Malaysia Sees New Public Offers

Malaysia's vibrant bourse is now the home of SPAC's in Asia. Malaysia is seeing a new kind of IPO in their bull market, called special purpose acquisition company.


PWC to pay Lehman Brothers European creditors

Lehman bankruptcy administrators PWC announced payment of dividends to European creditors. US investment bank Lehman Brother's investors in its European unit would be repaid in full according to the firm's administrators.

RCS MedigGroup offers recovery plan

The Italian publisher RCS MediaGroup has agreed to a recovery plan. The RCS MediaGroup Board of Directors have approved the terms of a capitalization round and a debt refinancing plan required for its rehabilitation.

US$75 per share bid for Life Technologies now under negotiations

Thermo Fisher's bid of US$75 per share for Life Technologies is under negotiations for finalization over the weekend.


Latest News

Internet retailer Amazon.com Inc has increased stock compensation for key executives in 2012, using Apple as a peer group in helping it determine how much to pay executives.
Google Inc. has reportedly offered a final package of commitments that include some changes in its operations in a bid to settle a European Union antitrust investigation on alleged discrimination against its competitors, according to a source.
Japan's electronics maker Sharp Corp is selling its 9.2 percent stake in Pioneer Corp, according to Japanese newspaper Nikkei
U.S. regulatory anti-money laundering concerns may cause delay in the proposed purchase of Hudson City Bancorp Inc by M&T Bank Corp.
Aiming to build a coffee conglomerate, Joh A. Benckiser, the investment arm of billionaire Reiman family, is set to acquire D.E. Master Blenders 1753 NV for about 7.5 billion euros ($9.8 billion).
Seibu Holdings is opposing attempts by Cerberus to gain more seats in the board of directors. Seibu Holdings, the railway and real estate conglomerate of Japan has rejected the attempt of Cerberus Capital Management LP to increase its shareholdings in the company.
Carlyle-backed HD Supply Holdings Inc. has filed for a $1 billion U.S. initial public offering. Carlyle-backed HD Supply Holdings Inc. has filed for a $1 billion U.
Italian mobile phone operator Wind is set to step up its technology with a $1.3 billion investment on building a fourth generation (4G) mobile broadband network.
Greek Prime Minister categorically says that the recapitalization has protected the Greek banks from a Cyprus like crash.
The EU seeks to follow US model in job creation. European Union officials are seeking to change the deep stagnation of its present economy. They are looking into adapting one component of the U.