One scenario is the divestment of the L'Oreal shares but Nestle may pull a surprise at the last minute.
Investors
Neiman Marcus nearing deal of over USD6 billion exit deal with PE firms- report
According to sources who told Wall Street Journal, Neiman Marcus would be wrapping its over USD6 billion exit deal with Ares Management LLP and the Canada Pension Plan Investment Board soon.
Advertisers expectant over NBC's 'The Million Second Quiz'
Debuting on Comcast Corp's television network NBC, "The Million Second Quiz", its advertisement partners were optimistic that the novel format show would provide revenue opportunity.
Al Salam Bank to finalize merger with BMI in share swap deal
Islamic lenders Al Salam Bank and BMI Bank agreed on a share swap merger deal. According from a statement released on Monday by Islamic lender Al Salam Bank, it had agreed on merging with fellow Bahrain-based lender BMI.
Jacobs Engineering buys Sinclair Knight Merz
US engineering firm Jacobs Engineering purchases Sinclair Knight Merz for USD1.2 billion. AUD1. 3 billion is the price tag Jacobs Engineering Group would pay to acquire Sinclair Knight Merz.
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Suntory purchases two GSK drink brands for USD2 billion. Japan's Suntory Beverage and Food Ltd has agreed to purchase the Lucozade and Ribena brands from GlaxoSmithKline Plc at a cost of GBP1.
SJM, the gambling firm owned by mogul Stanley Ho, is set to expand with a new casino resort in the Cotai area of Macau.
United Arab Bank recently formalized a sponsorship agreement with FC Barcelona. FC Barcelona, the Spanish football giant, had further strengthened its partnership with the Gulf region as it announced last Sunday the forging of a three year deal with UAE financial institution United Arab Bank.
In an announcement, Qatar Airways CEO formalized an exchange programme between Qatar Airways and British Airways.
Singapore is the listing index for Xyec Holdings instead of Japan. The first Japanese firm to debut exclusively in Singapore, Xyec Holdings Co, plans to expand its information technology expertise to Southeast Asia through local purchases and engagement of local talent.
The discussions of a possible merger between DAE and StandardAero has ended. StandardAero's owner, Dubai Aerospace Enterprise, said it had ended discussions with British aircraft servvices company BBA Aviation.
Zoopla engaged the services of Credit Suisse for its IPO. Zoopla, the British property website, had engaged the services of the investment bank Credit Suisse in order to explore growth opportunities.
China establishes free trade zone to help liberalize yuan trade. In an expected move, China had issued a directive to allow free exchange of the yuan currency within the borers of its first free trade zone.
KUFPEC is looking at overseas assets to expand its oil assets and reserves. Kuwait has sought to purchase oil related properties internationally, such as as in Southeast Asia in order to meet output targets.
