Diageo Plc, the world's largest distiller acquired control of United Spirits Ltd (UNSP), a well-known maker of Bagpiper whiskey in India.
Sectors
China-Pakistan bond strengthen after pipeline investment
After China's interest in the Pak-Iran pipeline project, the ties between the two countries are said the have been strengthened.
European Central bank and Bank of England assisted five-week high growth of Japan's Nikkei share
Because of the strong commitments to European Central Bank and Bank of England's easy money policies, Japan's Nikkei share average soared to a five-week high.
No 75% Control of Hindustan Unilever, Investors Rather Hold On to Stocks
Unilever was unable to raise its holding in Hindustan Unilever Ltd (HUVR) to its goal of 75%. (Photo : reuters. com)Unilever seeks to gain 75% control of Unilever Hindustan Unilever's public offer of INR600 a share to gain higher control over Unilever Hindustan was met with lukewarm response.
Disagreement over Reported Bid Values for Lloyd's Banking Group
Disagreement as to how much was offered for 632 Lloyds Banking Group PLC ensued between NBNK Investments PLC owner Peter Levene and the Lloyd's CEO Antonio Horta Osorio.
Latest News
ECI Partners exited Clinisys. (Photo : Reuters)This is the logo of ECI. ECI Partners, among the most successful private equity groups based in the United Kingdom, exited CliniSys.
Stolt-Nielsen Limited announced the withdrawal of Transpetrol from joint venture (Photo : Reuters)Stolt-Nielsen Limited announced Transpetrol's withdrawal from joint venture Stolt-Nielsen Limited made the announcement that Transpetrol Gas Holdings Limited (Transpetrol) opted to buy back gas carriers that they sold to Avance Gas Holding Ltd (AGHL).
John Garland created an 888 Fund which aims to attract the wealthiest investors in Asia. (Photo : Reuters)This is an Australian dollar. John Garland, a businessman from Perth, Australia, formed an investment fund in an attempt to attract Asia's wealthiest investors to the Australian market.
Google's acquisition of Waze could put Israel's tech development industry back on the map, analysts said.
Dixon Advisory raised US$161 million for a new commercial asset fund. (Photo : Reuters)This is the logo of Dixon Advisory. Dixon Advisory, a financial planning entity, announced today that raised a total of US$161 million for a new commercial property fund.
EBX Group's shares were considered worthless as the company officially breaks up today. (Photo : Reuters)This is Eike Batista. The exit of Brazilian billionaire Eike Batistsa from MPX Energia officially started the collapse of his former industrial conglomerate giant EBX Group.
Manila Water Company's (MWC) stock prices plummeted after a week since it was reported that the water regulator was letting its consumers pay for its taxes.
Maybank invested on technology firms across four Southeast Asian countries to help its business processes.
Lanco Infratech Ltd. (LANCI), an Indian power conglomerate still remains optimistic about its Australian mining business, despite being caught up with liquidation proceedings for tax problems.
