Dar Al Arkan Prepares for Sukuk Issue

Dar Al Arkan prepares for benchmark sized sukuk issue. Dar Al Arkan Real Estate Development Company of Saudi Arabia is in the midst of preparations to sell a benchmark sized Islamic bond or sukuk.


UK's Oakfield Capital Partners Attains its First Close

Oakfiled Capital reaches record amount through capital investments. The private equity firm that focuses its investment in small and medium sized businesses in the United Kingdom, Oakfield Capital Partners, related the first close of the United Kingdom Special Situations Fund securing GBP6 million firm in commitments.

Elan Increases Porftolio and Offers Buy Back Again

Elan purchases two new interests as well as plan for another buyback option to blunt the Royalty Pharma drug offer.

Yahoo Acquires Tumblr

Yahoo has just announced the acquisition of Tumblr. The board of directors of Yahoo Inc has just recently approved a deal to purchase Tublr, the blogging and social networking site.


Latest News

Loeb shares insights on its investment ideas on Japan and his style. Daniel Loeb, the billionaire investor is not one to shy away from a good deal but as of the moment, he has his eyes set on Japan.
Billionaire Victor Pinchuk files for breach of contract and breach of trust against fellow Ukranian moguls.
Saudi Arabian shares increase led by property and petrochemical companies. The majority of the increases in the benchmark stock index of Saudi Arabia was attained in the last four months.
TML Holdings Pte Ltd has extended senior notes with a maturity on 2018. According to Tata Motors Ltd, its subsidiary TML Holding Pte Ltd had extended and budgeted S$350 million or US$280 million of senior notes that has a maturity on 2018.
Emirates forges partnership with PSG to the 2018/2019. A new sponsorship deal was recently announced by recent French Ligue 1 champions Paris Saint-Germain and Emirates Airlines.
Qatar Holding would be investing in the Porta Nuova Project in Milan. Qatar Holding have announced that it would be acquiring 40% of a US$2. 56 billion real estate project located in Milan, Italy.
Milagro Oil and Gas Inc formed from the exchange offer agreement between Milagro and Vanquish. A newly formed corporation would be formed from the transfer of all the assets of Milagro with Vanquish Finance.
Tata Sons pulls IPO of its telecommunications unit citing lack of sufficient demand. The promoter of Tata Teleservices (Maharashtra) Ltd, Tata Sons Ltd of India, had announced the cancellation of a share auction it had launched for the telecommunications firm.
Grupo Hevi, one of the largest cable television operators in Mexico, is exploring sale possibilities through the engagement of Barclays Plc.
In an announcement, oil blocks in Indonesia are now available for bidding. The Indonesian government announced the opening of a rights tender for twenty one oil and gas exploration blocks last Friday.