BBA Aviation confirmed reports that it is planning to merge with StandardAero and that it has already bought Maguire Aviation.
Investors
Indonesia raises IDR 12 trillion in bond offering
Indonesia gathered IDR 12 trillion in its most recent bond offering, beating an initial target of IDR 8 trillion.
Acquisition causes drop in Regus profits
Regus suffered a 3% drop in first half profits as a result of the restructuring costs of its earlier acquisition.
Telekom Austria looks to raise EUR500 million
Telekom Austria plans to raise EUR500 million to buy new frequencies and acquire companies. With the objective of purchasing new frequencies in a September auction and acquiring companies, Telekom Austria has planned to raise EUR500 million in fresh capital, the Der Standard reported.
Trussardi might sell minority shares in the future- newspaper
Italian fashion company Trussardi said it would sell minority shares in the future if it needed to. Trussardi might offer a minority stake in the future to interested parties if it needed to.
Latest News
Niger plans to purchase Semafo's 80% stake in the Samira Hill mine in order to take full control of the project.
Mitchell Klipper, head of the retail group at Barnes & Noble, sells 400,996 shares, giving up more than half of his stake in the company.
The U.S. Supreme Court dismissed a shareholder derivative lawsuit filed against UBS by pension plans in Puerto Rico.
Fission Uranium considers taking offer to shareholders of Alpha Minerals after company refuses buyout discussions.
Daniel Loeb's New York-based hedge fund increases its stake in Sotheby's to 5.7%. A regulatory filing showed Monday that Third Point LLC, investor Daniel Loeb's New York-based hedge fund, had increased its stake in Sotheby's to 5.
China's Vice Finance Minister says there is no need for Chinese government to stimulate the world’s No. 2 economy.
Bitcoin Foundation joins U.S. regulators in FinCEN-hosted discussion regarding digital currency. Financial Crimes Enforcement Network (FinCEN) director Jennifer Shasky-Calvery hosted a discussion with members of the Bitcoin Foundation.
U.S. judge approves USD20 million Facebook settlement on lawsuit over targeted ads. A U. S. judge granted final approval on Monday to Facebook's USD20 million settlement despite objections from plaintiff's that the lawsuit failed to cover children's privacy.
The number of initial public offering in Sweden had increased while Stockholm's OMX All-Share Index had reached a record high, erasing market volatility in the country.
