CLSA Brokerage, owned by Credit Agricole SA, was sold to CITIC Securities but Taiwanese regulators may reject the sale.
Corporations
SoftBank nearing Sprint Nextel acquisition
SoftBank is nearing the completion of the acquisition of the Sprint Nextel deal. SoftBank Corp of Japan had completed another step in its current bid to acquire Sprint Nextel Corp, the US wireless provider.
Alpine Bau declares insolvency
The Austrian construction group Alpine Bau claims insolvency, and stands to be the largest ever in Austrian history.
Belgian regulator fines former Fortis officers for gaffe
The Belgian regulatory authorities have imposed fines on former CEOs and insurer of Fortis because of delayed information or incorrect information dissemination.
DP World Extends Maturity Date of US$1BN Loan
DP World, because of favorable market terms, was able to extend its revolving credit facility. (Photo : Reuters)The image is the signage infront of the DP Head Office.
Latest News
BC Partners have finally closed the deal to acquire Springer Science from EQT V and GIC. (Photo : Reuters)This is the logo of Springer Science+Business Media.
Analysts describe Lululemon's plans for the company next to impossible, citing its running out of land and consistent losing against Nike and Gap.
Antelope Oil Tool and Manufacturing Co. agreed to a buyout deal with Interval Capital. Interval Capital closed the deal to buy Texas-based Antelope Oil Tool and Manufacturing Co.
Cabot Square Capital recently finalized a deal to sell Key Retirement Solutions to Pheonix Equity Partners.
SunGard Data Systems seeks buyers for its data management operations. (Photo : Reuters)The image is a computer mouse being used. Computer software maker SunGard Data Systems Inc was privatized back in 2005 for US$11.
The restructuring of the 3i Group Plc continues, with more job cuts in the offing. (Photo : Reuters)The image is the corporate logo of the 3i Group. 3i Group Plc, the buyout firm from Britain, is in the midst of carrying out a restructuring plan.
Ken Glass establishes Cold Mountain Capital, the new investment and management firm. Chairman and founder of TECT family of businesses and Stony Point Group, Ken Glass, announced recently the launch of a new investment management firm Cold Mountain Capital LLC.
A Braunschweig-based court issued its decision to take the Eur2 billion damages lawsuit against Porsche SE to a specialized court.
On Wednesday, Fairfax Financial Holdings said it would increase its stake in Eurobank Properties by 42% from the previous 19%.
