KB Home set to offer bonds as well as notes issued to assist its plan to retire soon to be maturing debt.
Corporations
Softbank in talks to buy stake in Brightstar Corp
A regulatory filing by Softbank Corp had confirmed rumors of the Japanese company purchasing a stake in US mobile distributor company Brightstar Corp.
Alibaba investment by Yahoo more valuable after IPO
Yahoo, which owns 24% of ecommerce giant Alibaba, reaps revenues prior to the IPO. Yahoo's investment in Chinese e-commerce firm Alibaba Group Holding Ltd was sufficient to keep Wall Street happy despite the continued struggle in the third quarter for advertising revenues, The shares of Yahoo increased by 1% to USD33.
Czech Republic's richest man bids for local unit of Telefonica SA
Petr Kellner is seeking to purchase the Czech republic's unit of Telefonica SA. Telefonica SA is hard pressed to extract a higher premium for its Czech unit.
JP Morgan and CFTC reach settlement accord
To address wrongdoing in the 'London Whale' scandal, JP Morgan enters into a settlement agreement with the CFTC.
Latest News
A second project between Dow and ERB has been agreed upon where the power plant would utilize sugar cane residue as fuel for electrical power.
ICIG purchases Clariant AG unit focused on detergent and other intermediate chemicals. The plan of Clariant CEO Hariolf Kottmann of focusing the Swiss company to high yield markets would be one step closer to realization.
The plan is to raise funds from a share sale of Huaneng Renewables Corp. Wind farm operator from China, Huaneng Renewables Corp, is planning to raise HKD1.
A number of top notch companies have sent their bids to build Mongolia's Tavan Tolgoi Power Plant.
Japanese firms Softbank Corp and games developer GungHo OnLine Entertainment had purchased a controlling stake in Supercell for USD1.53 billion.
Albion Ventures, the largest venture capitalist in the UK completed the investment in Cisiv Ltd. Albion Ventures recently completed the acquisition of Cisiv Ltd.
immatics raises EUR34 million in its latest Series D round financing. Clinical stage biopharmaceutical firm immatics biotechnologies GmbH had developed advanced a multi-peptide vaccine program providing active medication against cancer.
Anatrace was recently acquired by StoneCalibre to expand its portfolio of detergents and lipids for the marketplace.
No financial details were provided in the acquisition of Applied Products Inc or Retrax by Kinderhook's Tectum Holdings LLC.
