The Costa Rican republic would issue two tranches of US dollar denominated bonds at US$500 million each.
Sectors
Drake & Morgan Supported by Bowmark Capital
Bowmark Capital invests in Drake and Morgan after the management buyout. Bowmark Capital, a medium market equity firm based in the UK expressed support for the financial expansion and management buyout of Drake & Morgan.
Cervel Neurotech Announced Completion of Funding Round
Cervel Neurotech completes funding and raises US$14.1 million. Cervel Neurotech disclosed in an announcement today the completion of its funding round and its raising of US$14.
Bharti Airtel Acquires Warid Telecom
The Ugandan mobile telecommunications market grew smaller when Bharti Airtel, the second largest, acquired the third largest, Warid Telecom Uganda.
Piraeus Gets Shareholder Approval
Piraeus obtains shareholder approval for share issues and convertible contingent bonds. The second largest banking institution in Greece, Piraeus Bank, obtained shareholder approval last Tuesday for a Eur7,33 billion or US$9.
Latest News
PT Dyviacom Intrabumi is raising funds for expansion plans. PT Dyviacom Intrabumi, the Indonesian Internet service provider is aiming to raise 7 trillion rupiah or US$720.
IAG purchases Vueling at Eur9.25 per share totalling Eur123.5 million. The Spanish stock market authority announced last Tuesday that IAG airline had enough bid acceptances to gain control of the airline Vueling.
Rosneft CEO Sechin changes tact with Rosneft minority shareholders. The head of Russian top oil producer Rosneft, Igor Sechin announced last Tuesday he is reiterating his cooperation with the minority shareholders of TNK-BP Holding.
There has been a solution reached by Romanian and Cypriot authorities for the local unit of the Bank of Cyprus.
STMicroelectronics NV has gone on a separate path from its former partner Ericsson. STIMicroelectronics NV has unveiled new products to address chip demand and increase boost sales for the second half of 2013.
Affin Holdings squelched rumors as to the supposed takeover bid by AMMB Holdings. Affin Holdings Bhd has squashed speculations that it is discussions with AMMB Holdings Bhd regarding AMMB's acquisition of the company.
GSK would form a joint venture partnership with Avalon Ventures to provide financial and technical support to drug-discovery start up companies.
Credits Suisse sells off its buy and sell private equity fund to Blackstone for an undisclosed amount.
Sprint-Nextel's board of directors has formed a special committee to evaluate the bid made by Dish Network.
