CapAsia executive Vijay Sethu filed a defamation case against Johan Bastin, also an executive in the company, in the Singapore High Court, said a Bloomberg report.
Investors
Twitter to make public filing this week: Quartz
According to news website Quartz, Twitter Inc. would make its IPO filing public this week and would probably start trading before the thanksgiving holiday on November 28.
ING Groep may sell 43% stake in Vysya Bank
According to five people, ING Groep might sell 43% of its stake in Vysya Bank and had been looking for a potential buyer for the transaction.
Tata, Unitech challenge SFIO's conclusion on 2007 transaction
According to a spokesperson for Tata Sons, the group had comprehensively addressed all questions from all probing government agencies regarding the 2007 deal between Tata and Unitech.
Blackstone to sell stake in Emcure Pharma
Blackstone Group had been in advanced talks with Bain Capital regarding the sale of 13.09% of its stake in Emcure Pharmaceuticals valued USD100 million.
Latest News
Lawrence Ho planned to invest more than USD5 billion in Japan once Melco Crown Entertainment obtains permission to establish a casino in the country.
According to a statement from NZ Finance Minister Bill English, nearly half of the IPO shares in Meridian Energy was already spoken for by New Zealand brokers.
Telecom Italia, a company considered strategic in the Italian political spectrum, is undergoing a change in leadership.
China Securities Regulatory Commission had ended an 18-year trading hiatus on Treasury bond futures, said a Bloomberg report.
The large volume IPO companies have helped the European IPO boom. The cheap valuations and the strengthening economies were the main factors that put investments to full work in Europe, resulting in a sixfold volume increase in the third quarter for initial public offers in the region.
Intesa Sanpaolo named its new CEO after the resignation of Enrico Tommaso Cucchiani, according to a Bloomberg report.
In a move to provide a tax gain as well as capital gain, AXA spins off AXA PE, ceding majority control to an employee ownership group.
The US Securities and Exchange Commission has charged Mark Cuban of insider trading. Billionaire Mark Cuban is being hauled to court for insider trading.
The European Union had switched the burden to aid troubled banks from taxpayers to shareholders, big depositors and bondholders, said a Reuters report.
