3i Group's stock value hit its highest since 2007. 3i Group's shares closed at a 4-year high as investors proceed to buy into 3i Group's turnaround strategy.
Sectors
ADM gets clearance for GrainCorp acquisition
Today, ADM was notified of an approved clearance by the South African Competition for its proposed acquisition of GrainCorp Limited.
Fox Racing Shox announces IPO
Fox Racing Shox presented its requirements for an IPO to the securities commision. Fox Racing Shox has submitted official documents to become a publicly traded company in an initial public offering potentially worth $120 million.
IPO for Discovery Shores Boracay operator Approved by PH's SEC
Discovery Shores Boracay's IPO plans are approved by the Philippine's securities commission.
Infosys Q1 results as expected, stocks rise almost 15%
Infosys Q1 results were as expected and stocks rose by around 15%. Infosys first quarter report was aligned with market expectations. Shares of the IT firm also rose almost 15% early morning in Friday.
Latest News
Jones Energy Inc announced today commencement of an initial public offering for 14,000,000 shares to be listed on the New York Stock Exchange.
Tax services provider H&R Block said in a statement that it would exit its banking business by selling some of its assets to Republic Bancorp Inc.
Silicon Valley Bank requested a loan receiver for Alvarion Ltd over a US$3 million debt that the bank says it cannot pay.
Safilo Group and Fossil Group, Inc, announced the renewal of their eye wear licensing agreement Safilo Group and Fossil Group, Inc, announced the renewal of their eyewear licensing agreement for the distribution, design and manufacturing of the FOSSIL branded optical frames and the addition of new design for sunglasses.
RWE and Qatar are currently holding talks about possible purchase of RWE's DEA oil and gas exploration and production unit.
Orix Corp. stated it would invest half a billion dollars in fast growing markets. Japan's most active financial firm in acquisition, Orix Corp. , revealed plans to spend JPY50 billion (US$506 million) on buyouts around Southeast Asia and the Middle East within the next 12 months tapping on faster-growing markets.
Billionaire investor Carl Icahn said in an interview with Bloomberg TV his planned sweetening of his takeover bid for Dell Inc with an additional warrant offer.
Quiksilver Inc announced the pricing of a previously announced offering for secured notes. Quiksilver, Inc. announced the pricing of their previous offering for Quiksilver and its wholly-owned subsidiary, QS Wholesale, Inc.
Lloyds Banking Group shares set to be sold to retail investors Lloyds Banking Group announced that half of the government's GBP18 billion stakes in Lloyds is expected to be sold to retail investors.
