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OAO Uralkali set to transform potash market
OAO Uralkali's exit from a joint venture with a Belarusian miner is bound to transform the US$20 billion potash market.
Baidu Inc stamps "sold" to US$1 billion worth of bonds
Baidu Inc gains a US$1 billion funding from the sale of five-year bonds. Baidu Inc announced that they have sold US$1 billion of five-year bonds in China's largest corporate bond sale.
KKR evaluates possible bid for ParknShop
KKR & Co announced that the company is currently considering a possible bid for Hong Kong's ParknShop.
Sithe Global announces new management team
Sithe Global Power announced that Bruce J. Wrobel chief executive officer and chairman is stepping down and that Martin B. Rosenberg and Brian H. Kubeck are to succeed him.
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Techno Electric & Engineering announced that it is considering investments from private equity firms to finance growth and expansion projects.
Private equity firm Blackstone Group LP announced that they are planning to work with Deutsche Bank AG regarding rental home bonds.
IHS GmbH confirmed that Battery Ventures had acquired the group's shares in Kings Park Capital.
Spanish industrial engineering company, Technicas Reunidas SA announced that they are in the final stages to win a US$1 billion contract for a natural gas processing plant.
Sources said that Janalakshmi Financial Services is close to its equity fund raising target of INR300 crore.
Norwegian Cruise Lines' investors TPG Capital, Apollo Global Management LLC and Genting Hong Kong Ltd are set to sell US$600 million worth of holdings.
Cubist Pharmaceuticals widens antibiotics portfolio with the Optimer Pharmaceuticals Inc and Trius Therapeutics Inc acquisition.
GE Energy Financial Services stated that it had agreed to invest US$43.2 million for a stake in Gati Infrastructure.
Kinetic Concepts Inc. revealed that they had signed an investment agreement to acquire Systagenix for US$485 million.
Australia's Nine Entertainment said that they are aiming to raise US$1.1 billion through an initial public offering.