Nikkei reports Mitsui and Kawasaki are in merger discussions. Mitsui Engineering and Shipbuilding Co and Kawasaki Heavy Industries Ltd are to begin merger discussions.
Deals
China Galaxy Securities Gauges IPO Demand
China Galaxy Securities is gauging IPO demand for Hong Kong listing. A brokerage firm controlled by China's sovereign wealth fund, China Galaxy Securities Inc, has started to determine the demand for an initial share sale amounting to US$1.
JP Morgan Chase Advises Cut Backs in Russian Investments
JP Morgan advises investment cutbacks in light of Gazprom dividend and other factors. JP Morgan Chase & Co has advised its clients to reduce its shareholdings in Russian stocks as OAO Gazprom has proposed a dividend cut.
Silver Lake Bid to Push Through Come Hell or High Water
Silver Lake's bid for Dell would push through amidst the financial and legal consequences written into the offer.
Myrtah Energy Ltd Picks Banks for IPO
Myrtah Energy has chosen Morgan Stanley and Standard Chartered for its IPO. Mytrah Energy Ltd has chosen the banks to lead its business trust offering.
Latest News
EADS shareholders to expect higher dividends because of new policies according to corporate CFO. In a report from Reuters, the European Aeronautic Defence and Space Company N.
The iconic British car Aston Martin is growing in the car markets of China. The CEO of the iconic British sports car Aston Martin has announced a ten percent increase in global sales for 2012.
The Canadian Competition Bureau and the Department of Canadian Heritage have approved the merger of Random House and the Penguin Group.
Eaton manufactures valves and valve actuators for vehicles, is planning to expand both its facilities and production.
IMF approves US$1.75 billion loan package to Tunisia. According to reports, the International Monetary Fund confirmed that it had agreed to a $1. 75 billion standby loan agreement with Tunisia.
GM and its partners would be building new plants and increase production to five million cars a year.
Aamal and Vivantes agree to form healthcare joint venture. Aamal Company, the Qatari conglomerate has entered into a joint venture agreement with Vivantes International Medicine, the largest hospital consortium from Germany.
AMD has reported a higher revenue compared to the previous year, flush with cash and a top notch development team.
SABIC makes job cuts and closes plants in Europe. Saudi Basic Industries Corp, currently the world's largest petrochemicals group is now reviewing its global expansion outlook.
