2 billion.
Dell sees a US$3.9 billion shortfall for Icahn's takeover deal before the shareholders voting next month.
Apollo Investment Corp. discusses a near deal to acquire MidCap for US$500 million. (Photo : Reuters)The image is the corporate logo of Apollo Global Management.
American International Group Inc. (AIG) gets missed payments from a buyer group in China. (Photo : REUTERS)American International Group Inc, the insurer rescued by the U.
H.J. Heinz was halted by Australian regulators for its takeover attempts of Rafferty’s Garden. (Photo : Reuters) US-based food giant H. J. Heinz Co.
