Air Asia X Bhd makes a modest debut after the recently concluded US$310 million IPO AirAsia X Bhd made a modest market debut after its recent IPO (initial public offering) raised US$310 million to help the budget carrier expand its strong growth prospects for travel to and from Southeast Asia.
Investors
Pharmstandard offers to buyout shares from rebel shareholders.
OAO Pharmstandard stated they would buyout disgruntled investors at a discount. Russia's biggest pharmaceutical company, OAO Pharmstandard, shrunk the most since May 2009 after its plan to buy out unhappy investors' shares at a discount was revealed.
Ghana to offer 7-year-bonds open to local and foreign investors.
Ghana released information on seven-year bonds valued at around US$98 million. Ghana has prepared the sale of seven-year bonds valued at around US$98 million in two issues as Ghana aims to extend its government debt yield curve.
Kreative acquires shares in Augustine
Kreative Ventures Limited announced that they have acquires additional shares in Augustine Ventures Inc.
BV is now ECRM's major shareholder
Efficient Collaborative Retail Marketing announced that BV Investment Partners is ECRM's majority shareholder.
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A JPMorgan report made Credicorp a top pick amid continued Peruvian economic growth. According to a JPMorgan Chase & Co. report, Credicorp Ltd. , the Lima-based parent company of Banco de Credito del Peru, may gain up to 32% by the end of this year as the Peru's economy continue to grow.
Global Power announced that they acquired privately owned IBI, LLC. Global Power Equipment Group Inc. announced today that it has acquired privately-owned IBI, LLC.
On Wednesday, Alibaba was reported to use the net proceeds of its IPO to fund more acquisitions as it wanted to broaden its mobile services.
India state-run banks have been required to submit plans on how to raise US$25 billion. To strengthen risk defenses and to comply with recent changes to the Basel III capital standards, India's state-run banks are required this month to decide on methods to put up more than INR1.
BlackBerry CEO asked investors for patience during meeting. Chief Executive Officer of BlackBerry Ltd. , Thorsten Heins, asked investors for more time and their patience at the company's annual meeting on Tuesday.
The U.K. Business Secretary has outlined their plans for the sale of stocks in the state-owned Royal Mail Group Ltd
Saudi Arabia funded US$5 billion while UAE offered US$3 billion worth of aid to help Egypt’s struggling economy.
Summit Industrial Income REIT announced that they are to acquire three light industrial portfolios Summit Industrial Income REIT (Summit II REIT) announced that they have waived conditions and would acquire the portfolio of three light industrial properties located in Laval, Quebec and in Brampton and Barrie, Ontario.
William Lynch filed a surprise resignation last Monday that could result for Barnes & Noble to redirect its focus to retail selling of its books through outlets.
