CNPC vice president Wang Yongchun is under investigation from the China Ministry of Supervision due to unspecified breaches of discipline.
Investors
Pritzker Family and TMS reach USD1 billion deal
Pritzker Family agreed to buy TMS International Corp. for USD1 billion. The Pritzker Family, one of America's wealthiest families, has agreed to purchase TMS International Corporation with an approximate USD1 billion cash deal.
US agreed on USD500 million Indonesia Apache deal
A military source told Reuters that the US had finally agreed on selling AH-64E Apache combat helicopters to the Indonesian army, and are still in talks to iron out the terms of the deal.
Baird Capital announces investment in Kedu Healthcare
Baird Capital recently announced its investment in China's Kedu Healthcare. In an announcement, Baird Capital said its China Growth Equity team had invested in one of the largest medical equipment service providers in China, namely Kedu Healthcare.
HUDCO plans raising INR12.5 billion
Reuters had seen a termsheet showing that HUDCO planned to raise INR12.5 billion through selling of tax-free bonds.
Latest News
Thai billionaire Charoen Sirivadhanabhakdi eyes USD500 million IPO for F&N REIT. Charoen Sirivadhanabhakdi, Thai tycoon and the country's third richest man, announced plans of an IPO for Fraser and Neave (F&N) REIT.
MBK agrees to buy ING's South Korean unit to bring the latter's Asia exit plan closer to conclusion.
Malaysia's largest mobile phone operator has planned an IPO of its telecommunications tower assets.
A Bain & Co. study showed Swedish banks outperform peers, but Europe's financial sector poised to catch up.
Exchange law passed last year was done as a step toward increased kwanza trade. According to the Banco de Nacional de Angola, Angola's central bank, the amount of dollars sold at auctions by the central bank has been halved due to a foreign exchange law.
OSX Brasil names new CEO. As Eike Batista's OSX Brasil SA prepares to deploy an oil platform to back $500 million in bonds, the company has named a new CEO.
NY State Attorney General files lawsuit against Trump investment school for operating without a license.
Amgen acquires Onyx Pharmaceuticals for $10.4 billion. Declining sales of its flagship product pushed Amgen to a $10. 4 billion purchase of Onyx Pharmaceuticals, concluding the two-month-long auction of Onyx.
Top Chinese banks had been expecting to win approval for negotiable certificates of deposit worth CNY10 billion.
