Spain's Bankia had been in exclusive discussions with brokerage GVC to sell its own brokerage unit valued between EUR20 million and EUR40 million, said sources.
Investors
Pre-installation of Alibaba apps on China Telecom mobile phones part of strategic agreement- sources
Sources told Reuters that Alibaba's apps could be pre-installed on the mobile phones of China Telecom as part of the strategic agreement of both companies.
China's Shuanghui nears shareholder approval for Smithfield acquisition-sources
Sources told Reuters that shareholders of Smithfield Foods Inc was close to approving the Chinese company's USD 4.7 billion offer.
Sharp announces fundraising target of USD 1.68 billion
Sharp Corp announced that it would raise up to USD 1.68 billion through a public offer and third party placements.
Apple releases iOS 7 on Wednesday
According to a zdnet.com blog post, everyone won't be able to access iOS 7 right away after its release on Wednesday as servers could crash and the Internet might cease engine simultaneous searches from millions of Apple users.
Latest News
According to a Reuters report, Freelancer.com would be planning a local IPO in Australia that would help boost Australia's fast-growing technology markets.
According to sources, Polaris Financial Technologies had opened talks with Tokyo-based NEC Corporation to sell its IT division.
According to two business newspaper, the Belgian government had been considering to sell some of its 10.3% stake in BNP Paribas to reduce the country's debt.
Poplar Partners announced today that it had started its search for possible acquisitions in companies that have annual cash flows between USD1.5 and USD7 million.
Equity LifeStyle Properties Inc. announced its acquisition of Fiesta Key RV Resort valued USD24.6 million and was paid with available cash.
According to a source, Bank of America would appoint Alexandre Bettamio to its Latin America investment unit in Brazil.
I&B Ministry of India approved the proposed investment plan of Goldman Sachs Group to DEN Networks valued USD110 million.
Electronic Arts Inc. named Andre Wilson as new CEO after a six month search to fill the vacant position.
DE Mastre Blenders said it would appoint Pierre Laubies as the new CEO of the company once the acquisition deal with Joh A. Benckiser was completed.
