Grupo BTG Pactual exercises option over MPX Energia shares

Andre Esteves' Grupo BTG Pactual exercised option to purchase MPX Energia shares. The investment bank controlled by tycoon Andre Esteves, Grupo BTG Pactual, had announced the exercise of an option to acquire 28.


Neiman Marcus nearing deal of over USD6 billion exit deal with PE firms- report

According to sources who told Wall Street Journal, Neiman Marcus would be wrapping its over USD6 billion exit deal with Ares Management LLP and the Canada Pension Plan Investment Board soon.

KPN CFO Hageman resigns, citing 'personal reasons'

Royal KPN NV announced in a statement today that its Chief Financial Officer (CFO) Eric Hageman filed for resignation effective immediately.

Serena Williams bags 5th US Open Championship

Tennis top seed Serena Williams got overwhelmed on her recent US Open Championship victory against player Victoria Azarenka.


Latest News

US engineering firm Jacobs Engineering purchases Sinclair Knight Merz for USD1.2 billion. AUD1. 3 billion is the price tag Jacobs Engineering Group would pay to acquire Sinclair Knight Merz.
Amazon clarified a blog report that the ecommerce firm was preparing its own phone. According to Drew Herdener, spokesperson for Amazon. com, the Seattle based e commerce firm has no plans to introduce a phone in 2013.
Vietnam's largest mall operator had recently decided to withdraw its IPO and bond listing in the SGX due to continued capital flight from emerging markets.
One scenario is the divestment of the L'Oreal shares but Nestle may pull a surprise at the last minute.
Suntory purchases two GSK drink brands for USD2 billion. Japan's Suntory Beverage and Food Ltd has agreed to purchase the Lucozade and Ribena brands from GlaxoSmithKline Plc at a cost of GBP1.
SJM, the gambling firm owned by mogul Stanley Ho, is set to expand with a new casino resort in the Cotai area of Macau.
United Arab Bank recently formalized a sponsorship agreement with FC Barcelona. FC Barcelona, the Spanish football giant, had further strengthened its partnership with the Gulf region as it announced last Sunday the forging of a three year deal with UAE financial institution United Arab Bank.
In an announcement, Qatar Airways CEO formalized an exchange programme between Qatar Airways and British Airways.
Singapore is the listing index for Xyec Holdings instead of Japan. The first Japanese firm to debut exclusively in Singapore, Xyec Holdings Co, plans to expand its information technology expertise to Southeast Asia through local purchases and engagement of local talent.
The discussions of a possible merger between DAE and StandardAero has ended. StandardAero's owner, Dubai Aerospace Enterprise, said it had ended discussions with British aircraft servvices company BBA Aviation.