Centrica PLC is in discussion with Cuadrilla Resources to buy a stake in its licenses for the exploration of shale gas fields.
Deals
Macau Legend Development Looks for US$788 Million IPO to Fund Hotels
Macau Legend Development is seeking US$788 million initial public offering to be able to fund construction of new hotels in the country.
Partnership Debuts London at GBX385 Per Share
Partnership Assurance Group debuts in London Stock Market at GBX385 per share on Friday. (Photo : Reuters)The image is the corporate logo of Cinven, the majority shareholder of Partnership Assurance Group.
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.
Latest News
General Motors Co expands a maintenance program to boost revenue while still looking at share buyback and dividend.
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.
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.
