Asian shoemaker Stella International Holdings Ltd announced that they plan to expand their own brand in Paris
Sectors
VuQo Inc. expands licensing agreement for Playboy Spirits
VuQo Inc. announced that the expansion of their global licensing agreement with Playboy Enterprises.
Amcor acquires China's Jiangsu Shendra Group
Amcor announced the US$62 million acquisition of China's Jiangsu Shendra Group. Amcor announced the purchase of Jiangsu Shendra Group, a Chinese flexible packaging business, for US$62 million.
JP Morgan explores sale of metal warehouse business
JP Morgan set on exploring sales for their metal warehouse business. JP Morgan Chase & Co. explored options to sell its metal warehouse business. U.
GLG Investors mitigates losses after Sibanthracite Pulls IPO
GLG assumes loss due to fund manager's actions. Sibanthracite Plc pulled out its initial offering (IPO) causing losses for GLG Partners Inc. this was after its former fund manager Greg Coffey blew a bet with Sibanthracite.
Latest News
Unitech has placed 3.6 million square feet of IT space up for sale. Unitech Corporate Parks have offered around 3. 6 million square feet of properties in India's Gurgaon IT Special Economic Zone to a number of private equity firms, said a person who has knowledge of the plans.
San Miguel Corp plans to raise US$4 billion to fund expansion by selling power assets of Meralco. San Miguel Corp. is set to raise an estimated US$4 billion by selling power assets of Meralco.
Alexion Pharmaceuticals Inc sought potential buyers however investors raised concerns about the valuation of the company.
Sources revealed that AG Barr could be buying GlaxoSmithKline's Ribena and Lucozade brands. IRN-BRU producer AG Barr continued to be silent yesterday over reports AG Barr would team up with private equity organisations Blackstone Group and Lion Capital to purchase the Ribena and Lucozade brands from pharmaceutical giant GlaxoSmithKline.
Tnuva Food Industries stated it could go public to improve the company's capital structure. Tnuva Food Industries Ltd. revealed plans that it might consider an initial public offering.
Worldfloat saw its customer base increase due to unique game. Worldfloat, an Indian-based social networking site, expects to have its membership base expand to around 20 million in the next few weeks.
KrisEnergy revealed that it its looking to raise more than SGD270 million in its market debut. KrisEnergy Ltd is looking to receive up to SGD270 million in net proceeds in its initial public offering.
Abu Dhabi Investment Authority laid out plans to invest US$200 million in Indian real estate. Abu Dhabi Investment Authority revealed plans to make investments of about US$200 million in Indian real estate emphasizing a trend for significant Gulf sovereign wealth funds to diversify from developed markets such as Northern American countries and Europe, two sources with knowledge of the deal said.
CLS Bank announced record breaking volume transactions through its system. The globe's largest currency trading settlement system, the CLS Bank, had announced it managed an average of US$5.
