Suntory Holdings Ltd's food and soft drinks unit was set to price on Monday hoping to raise as much as US$4.8 billion.
Sectors
Dubai Increases Asset Sales, US$30 Billion Debt Draws Near
As its debt drew near, Dubai increased asset sales to pay its US$30 billion worth of debt next year and another US$9.6 billion debt by 2015.
Telefonica to Sell Irish Unit to Hutchison Whampoa
Telefonica SA agreed to sell its Irish arm to Hutchison Whampoa Ltd priced at Eur850 million. (Photo : Reuters)The image is Telefonica's logo. Spain's largest telephone company, Telefonica SA agreed to sell its Irish unit to Hutchison Whampoa Ltd.
Vodafone Announces Kabel Deutschland Agreed Deal
Vodafone agreed to acquire Kabel Deutschland priced at Eur7.7 billion and would be the biggest deal since 2007.
NZ's Synlait Milk to raise NZ$120 mln in IPO
New Zealand's Synlait Milk Ltd. planned a share sell off and an IPO to raise a total of NZ$120 million making it end the majority stake held by China's Bright Dairy.
Latest News
Kuwaiti Sheik Meshal Jarah al-Sabah sued UBS AG in a Dubai court valuing the case at US$21.4 million.
Billionaire Kumar Mangalam Birla's daughter Ananyashree Birla offered credit to women in villages in Maharashtra state.
Echo Entertainment submitted plans valued at US$1 billion for expansion. (Photo : Reuters)The image shows people playing in a casino. Echo Entertainment, an Australian gaming firm has submitted plans for a US$1 billion expansion.
Rio Tinto decided not to sell its diamonds arm with the company's CEO stating that the firm is well positioned to capitalize its unit on the positive market outlook.
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.
Two sources told Reuters on Sunday that Vodafone proposed a new bid for Kabel Deutschland early on Monday.
Lloyds Banking Group asked for a two year extension from the European Commission for the sale of its 631 branches.
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.
Luxoft, the software development firm of the IBS Group, is preparing for an IPO in the New York Stock Exchange.
