Barclays Plc announced that they are set to raise GBP5.8 billion through rights offering. Barclay Plc said that they are planning to raise GBP5. 8 million or US$8.
Investors
IBM issues US$2.15 billion worth of bonds
IBM issued US$2.15 billion worth of bonds with two ten-year offerings. The biggest computer services provider, International Business Machine Corp. , was able to raise US$2.
Indian Internet companies come of age: Inventus Capital Partners
Manu Rekhi of Inventus Capital Partners wrote that there is a shift in Indian companies and venture class returns.
Sources say Mongolian likely to head Rio Tinto's Oyu Tolgoi
Sources said that Mongolian businessman Bold Baatar is most likely to be appointed as the head of Oyu Tolgoi when Cameron McRae exits this October.
Carl Icahn disputes Michael Dell's latest offer
Carl Icahn contested the conditions in Michael Dell's latest offer to the PC maker Dell Inc. On Monday, billionaire investor Carl Icahn and Southeastern Asset Management, an investment firm, stated that Michael Dell wanted to avoid the voting process behind the deal.
Latest News
Slovakia would sell 800Mhz, 1,800Mhz and 2,600Mhz bandwidths which was expected to result to a new operator in the country.
Financial regulators gives the green light to Vodafone Group Plc for its planned acquisition of Kabel Deutschland Holding AG.
Nicola Horlick stated that she has launched a new venture, Glentham Capital, and intends to raise up to GBP150,000.
Centrica Plc finalized the deal that enabled them to acquire Direct Energy Business for US$731 million.
Lu'an Capital & Energy Investment Inc finalized the acquisition of additional shares in Sona Resources Corp
William Franke stated that he will be stepping down from his position as chairman of Spirit Airlines as Indigo Partners LLC divest their stake in the company.
The IMF releases additional funding as part of Greece's bailout program. The International Monetary Fund announced that they approved for additional funding for Greece's bailout program.
The Swiss National Bank said that they are open to sell back the UBS assets that they took on during the global financial crisis.
Private equity firm owned Penda Corp. announced that it had acquired The Fabri-Form Co. expanding it reach in the heavy truck and material handling markets.
