Unicredit has announced the implementation of a buy-back scheme for outstanding bonds. Italy's largest bank in terms of assets had announced it would be buying back senior bonds.
Investors
Brazil is Goldman Sach's New Growth Area
According to President and COO Gary Cohn, Brazil is the new frontier for growth for Goldman Sachs. In a bid to increase its base of corporate clients in Brazil and neighboring countries, Goldman Sachs President and COO Gary Cohn said that it would respond to increased demand for corporate loans, advisory services and structure financing in the country.
Valeant Raises Buyout Offer for Obagi
Valeant increases its offer to acquire Obagi after Merz Pharma tops its previous offer last month. Cosmetics products maker Obagi Medical Products Inc.
RBS Directors to Stand Trial
According to a shareholder group, RBS and its directors should stand trial for lost share value in the bank because of the acceptance of the bailout plan.
Paypal to Invest in Online Merchants
Paypal now not only looks after the online shopper, but also the online merchant. Paypal, eBay's online payment business already lends financing to its online shoppers.
Latest News
Belgian firm Alfacam is now in rough waters financially after its credit line was cut off for breach of covenants.
Dish Network would offer senior notes amounting to US$2.3 billion, double its previous announcement.
DAMAC Properties would be listing publicly in the Dubai bourse amidst high interest for IPOs in the region.
Midokura's network development software boosts its capital infusion with US$12M from INCJ and US$5.2M for other investors.
Telefonica Deutschland would be selling off Euro denominated bonds. The German subsidiary of Spain's largest phone company, Telefonica Deutschland Holding AG is now preparing to offer for sale of Euro denominated bonds as early as this month.
The German construction firm Hochtief is pushing to become leaner in its process to divest assets for the long term.
PT Saratoga Investama Sedaya and PT Mitra Pinasthika Mustika would be listed for their individual IPOs in Indonesia's bourse this year.
AstraZeneca purchases AlphaCore and its up and coming cholesterol drugs. AstraZeneca purchased through private placement US biotech company AlphaCore Pharma.
Astorg Partners leads the consortium that will purchase Canberra from Areva. Areva. the top nuclear reactor builder of France announced that it would be selling its nuclear radiation measurement subsidiary to a private equity group.
