Deutsche Börse will soon launch its new block trading service, Liquidnet. Deutsche Börse announced that it will soon launch Liquidnet, its new block trading service.
Sectors
EMI breaks buyout records
EMI broke buyout records. The EMI Group Pension Fund secured a buyout with Pension Corporation last week. The buyout was worth GBP1. 5 billion, which is considered to be the largest deal to date.
Travellers International to go through with expansion plans depite IPO delay
Travellers International stated that it would go ahead and spend US$600 million on expansion depite IPO delay.
Falcon acquires 24% interest held by Sweetpea Petroleum
Falcon Oil & Gas Ltd acquired the 24% interest owned by Sweetpea Petroleum for Falcon's subsidiary, Falcon Oil & Gas Australia Limited (FOGA).
Honda, local auto maker team up to build Acura cars in China
Honda teams up with Guangzhou Automobile Group to get a share of the market pie in China. Honda Motor Co. has partnered with Guangzhou Automobile Group to manufacture and distribute Acura cars in China beginning 2016.
Latest News
Kofax received US$1.2 million for accounts payable processing from a global logistics company. Kofax PLC announced receipt of US$1. 2 million from a global logistics company.
Chatham announced that the net proceeds they got from their IPO did not meet its expectations of US$4 million.
UCP Inc announced the pricing of its initial public offering for 7,750,000 worth of stocks. UCP Inc announced the pricing of the company's initial public offering.
Suntory Beverage & Food Ltd. planned to spend more on purchases and considered Del Monte Pacific Ltd. as its new takeover target.
Erste's capital hike raised net proceeds of Eur632 million. Erste Bank Group stated that it had a capital increase this month. This was after the group's foundation decreased its stake.
Billabong announced that they are studying competing proposals for new refinancing. Billabong International Ltd. announced that they will study competing proposals from two US based debt investors.
First Data Corporation and Profit Technologies announced that they would work together to provide better service to financial clients in the Asian market.
The proposed US $24.4 billion deal to buyout the computer maker company keeps on dragging leaving to shareholders the decision whether to postpone vote or raise its share prices.
Interesting investment opportunities are picking up, according to 3i Chief Executive. 3i, a British private equity investor, said Thursday that investment opportunities were starting to pick up.
