Investors
Turkish Firm to Launch Sukuk Issue
Agaoglu to float sukuk or Islamic bonds. One of Turkey's largest construction and real estate firms, Agaoglu Group is in the midst of planning the issuance of US$2 billion worth of sukuk or Islamic bonds.
Zain IPO would offload Iraqi Unit
Zain Iraq's IPO would lower Zain Kuwait's stake in company. Zain, Kuwait's largest telecommunications operator would be selling of its Iraqi unit through an IPO.
CVC Holds Early Talks to Bid for Britain's McCarthy & Stone
Private equity firm CVC is holding early talks with McCarthy & Stone's former chairman Alan Bowkett to decide on the bid for acquiring the UK's argest retirement home builder.
Arsenal Say Kroenke Has No Intention to Sell Majority Stake
The soccer club Arsenal insisted that its American billionaire Stan Kroenke, who owns a two-thirds in the London club, has no plans for selling his majority stake despite criticisms.