Sinopec Acquires Marathon’s Angola Oil Fields

Sinopec Group of China agreed to buy Marathon Oil Corp's Angola offshore oil and gas field called Block 31 in a US$1.52 billion deal.


Sources: Vodafone to Propose a New Bid for Kabel on Monday

Two sources told Reuters on Sunday that Vodafone proposed a new bid for Kabel Deutschland early on Monday.

Lloyds Asks for Two Year Extension on Branches Sale

Lloyds Banking Group asked for a two year extension from the European Commission for the sale of its 631 branches.

KIPCO to do IPO of OSN

KIPCO's pay TV unit OSN is preparing for an IPO. (Photo : Reuters)The image is OSN's corporate logo. Kuwait's largest investment firm in terms of assets, Kuwait Projects Co, announced last Saturday that it had engaged the services of Rothschild financial group to provide advice for an initial public offer of OSN, its pay television company.


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CVC Capital Partners and Apax Partners LLP show promising results as one of the top buyout firms in Europe.
AIG's International Lease Finance Corp would do an IPO or sell of its assets to a Chinese group.
Rampant speculation on Fed Reserve actions have caused German, Italian and Spanish bonds to decline.
Bank regulators are now considering increasing the simple leverage ratio to 6%. (Photo : REUTERS)The JP Morgan Chase & Co. headquarters is pictured in New York In a surprising move, US regulators are now studying a proposal to double the minimum capital requirements for its largest banks.
The contraction of the economy and cash shortages have been stretching the management abilities of the newly installed leadership of the Chinese Communist Party.
Fed Reserve Chairman Ben Bernanke's remarks have caused major tumbles in world financial markets.
Taiwan approves several foreign investments and local investors' attempt at China. (Photo : Reuters)The image is the Taiwanese flag unfurled over the business district.
Arsenal Capital Partners bought ADCO Global, a portfolio company of Aurora Capital Group. (Photo : Reuters)This is an image of a man working with adhesive tools.
Beijing Automotive established BAIC International Development Co to lead overseas acquisitions. (Photo : Reuters)The image is a snapshot of a Chinese roadway.
Site Scout purchased intellectual property assets by AdBrite. (Photo : Reuters)These two screens exhibit online advertisements. Site Scout Inc. has announced that is has purchased intellectual property assets produced by AdBrite Inc.