PT XL Axiata would be buying PT Axis Telekom Indonesia from Saudi Telekom through cash and debt repayment.
Sectors
American Industrial Partners set to purchase Flow International Corporation
American Industrial Partners would be acquiring Flow International Corporation in a deal worth more than USD 200 million.
Family of Applied Materials CEO will move to Tokyo in midst of Tokyo Electron deal
In a Bloomberg report, the news agency said that Applied Materials Inc Chief Executive Officer Gary Dickerson's dedication to close his company's USD9.39 billion Tokyo Electron Ltd acquisition would lead him to, according to sources, move his family to Tokyo.
Royal DSM in advanced talks to sell caprolactam business- sources
Sources told Bloomberg that Royal DSM NV was already in the second round of bidding for its caprolactam business.
Cramo stock plunges as main stakeholder sells half of stake
Cramo Oyj experienced a 7.8% decline after its main stakeholder, the Hartwall family, sold half of its stake in the firm.
Latest News
The fund formed to assist British businesses had decided to invest in VTL Group, the manufacturer of precision engineered car parts.
African Minerals Ltd would be selling its 17% stake in a Sierra Leone mine to Tianjin Materials & Equipment Group Corp.
In a meeting of the Oregon Investment Council yesterday, it was revealed that Lone Star Funds founder and Chairman John Grayken bet USD330 million of his money to the company's new commercial property fund.
On Thursday, BlackRock Inc would be debuting its a new short-maturity bond ETF on the BATS Global Markets.
According to a Reuters report, Lixil Group Corp Chief Executive Yoshiaki Fujimori said that his company had reached a basic agreement to buy bathroom equipment maker Grohe for JPY400 billion or USD4.05 billion from its owners.
State-backed Petroamazonas had proposed to 31 companies who were willing to partner up with the oil company and aid in boosting oil production.
British private equity firm Doughty Hanson said in its statement on Wednesday that it had sold 20.9% of its shares in cable equipment maker HellermannTyton for GBP119 million or USD191.21 million.
One Thousand & One Voices formed its private equity team to run its office in Johannesburg. Private equity fund One Thousand & One Voices announced the hiring of three former executives of Standard Bank Group Ltd to run its office in Johannesburg.
French financial newspaper Les Echos said on its report Wednesday that French construction and concessions company Vinci was considering of selling its parking concession business to generate funds for future acquisitions.
