AirAsia X, the long haul carrier of the largest budget carrier in Asia, would be doing an IPO. AirAsia X Bhd is starting to feel out investor interest for the initial public offering for the long haul unit of the largest budget carrier in Asia.
Deals
Experian Plc sells its market research services unit
Experian sells off its market research services unit to WPP. The global information services company, Experian Plc has announced Monday that it has agreed to sell off its market research services.
Blackstone to purchase LIC's 14% in SHCI
Blackstone is preparing to make an offer for the 14% shareholdings of LIC in Stock Holdings Corporation of India.
Patron Capital Partners Continues Acquisition Spree in Germany
Patron Capital Partners is planning to spend nearly Eur1 billion for property purchases in Germany. Patron Capital Partners is a private equity company that does investments in a number of real estate projects throughout Europe.
Danone Purchases Happy Family
Danone purchases organic baby food maker Happy Family for an undisclosed amount. The Paris based owner of Evian water and Activia yogurt, Danone, has entered into an agreement to purchase Happy Family, an American manufacturer of organic baby food.
Latest News
Masayoshi Son, Softbank co-founder and President is planning to build a Silicon Valley office for the merged Softbank-Sprint company.
HSBC will cut back costs and sell off minority assets under the three year restructuring plan of CEO Stuart Gulliver.
Win Bischoff is retiring as chairman of Lloyds Banking Group according to the Financial Times. As reported in the Financial Times, the chairman of the Lloyds Banking Group Win Bischoff is stepping down.
Fresenius CEO Ulf M. Schneider is on the lookout for deals for the expansion of the German group. Fresenius SE, the diversified healthcare group from Germany, has identified possible firms for ripe for takeovers.
The Department of Treasury will sell off its shares in Detroit carmaker General Motors. The US government has sold off a major portion of its shareholdings in General Motors Co.
Icahn, seeking to fight off the Dell-Silver Lake bid, is asking investors to dig deep and put their money on the computer maker.
The Gores Group purchases Davis+Henderson Corp. In an announcement from the Gores Small Capitalization Partners, LP disclosed its purchase of Davis + Henderson Corporation's three company units in Canada.
Softbank waived the Alibaba IPO card to banks, saying their help in funding the rival bid can ruin their chances in participating in the highly anticipated IPO, which it owns one third of.
3D Systems to undertake IPO at US$40.00 per share. As previously announced, the common stock issue from 3D Systems has been proceed at US$40. 00 per share through an underwritten initial public offer.
