Air Asia X Bhd makes a modest debut after the recently concluded US$310 million IPO AirAsia X Bhd made a modest market debut after its recent IPO (initial public offering) raised US$310 million to help the budget carrier expand its strong growth prospects for travel to and from Southeast Asia.
Sectors
Pharmstandard offers to buyout shares from rebel shareholders.
OAO Pharmstandard stated they would buyout disgruntled investors at a discount. Russia's biggest pharmaceutical company, OAO Pharmstandard, shrunk the most since May 2009 after its plan to buy out unhappy investors' shares at a discount was revealed.
Kreative acquires shares in Augustine
Kreative Ventures Limited announced that they have acquires additional shares in Augustine Ventures Inc.
BV is now ECRM's major shareholder
Efficient Collaborative Retail Marketing announced that BV Investment Partners is ECRM's majority shareholder.
Legendary in talks of possible deal with Universal
Legendary Pictures owner Thomas Tull is said to be in talks about a deal with Universal Pictures Legendary Pictures, owned by Thomas Tull, has been talking to several other studios as the set contact with Time Warner's Warner Bros.
Latest News
A JPMorgan report made Credicorp a top pick amid continued Peruvian economic growth. According to a JPMorgan Chase & Co. report, Credicorp Ltd. , the Lima-based parent company of Banco de Credito del Peru, may gain up to 32% by the end of this year as the Peru's economy continue to grow.
Global Power announced that they acquired privately owned IBI, LLC. Global Power Equipment Group Inc. announced today that it has acquired privately-owned IBI, LLC.
On Wednesday, Alibaba was reported to use the net proceeds of its IPO to fund more acquisitions as it wanted to broaden its mobile services.
India state-run banks have been required to submit plans on how to raise US$25 billion. To strengthen risk defenses and to comply with recent changes to the Basel III capital standards, India's state-run banks are required this month to decide on methods to put up more than INR1.
BlackBerry CEO asked investors for patience during meeting. Chief Executive Officer of BlackBerry Ltd. , Thorsten Heins, asked investors for more time and their patience at the company's annual meeting on Tuesday.
The U.K. Business Secretary has outlined their plans for the sale of stocks in the state-owned Royal Mail Group Ltd
Tata Motors reported that its investments in Indonesia is aimed to make the country its export hub. Tata Motors Ltd. has made it clear that they will make Indonesia an export hub for their vehicles to the rest of Southeast Asia.
Saudi Arabia funded US$5 billion while UAE offered US$3 billion worth of aid to help Egypt’s struggling economy.
Summit Industrial Income REIT announced that they are to acquire three light industrial portfolios Summit Industrial Income REIT (Summit II REIT) announced that they have waived conditions and would acquire the portfolio of three light industrial properties located in Laval, Quebec and in Brampton and Barrie, Ontario.
