CA Technologies confirms news reports that it has acquired Layer7 Technologies. A VentureBeat report was confirmed by Reuters of the disclosed plans of CA Technologies to acquire Layer7.
Regions
Asia United Bank to go on IPO
Asia United Bank is planning to sell 88 million in primary common shares priced at Php 110 per share.
Greek Asset Sale Fund asks revised bid from Emma Delta for Opap
Greek asset sale fund seeks revised bid for Opap SA from Emma Delta. Opap SA values fell after the Greek state asset sales fund sought assistance from Emma Delta, after the latter is the only firm that submitted a valid binding bid for the gambling company.
HSH Nordbank Loans Ship Portfolio to Navios Group
HSH Nordbank, in a bid to lower financial risk, has loaned to the Navios Group ten ships. The world's largest shipping bank, HSH Nordbank AG has entered into an agreement to sell a fleet of ten unprofitable vessels to Greek freight giant Navios Group.
Onexim to consider shareholdings in OAO Rostelecom
Onexim is now in discussion as to shareholdings purchase in OAO Rostelecom. Onexim Group, which is owned by Russian billionaire Mikhail Prokhorov, has said it may consider the purchase of a 10.
Latest News
Accor shareholders may pressure CEO to leave due to dismal performance. According to a Reuters report, Chief Executive Officer of Accor may be expelled by the company's board by Tuesday due to weak performance of the company shares in the local bourse in the past months.
Ayala Corp's Stream Global purchases LBM Holdings of UK for an undisclosed amount. Ayala Corp's outsourcing unit has completed the acquisition of the top business process outsourcing companies in the United Kingdom.
Google's 4.4% increase helps S$P meet its averages in a dismal week. Earnings from Google buoyed a stock rise in technology shares last Friday. The gains from this market segment was unable to counteract the worst week in the S&P 500 since November.
Spondo raises Aus$1 million for capital expenditures. Spondo Global CEO & Director Chris Adam undertook a series of fundraisers in Melbourne before proceeding to the United States for the first part of a two-month fundraising itinerary.
First round capital funding for popular The Football App reaches Eur10 million. The Football App was able to increase its first institutional funding with a Eur10 million Series A capital funding from a group of investors headed by Earlybird Venture Capital.
Vidyo raises another US$17.1 million in investments. In an announcement today, Vidyo, Inc disclosed that it was able to secure an additional US$17. 1 million in financing.
Due to the lack of promised reforms, many investors are moving their investments from Russia to other countries.
The increase in the required pension fees for CalPERS is a good move according to Moody's Investor Services.
The oversubscription of the San Miguel Corp bond issue brings with its dislocation according to institutional investors.
