Indonesia’s IPO market overturned after foreign and local funds exit from Jakarta after being threatened with a wave of global volatility and valuations.
Sectors
Vestas sells wind plants to Lukerg Renew
Lukerg Renew gains ownership of Vestas Wind Systems' wind power plants. (Photo : Flickr/slettvet)Google Inc. has invested around $200 million in a Spinning Spur Wind Project, a 161-megawatt facility located in Oldham County, Texas.
AirAsia X raised $308 in IPO despite risks
AirAsia X gained $308 million in its IPO. (Photo : Reuters)AirAsia is completing its deal to buy up to 100 jets from Airbus. AirAsia X, AirAsia Bhd. 's long-haul subsidiary, announced that it has defied odds and successfully gained an amount close to $308 million in a share sale held in Kuala Lumpur.
Belgium's US$1 billion Bpost IPO Bodes UK's Royal Mail
Belgium's postal service, Bpost made a robust debut in the market on Friday which bodes UK's Royal Mail.
Highland Capital and Leap Motion strike $25 million partnership
3D technology provider Leap Motion partnered with Highland Capital to create Leap Fund worth $25 million.
Latest News
Medioblanca will sell stakes as part of its revival campaign. (Photo : Reuters)This is an image of Telecom Italia's logo. Italy's largest listed investment bank Medioblanca SpA is planning to sell its stakes in firms which include Assicurazioni Generali SpA and Telecom Italia SpA.
Voklswagen named Ulrick Hackenberg as Audi's new head. (Photo : REUTERS) Volkswagen AG recently announced Ulrich Hackenberg as the new head of its Audi brand, replacing Wolfgang Duerheimer.
PepsiCo India left the company today to pursue other endeavors. (Photo : Reuters)This is an image of a Pepsi product. PepsiCo Inc. 's Indian operations president Manu Anand quit his position today after serving the globally iconic snack food producer for 19 years.
Russia's Rosneft agreed to double its oil supplies to China on Friday. (Photo : Reuters)The image shows the company logo in a Rosneft petrol station.
CVC Capital received Eur7 billion in its six-month round. (Photo : Reuters)The image is the corporate logo of CVC Capital Partners. CVC Capital Partners Ltd.
Sky Deutschland's supervisory board will be joined by James Murdoch, causing the shares of the company to fall.
SoftBank executive Masayoshi Son announced confidently that the deal offered for Sprint will be completed in July.
Dish Network abandoned its bid to buy Sprint Nextel. (Photo : Reuters)The image is the corporate sign of Dish Network set on its office facade. Dish Network stopped its bid to acquire Sprint Nextel Cop.
Al Noor to conduct IPO to raise funds for growth and expansion. (Photo : Reuters)The developing areas of Abu Dhabi are featured in this image. Al Noor Hospitals, the Abu Dhabi based healthcare company, has priced its initial public offer in London at GBP5.
