Colony American Homes Inc. postpones initial public offering after interest rates increases. (Photo : Reuters)This image shows an American home construction According to a market source, Colony American Homes Inc.
Consumer Electronics
U.S. Treasury Sells General Motors Stock for $34.41 per Share
The U.S. Treasury continues to embark on a strategy to exit General Motors, selling its 30 million stock of the bailed-out company for $34.41 a share.
Alibaba IPO May Be Led by Credit Suisse
Alibaba's much anticipated IPO is rumored to be led by Credit Suisse. According to anonymous sources familiar with the matter, the highly anticipated IPO of Alibaba Group of China would be led by Credit Suisse.
PespiCo Denies Acquisition Deal for SodaStream International
PepsiCo denies a published story from Calcalist, a financial newspaper of plans to acquire SodaStream International.
Unilever Expands Operations in Myanmar
Unilever would operate its food seasonings plant in Yangon, Myanmar by end of the month. The second largest consumer goods company in the world, Unilever, has said it has started to manufacture food seasoning in its plant in Myanmar.
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Kelso & Company hires Barclays to look for potential buyers for its home and furnishing construction firm, Custom Building Products.
Flocktory completes its latest series A financing worth US$1.5 million. (Photo : Reuters)The image is the corporate logo of Flocktory. The market leader in Russia's social referral marketing for online retailers, Flocktory, has announced that it closed its series A financing round.
San Miguel to sell off its stake in Meralco to fund its oil and gas expansion. (Photo : Reuters)The image is the corporate logo of the Philippines' San Miguel Corporation.
Springer Science, the German publisher, is weighing whether to sell shares or entertain bids for the company.
Moneysupermarket.Com founder Simon Nixon sells nearly 15% stake of the firm, his first ever disposal since the company got listed in 2007.
CVC Capital Partners aims to sell its stake for a price of EUR12.5 to EUR15 per share. CVC Capital Partners, a private equity firm, is aiming to sell parts of its stake in the Belgian postal service.
Grupo Gigante purchases Office Depot share in Latin American venture. The Mexican company that operates office supply stores, Grupo Gigante SAB, has agreed to purchase half of the venture of Office Depot Inc in the country worth 8.
Pirelli chairman seeks to include new investors after falling out with major partner in the Pirelli investment.
Mid-America Apartment Communities Inc. announced to buy Colonial Properties Trust for US$2.17 billion.
