Linde's acquisition of Lincare provides boost in profit for the first quarter. Linde, the world's second largest industrial gas producer, reported a 12.
Investors
Clearwire Board Supports Sprint Bid
Clearwire issues a statement recommending the acceptance as the best option for minority shareholders.
Inergy Purchases Crestwood
Inergy Midstream to purchase Crestwood Midstream for an estimated US$1.25 billion. Inergy Midstream LP is a pipeline partnership that was traded publicly a year and a half ago.
Commercial Bank of Dubai Offers First Ever Bond Issue
The Commercial Bank of Dubai has chosen three banks to manage its bond issue estimated at US$500 million.
Some Verizon Shareholders Open To Pay Premium For Vodafone Shares
A small number of Verizon Communications shareholders are willing to pay up to 30% premium for Vodafone shares.
Latest News
GM, in a letter obtained by the Wall Street Journal, said it would increase its capital funding in the US compared to China.
According to Alibaba CEO Jack Ma said that the IPO would be coming soon. The world's largest online retailer is trying to avoid experiencing the issues Facebook had faced with its initial public offer.
The private equity owners of Neiman Marcus are either selling off the asset or would list an IPO to raise capital funds.
A consortium of private equity firms are in the process of buying out BMC Software. A consortium consisting of Bain Capital and Golden Gate Capital Corp are near to finalizing a deal that would lead to the acquisition of BMC Software.
The M&A market is now primed for growth after a dip in the past few months. Cash rich companies are now in the midst of a mergers and acquisition spree that can help boost the European equities market rally after being stalled for quite some time.
Qatar's investment firm Qatar Foundation Endowment purchases five percent shareholdings in Bharti Airtel.
The Commercial Bank of Rwanda is the first IPO to be done in the Rwandan Stock Exchange. Rwanda has just announced that two companies, namely the Commercial Bank of Rwanda and the national air carrier RwandAir would be listing in the country's fledgling stock market.
Ray Irani bids adieu to Occidental. Occidental Petroleum Corporation's Chairman Ray Irani was ousted from his position as Chairman last Saturday by the shareholders of the firm.
Kingdom Holding obtains refinancing for its Savoy Hotel purchase loan. In an announcement, Saudi Arabia's Kingdom Holding Co agreed to enter into a refinancing agreement on the debt it had used to purchase the Savoy Hotel in London.
