Kazakhmys Plc and its shareholders announced that they are have approved the bid from ENRC founders for stake sale.
Corporations
Indonesia's investment climate worsens
According to Indonesia's Bureau for Statistics, global demand for the country's assets remained unattractive to foreign investors.
Social management app HootSuite raises US$165 million
HootSuite gained US$165 worth of Series B funds from several investors today. HootSuite, an application catering to Twitter users, announced today that it has gained more funds worth US$165 million for its Series B fundraiser.
Silver Lake, Dell sweeten merger deal
The Special Committe of Dell entered a revised merger deal with Silver Lake and Michael Dell. According to an announcement made by the Special Committee of the Board of Dell Incorporated, the company entered a revised definitive merger deal with Silver Lake Partners and Michael Dell.
India eases foreign investment rules for retail sector
India loosened rules for foreign direct investors on the local retail industry as part of its drive to lure more foreign firms.
Latest News
A source told Reuters that Dell's special committee and CEO Michael Dell's buyout consortium might finally be getting close to a deal.
The Confederation of Indian Industries said that now is the time when India needs foreign direct investments the most.
Biotech Corp said that it has already passed its investment target for this year. Malaysian Biotechnology Corporation, one of the largest biotech firms in Southeast Asia, said that it will be expecting a total of RM3 billion worth of investments in the sector this year.
Ageas SA announced that the company will return EUR200 million to shareholders and investors. Ageas SA announced that they will return an additional EUR200 million euros or US$264 million to its investors through a buyback deal.
Reports said that investments in the Philippines increased by almost 40% after six months. Asia's 'rising economic tiger' posted another increase in local and foreign investments as four major placement agencies approved businesses today.
Two confirmed cases of cyclospora in Louisiana were confirmed and now the disease could become an outbreak.
Five investment projects were approved by Malaysia's National Key Economic Area today. Five new projects in Malaysia with a total investment value of RM388.
H&M finally launched its online store after its 13-year stay in the country. H&M, a Swedish fashion retailer, finally launched its own e-commerce site August 1.
Thomson & Reuters data revealed 2013 to be a weak year so far for international mergers and acquisitions.
