The oil and gas company released convertible notes worth US $1.905 million to fund project in South Australia.
Sectors
Yanzhou Offers To Buy Remaining Shares In Yancoal
Yanzhou of China offered to buy the remaining shares that they do not yet own in coal mining company, Yancoal
Clearwire Shareholders Favor Sprint Nextel’s Bid
The shareholders at Clearwire approved the buyout bid from Sprint Nextel to acquire more than 49% of the company that it does not own on Monday.
Barnes & Noble CEO Resigns
Chief Executive Officer for Barnes & Noble William Lynch resigned on Monday after failure to lead the US bookstore chain to compete against Amazon.com and Google Inc in the online market.
Accenture reinforces its services with Acquity Group Acquisition
In its bid to enhance the services it provides, Accenture buys Acquity Group Ltd for US $316 million
Latest News
The data server company clinched a deal with Summit Partners to fund its expansion. Real-Time Big Data Server company WebAction, Inc announced that it has clinched an US$ 11 million financing for research and development expansion, sales and marketing investment increase and other business expansion endeavors.
UK's BlikBook continues its growth as it enters another round of financing to defray investment costs and business expansion.
Future Fifty hopes to encourage start up companies in UK to expand globally and be at par with Google and Amazon.
LVMH takes over majority of Loro Piana for US $2.57 billion LVMH Moet Hennessy Louis Vuitton agreed to buy 80% of Loro Piana SpA, one of the premier textile producers in Italy, for US $2.
Advantage Insurance enlists the help of GSO Capital Partners, a Blackstone Group affiliate, as its portfolio advisor.
Friendly's Ice Cream LLC takes over the American-themed company, which has over 300 corporate and franchises.
Edward (Ted) Marple takes the lead of the research organization as its founder Paul Wengender focus on the business aspect.
The company, more popularly known for its sewing machines, aims to rake in as much as US$200M from IPO.
Osram Licht AG's shares dropped by 2.4% and settles at Eur 23.65 on Monday Osram Licht AG, a German lighting and specialty lighting manufacturer second only to Philips, saw a drop in its shares by 2.
