Yahoo has invited press to an event, rumors saying it is the announcement of the acquisition of Tumblr.
Deals
Emirates forges partnership with PSG
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 Invests in Porta Nuova Project
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 formed by agreement
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
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.
Latest News
Univar purchases Quimicompuestos. The world renowned distributor of chemistry and related services, Univar Inc. , disclosed that it had concluded the purchase of the leading supplier of commodity chemicals in Mexico, Quimicompuestos.
Tableau IPO to raise US$254.2 million. In an announcement today by Tableau Software Inc. , it disclosed that the price of its 8,200,000 shares of its Class A common stocks tendered at its initial public offering is at US$31.
Caterpillar ends impasse with Mining Machinery for a lower price on purchase. The outstanding issues between Caterpillar Inc and Mining Machinery Ltd of China have been settled.
Altron offers to purchase all the shares it does not already own in Allied Technologies. Allied Electronics, a major player in the South African consumerelectronics market, has formally offered to purchase all the share capital in Allied Technologies Limited that it does not already have in its portfolio.
Summit Midsteam announced the operation of the Polar System at the North Dakota project. Summit Midstream Partners, LLC announced today that the operations of the Polar Crude Oil and Water Gathering System ("Polar System") in the Bakken Shale Play in Williams County, North Dakota have commenced near full capacity.
Tesla increases offers for debt and equity sales after strong investor interest seen. In a cavalier move reminiscent of the personality of its chairman Elon Musk, Tesla Motors has increased its debt and equity offers to capitalize on the increasing appetite of investors for high yield investments.
Syniverse and Mach agrees to conditions set by EU regulators. Syniverse Technologies, the US telecoms services firm, is preparing for the receipt of the European Union antitrust regulatory approval for the Eur550 million or US$710.
A new syndicated loan worth US$850 million has been approved to help refinance the debts of Atlantis, the Palm.
Marketo to sell off a total of 6.06 million shares of both company owned and shareholder owned shares at its IPO.
