ADM proposed takeover deal of GrainCorp overcame its first regulatory hurdle with the Australian watchdog.
Investors
ONGC Videsh Looks at Energy Assets in US; Oil India Nearing Acquisition for Africa Asset
ONGC Videsh looked at another energy asset in US while Oil India neared acquisition for an African oil and gas asset.
Bumi Agrees to Recover Missing US$173 Million
Yesterday, Bumi agreed to recover the missing US$173 million from its former CEO, Rosan Roeslani but is still subject to shareholders' approval.
Former Partner Sues Kleiner Perkins Caufield & Byers
A high profile lawsuit was filed against venture capital firm Kleiner Perkins Caufield & Byers by an ex-partner with allegations on harassment, retaliation and discrimination.
Repsol Rejects YPF US$5 Billion Offer
On Wednesday, Repsol’s board of directors announced that it has rejected a noncash offer from YPF valued at US$5 billion.
Latest News
GM set to expand its operations in Mexico. (Photo : Reuters)The image is a GM parking lot with recently manufactured vehicles in a row. Last Wednesday, General Motors Co had unveiled plans for the expansion of its Mexican operations, investing US$691 million into the country.
The initial pegged price for HD Supply Holdings IPO shares was not achieved, as buyers bought the shares at below set prices.
Oracle and NetSuite unveiled an alliance agreement to deliver cloud-based services to business clients.
Verizon Communications Inc. made an offer to buy Wind Mobile as a means of reentering the Canadian market to boost its growth prospects.
Dish Network Corp has retreated the takeover battle for Clearwire Corp that ended the bidding war between Dish and Sprint Nextel.
Sunglass maker Italia Independent will do IPO at the Milan junior AIM stock market. (Photo : Reuters)The image is Lapo Elkann, the CEO of Italia Independent.
According to an IFR report, UK mutuals may not be able to survive the tough new regulations imposed by UK authorities.
According to the German antitrust regulatory authority, the ownership of other service providers would delay and hamper Liberty Global's purchase of Kabel Deutschland.
After a previous disapproved bond issue, British Airways again attempts to float asset backed bonds to raise funds.
