San Miguel Corporation announced that they were able to raise US$400 million from the Meralco stake sale
Corporations
Qihoo 360 begins talks to purchase Sohu.com’s search engine
Qihoo 360 is in the early stage of negotiations to purchase Sogou, Sohu.com’s search engine. Beijing-based Qihoo 360 Technology Co. is in the early stage of negotiations to purchase Sohu.
Fertilizer industry booming, “risks can be handled”
The fertilizer industry was booming and “risks can be handled”, said local officials. Argus FMB North American Fertilizer, a trade publication, tracked around 20 proposals for fertilizer projects in North America in the past two years, according to the publication's editor, Lauren Williamson.
American Homes 4 Rent plans to raise US$793 million from IPO
American Homes 4 Rent announced that they are expecting to raise US$793 million from the public offering of their common shares.
RealtyTrac: Home flipping profitable but tapering off in markets with distressed bargains
According to RealtyTrac, home flipping was profitable but tapering off in markets with distressed bargains.
Latest News
RetailMeNot priced its IPO at US$21 per share. The largest digital coupon marketplace in the world, RetailMeNot, announced the price of its shares that were up for grabs in its initial public offering.
Yelp acquired SeatMe for US$12.7 million. Yelp acquired SeatMe, an online reservation service, for US$12. 7 million. SeatMe will compete with OpenTable in the restaurant reservation scene.
Enel Green revealed plans to expand its geothermal technology while global market for it is still young.
ECWA mergers to pay debt caused WNY water bills increase. Mergers with Erie County Water Authority (ECWA) were mostly done to pay off debt. These debts were mostly caused by the localities' mismanagement.
Charter Communications is set to work with Goldham Sachs Group for the Time Warner bid. Charter Communications Inc. announced that they will be working with Goldman Sachs Group Inc for the Time Warner Cable Inc bid.
Balaji Wafers confirmed that they were open to selling a majority stake in the company. India's Balaji Wafers revealed that the 37 year old wafer maker was approached by international and local companies for a stake in their business.
Petronas confirmed that they are in discussions with interested parties who could buy shares of Engen.
MedProperties Holdings and Equity Inc in a joint venture announced that they have acquired another health care real estate property in Cincinnati.
Ipreo revealed that it had purchased Discovery Data, expanding their services in the market data industry.
