IVG, the German property firm, is planning to present a restructuring plan to its shareholders for debt repayment.
Deals
Billabong Ends Takeover Talks and Looks To Refinancing Instead
Australian surfwear company Billabong ended takeover talks and looks at its refinancing options instead.
China Offers US$3 Billion Worth of Loans to 10 Caribbean Nations
President Xi Jinping offered a total of US$3 billion loans to 10 Caribbean nations however no direct confirmation was made by the Chinese government.
Sprint Overthrows Dish Latest Offer For Clearwire
Sprint overthrows US$3.40 bid per share of Dish to a US$4.40 bid per share for Clearwire. (Photo : Reuters)People passing by a Sprint store in NYC. Sprint Nextel Corp has urged Clearwire Corp to reject the offered bid made by Dish Network.
Deutsche Annington Targets For Market Listing Next Month
Deutsche Annington is reportedly set for a market listing around July 4, a reliable source said on Monday.
Latest News
Vodafone to put in another GBP900 million for the completion of the 4G network of the company. The second largest wireless company in the world, Vodafone Group Plc, has announced that it would be inreasing its UK investments by a whopping 50%.
McGraw Hill Financial, the parent company of Standard and Poor's is investing further in Indian credit agency Crisil.
The production of Vietnam’s robusta coffee, which is used as the primary ingredient for instant coffee, is expected to increase in 15 months, sending its futures to its biggest nosedive since 2009.
PPR is preparing to spin off its Fnac book and electronics stores. (Photo : Reuters)The image is of PPR CEO speaking before shareholders. The French company that owns the Gucci brand, PPR SA, is in the process of spinning off its Fnac book and electronics stores.
Exor sells off its 15% share in SGS to help in the Fiat acquisition of Chrysler. (Photo : Reuters)The image is the corporate logo of Exor, the holdings firm.
Zain Saudi has entered into an agreement with the Saudi Arabian Ministry of Finance to defer payment of mobile phone license fees to 2021.
Severn Trent rejects the new offer made by LongRiver consortium as it says it does not recognize the long term value and potential of the British water utilities firm.
Khazanah, the Malaysian sovereign wealth fund has sold off part of its shareholdings in Tenaga Nasional Bhd.
UAE's top aluminium firms merge to create a more competitive firm in the Middle East. (Photo : Reuters)The image is the factory of Dubai Aluminium.
