Barclays to issue convertible bonds for more capital. Barclays, in a move to address possible concerns, is formulating a plan to seek shareholder approval to sell bonds that are convertible to shares should the bank hit troubled waters.
Investors
CNOOC closes $15.1 billion acquisition of Canada's Nexen
The contentious $15.1 billion takeover of Canadian oil and gas company Nexen Inc by Chinese state-owned entity CNOOC Ltd closed on Monday
Carlyle Prepares to Sell Arinc, Hires Banks -sources
Private equity firm Carlyle Group LP is preparing to sell aerospace and defense company Arinc Inc Private equity firm Carlyle Group LP is preparing to sell aerospace and defense company Arinc Inc and HAD hired JPMorgan Chase and Evercore Partners Inc to advise on the process, people familiar with the matter said.
Whitworth Purchases Stake at SPX
Whitworth's Relational Investors expands industrial stake portfolio. Relational Investors LLC, the flagship firm of Ralph Whitworth, recently disclosed its stake at SPX Corp.
HP's WebOs Operating System to be Acquired by LG Electronics
LG Electronics will be using webOs operating system from Hewlett-Packard for its internet-connected TVs.
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Apache partners, a UK-based investment advisory firm, will be setting up a fund with main focus equities and fixed income in key markets.
Greenbriar has been negotiation to buy solar product properties as it focuses on expanding real estate business.
The auto maker is not expecting China Investment Corp. to buy 10% in the company (Photo : Reuters) Bodo Uebber, chief financial officer of Germany's car manufacturer Daimler, said that they are not expecting sovereign wealth fund China Investment Corp.
Richter has said that it has formed a new joint venture with its marketing partner to improve direct presence in the Chinese pharmaceutical market.
Royalty Pharma has been making big approaches to acquire the royalty rights for Tysabri from the Irish drug maker.
The following are mergers under review by the European Commission on Monday. The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS - Private equity firm Triton to acquire Finnish grocery chain Suomen Lahikauppa from IK Investment Partners (approved Feb.
Copperbelt will pay $164 million to take 60% stake at Abuja Electricity Copperbelt Energy Corp. of Zambia has announced that it would acquire 60% of the stake at Abuja Electricity Distribution Co.
Barilla, world's largest pasta manufacturer, will be selling its German unit to focus on high-margin food products.
Pearson denies plans to sell Financial Times. (Photo : Reuters) Pearson, the British education and media group, through its new CEO reiterated that the Financial Times is not for sale.
