Etihad’s bid to invest in Jet Airways is expected to be completed in the next few months. India's Jet Airways is expecting investments from Etihad Airways of Abu Dhabi, which will be completed in the next few months.
Investors
NASCAR, home of fast cars and big bucks
Big money arrived at the NASCAR race as company sponsorships abound. NASCAR season begins, and with fast cars came the equally quick multi-million dollar sponsorship deals.
Oi’s US$1.1 billion asset sale shores up company funding
Oi SA would sell its undersea cables and towers worth US$1 billion so that it could reinforce the funding for the company.
Capital One in talks to sublease in NYC spaces from UBS
Capital One Financial Corp. was negotiating with UBS regarding 250,000 square feet of offices on Park Avenue, Manhattan.
AT&T vies against T-Mobile US with more frequent device upgrades and installment plans
AT&T Inc's new venture on annual device upgrades and installment plans directly competed against T-Mobile's offerings.
Latest News
PetroSA was said to be considering the possibility of buying Petronas' controlling stake in Engen.
Abbott Laboratories is set to acquire all of IDEV Technologies' outstanding equity shares for US $30 million.
iSight Partners gets funding from Blackstone to unveil Cyber Risk Management System. iSIGHT Partners received new investment from asset management firm Blackstone to launch the Cyber Risk Management System (iCRMS).
Tiger Bay's acquisition of Gramercy Park creates a 'superfirm' in the industry of asset management.
Invis Energy raised Eur160 million from NorddeutscheLandesbank and DNB Bank for a 42.8 megawatt wind farm in Ireland.
Baidu Inc shells out US $1.9 billion to acquire 91 Wireless, an app store firm. China's largest search engine company paid US $1. 9 billion to purchase an app store firm, 91 Wireless, from Hong Kong-listed NetDragon Websoft Inc.
The Renault-Nissan alliance will be investing US $2.5 million in India within the next four years. Car makers Renault and Nissan Motor Co. will be jointly investing the amount of US $2.
Bally Technologies Inc would purchase SHFL Entertainment Inc. for US$1.3 billion in its hope to expand in Asia and Australia.
SPH REIT raised US$400 million in an IPO. Singapore Press Holdings Ltd. (SPH) raised SGD$504 million (US$400 million) in an initial public offering, said two sources familiar with the transaction.
