On Thursday, BlackRock Inc would be debuting its a new short-maturity bond ETF on the BATS Global Markets.
Corporations
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.
Oaktree Capital Management's Stock Spirits plans IPO
Oaktree Capital Management's Stock Spirits Group announced plans of a share sale to raise GBP 52 million.
ENRC founders get 95.99% shareholder vote for ENRC takeover
Founders of the Eurasian Natural Resources Corp (ENRC) won 95.99% in shareholder approval on the takeover of the company.
Latest News
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.
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.
CI Financial acquired the majority stake in Marret Asset, with an option to purchase the remained after three years.
Alibaba, the largest e-commerce company in Chins, is set to register at the New York Stock Exchange.
Prem Watsa, the Canadian Warren Buffett, expressed confidence as to his consortium's bid for the floundering Canadian smartphone maker.
JC Penney is now deep in plans to increase its cash reserves and financial well-being through loans and other means.
The USD4.7 billion bid by Fairfax for BlackBerry would be backed up by loans, equity investments and its own shares in the smartphone maker.
