Daniel Loeb, head of Third Point LLC proposed a partial spin off to Sony’s business unit to boost the struggling electronics division.
Asia/Pacific
Microblogging company Muzy gains $4.4 mil in investments
Muzy, a San Francisco-based micro-blogging company, raised $4.4 million in investments. (Photo : Reuters)The image is a computer mouse being used. Muzy, a mobile micro blogging services developer, recently announced its $4.
Negev Energy expands in Southern Israel
Negev Energy is building solar powered plants in the southern part of Israel. (Photo : Reuters)The image is a sample of a solar farm that uses energy to heat water.
Ayala Land Inc to do bond offer
Ayala Land to do bond offer to the market for general corporate purposes. (Photo : Reuters)The image is the corporate logo of Ayala Land Inc. Ayala Land, one of the Philippines' largest property developers, is working on a plan to offer to the market domestic retail bonds worth around Php21 billion.
Lazada Lands New Investments For Expansion
Lazada raises US$100 million in investments for its expansion. (Photo : Reuters)The image is the corporate logo of Lazada, the online retailer. The online retailer in Southeast Asia, Lazada was established by Rocket Internet Gmbh of Germany.
Latest News
The following bids, mergers, acquisitions and disposals were reported on Wednesday. The following bids, mergers, acquisitions and disposals were reported on Wednesday:Billionaire investor Carl Icahn promised Dell Inc shareholders that the company would buy back up to $16 billion of stock if they join his campaign to stop the computer maker from going private.
Robinsons Retail Group is planning to undertake the largest IPO in the Philippines. The Robinsons Retail Group, whose interests include operations in the consumer market through supermarkets, hardware and department stores throughout the Philippines, is now planning to raise US$924 million through an initial public offer in Manila.
CLSA Brokerage, owned by Credit Agricole SA, was sold to CITIC Securities but Taiwanese regulators may reject the sale.
Farallon Capital Management LLC acquired 9.91% stake from Nathan Tinkler making the fund the largest shareholder at Whitehaven Coal Ltd.
Japan's Astellas Pharma looks to sell its dermatology portfolio valued between US$500 million to US$1 billion.
Huawei Technologies Co said it had no plans to acquire Nokia as stated by the company's Vice President for external affairs.
NTT, the largest IT and telecommunications company in the world, buys security service provider Solutionary.
A second option was added by Mengniu Dairy to its proposed acquisition for Calyle-backed Yashili International Holdings Ltd.
In a bid to uplift consumer confidence, Beijing's Central Huijin Investment Co had invested in banks in the form of share purchases.
