Australia-based IDP Education, the world's largest provider of international student placement, is considering the sale of its shares through an initial public offering (IPO) in 2014.
Regions
Philippines' Banco de Oro raises PHP5 billion through high-yield deposit offer
Banco de Oro (BDO), the top lender in the Philippines, has successfully completed a PHP5 billion fundraising through an offering of high-yield deposits to retail and institutional investors.
Mulally, Nadella are top contenders for Microsoft CEO- sources
Sources interviewed by Bloomberg said the Microsoft Board had favored Ford CEO Alan Mulally and internal executive Satya Nadella as the front runners to lead Microsoft.
Advocate, skeptic share views on the future of Bitcoin-report
Bitcoin advocate Mike Hearn and skeptic Dr. Stephen Kinsella shared their opposing views on the future role of the digital currency in a BBC News report.
Sony PlayStation 4 tops Black Friday wish lists
A new survey by Nielsen said 33% of active gamers intend to buy Sony's PlayStation 4, while 22% of those surveyed said that they will buy Microsoft's Xbox One. PS4 was released two weeks ago, while Xbox hit the stores last week.
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Virtual currencies are all the rage these days, with Bitcoin at the lead. A report on The Irish Times examined the other solutions that the digital money could provide.
Specialty Fashion Group, the biggest women's fashion seller in Australia, bought the Rivers clothing brand for USD5 million and plans to increase the number the Rivers outlets from 160 to 220.
American private equity firm KKR & Co LP reportedly agreed to commit USD200 million in Indian injectables manufacturing company Gland Pharma. The deal could put the company's valuation around USD600 million to USD650 million.
The Bitcoin is doomed to fail because it is private money. This was the view expressed by Edward Hadas, the economics editor of Reuters' Breakingviews.
Hong Kong-based Shuanghui International Holdings intends to offer a counter bid for Spanish meat processor Campofrio. Mexican food company Sigma Alimentos earlier offered Campofrio a takeover deal worth EUR695 million.
Australia-based gas and oil explorer Octanex said the main reason for its merger with Peak Oil & Gas was the latter's access to exploration projects in the Philippines and in Indonesia.
Charter Communications Inc is raising USD25 billion in debt to fund the acquisition of Time Warner Cable Inc, according to a source familiar with the matter.
The competition is growing in the world of virtual currencies as other rivals tout their advantages over the bitcoin, a report from The New Y0rk Times The Dealbook reveals.
German bank Deutsche Bank AG is reportedly negotiating the sale of Tilney Investment Management to British private equity firm Permira. Permira has beaten other rival bidders for Tilney, including Brown Shipley & Co.
