Corporations

Merlin is seeking to raise funds through an IPO to fund Legoland Dubai

Legoland Dubai's main promoter is seeking to raise funds through an IPO set in the London Stock Exchange.


Uniqa Insurance to acquire Baloise Holding's units in Croatia, Serbia

Uniqa Insurance would be purchasing Baloise Holding's Croatian and Serbian units in a deal worth EUR 75 million.

Jaiprakash Power to sell hydropower plants to Abu Dhabi National Energy Co- sources

Sources told Bloomberg that Jaiprakash Power Ventures would be selling its hydropower facilities to Abu Dhabi National Energy.

Goldman Sachs Group sells 7 million shares of LEG Immobilien

Goldman Sachs Group raised EUR 289 million from selling 7 million of shares in German property company LEG Immobilien.


Latest News

Japanese authorities said the cleanup of the Fukushima nuclear plant would not be completed next year as originally scheduled.
Reckitt Benckiser Group Plc would be reviewing options for its pharmaceutical business, including a potential exit, according to a Bloomberg News report.
The New York State Department of Financial Services, the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency had approved the merger of US banks Provident New York Bancorp and Sterling Bancorp.
JC Penney Co Inc and Martha Stewart Living Omnimedia said that its partnership agreement would be leaving out Martha Stewart-branded cookware, bedding and bath products that had been exclusively designed for Macy's Inc.
Jana Partners said it held a 7.5% stake in oil and gas producer QEP Resources Inc. New York-based Jana Partners said it had a 7. 5% stake in QEP Resources Inc.
Telekom Austria, Deutsche Telekom and Hutchison Whampoa's Three have cornered the majority of the LTE spectrum in the region.
With its consortium, Petrobras leads to extract the oil from the Libra pre-salt mine. A consortium led by Petroleo Brasileiro SA had landed a license to develop the largest oil discovery in Brazil under terms that had exceeded projections.
There would only be nine units built for the ultra-expensive Lamborghini Veneno Roadster. Lamborghini unveiled the Veneno Roadster, a drop-top version of the Veneno which was released earlier this year.
The gunman in the Drai's After Hours nightclub shooting was identified as Benjamin Frazier. The Las Vegas Metro police disclosed the name of the suspect involved in the Drai's After Hours nightclub shooting early Monday morning.
An early-morning shooting at Drai's After Hours in Bally's over a USD 30 entry fee led to the death of a patron and the wounding of two employees.
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