According to a source, the sale of ThyssenKrupp's Brazilian steel mill was not imminent. The intended sale of the steel mill of ThyssenKrupp in Brazil was unlikely to transpire right away, a source familiar with the transaction said.
Sectors
Opus Bank forms Commercial Real Estate Banking division
Opus Bank gears up for the expansion of its Income Property Banking division with the creation of Commercial Real Estate Banking division.
AT&T’s Leap deal adds pressure on smaller rivals to bulk up
AT&T's acquisition of Leap puts pressure on smaller rivals to make mergers and purchases of their own.
PacTrust Bancorp's merger is “unique to Southern California”
PacTrust Bancorp's merger is “unique to Southern California,” according to Robert Franko, PacTrust Bank President and CEO.
Experian: Telecom M&A do well in the UK
According to Experian, telecom M&A are doing well in the UK. According to Experian, there was an increase in mergers and acquisitions for the telecoms section in the United Kingdom.
Latest News
The China-based holdings company intends a Hong Kong IPO once the deal with the US pork producer is completed.
Zecotek Photonics Inc.'s subsidiary, Zecotek Imaging Systems Pte. Ltd., signed a joint collaboration partnership agreement with Japan's Hamamatsu Photonics.
Assicurazioni Generali SpA agreed to sell private equity fund stake to Lexington Partners. Assicurazioni Generali SpA announced that they have agreed to sell private equity fund stakes to Lexington Partners, Inc.
Zambia would invest US$410 million to build an oil refinery that could lower the fuel costs. Christopher Yaluma, Zambia's Mines and Energy Minister, stated that the country planned to build an oil refinery worth US$410 million.
Multimedia Plus announced the successful conclusion of their private financing with individual investors. Seperately, the company also announced that Ernest Pomerantz has joined the company's board of directors.
Venture capital reached US$1.3 billion in New York. Venture capital fundraising in New York reached US$1 billion. This figure was for the first half of the year.
Jersey Finance welcomed another key step towards meeting AIFMD requirements. Jersey Finance welcomed another key step towards meeting the requirements of Alternative Investment Fund Managers Directive (AIFMD).
The London-based online music provider tries to break into several Asian counties in an effort to race with Pandora in global expansion efforts.
AT&T Inc's deal to sell Leap Wireless International Inc.'s block of airwaves clouded the real value of the acquisition.
