State-owned 1Malaysia Development Bhd raised the target for its IPO to USD 3 billion, according to a source interviewed by Reuters.
Regions
China's biggest construction firm eyes GCC projects
According to CSCEC CEO Yu Tao, the company's experience in building and maintaining housing projects would be key to address the needs of the GCC countries.
Serbia seeks loan from UAE
Serbian Deputy Prime Minister Vucic confirms on television that he had asked his friend UAE Crown Prince Mohammed Bin Zayed for a loan.
China regulators investigate Bayer for unfair competition
Bayer said regulators in China were investigating their local office in the mainland for alleged unfair competition practices.
KKR considers joining forces with Japanese investment fund to buy Panasonic unit- reports
Media reports said US private equity firm KKR was considering an alliance with a Japanese government-backed investment fund for its bid of the healthcare unit of Panasonic.
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British telecommunications giant Vodafone Group announced on Thursday that it had secured at least 75% shareholder backing for the approval of the EUR7.7 billion or USD10.2 billion takeover bid for Kabel Deutschland.
A source told Bloomberg that Japan Display would be holding an initial public offering to raise JPY 200 billion or USD 2 billion.
Sources told the Wall Street Journal that JPMorgan & Chase would be allocating USD 4 billion to strengthen its oversight controls.
In separate statements made public today, Fresenius SE and Rhoen-Klinikum AG agreed on a USD4.1 billion acquisition deal of 43 hospitals in Europe.
Analysts predicted that Multimedia tracker Rentrak Corp. would be a potential target among companies who require ratings analysis on consumer digital content habits.
McDonald's made a buyout offer to Vikram Bakshi as the giant fast food chain planned to effectively settle dispute between the two sides.
Bruker Corporation announced today its acquisition of Prairie Technologies Inc, a provider of life sciences fluorescence microscopy products.
US Bankruptcy Judge Sean Lane approved American Airlines' petition to exit bankruptcy today at a court hearing held in Manhattan.
Walt Disney Co. announced its plans to buy back around USD6 billion to USD8 million stock starting 2014.
