Trinseo SA withdrew its proposed US$400 Million initial public offering on Friday. (Photo : Reuters)The image shows a division of a plastic factory. Plastic manufacturer Trinseo SA said on Friday that it had decided to withdraw its proposal for an initial public offering.
Corporations
Petrobras sells African interests to Banco BTG
Petrobras is selling off half of its African operations of Petroleo Brasiliero SA. (Photo : Reuters)The image is the facade of the corporate headquarters of Brazilian oil conglomerate Petrobras.
Mitsubishi Motors to build plant in Indonesia
Plans to boost capacity in Indonesia would be reached through the construction of a new Mitsubishi Motors plant in the country.
Wal-mart votes Cash as new Lead Director
Amidst the investigation against several top officials, Wal-Mart's board votes for James Cash as new Lead Director.
Dole shareholders sue directors over privatization plan
Dole's shareholders sue the company's board to stop it from accepting a deal offered by the company's top executive.
Latest News
Sources state that Cinven is in exclusive discussions with Germany-based CeramTec priced at Eur1.5 billion.
International Automotive Components announced its IPO filing valued at US$115 Million with BofA Merrill Lynch, JP Morgan and Deutsche Bank Securities as its underwriters.
Intas Pharmaceuticals, the Indian drug manufacturer, would undertake an IPO. (Photo : Reuters)The image is the corporate logo of Intas Pharmaceuticals.
Ooredoo withdraws from the race for Maroc Telecom citing valuation issues as well as frustration with the bidding process.
Northstar Media acquired Your Travel Insider. (Photo : REUTERS)A US airways plane takes off behind an American Airlines jet at Ronald Reagan National Airport in Washington Portfolio company Northstar Travel Media announced its acquisition of Your Travel Insider, a web-based publisher of newsletters Luxury Cruise News, Your Travel Insider, and Your Travel Insider - Travel Tools.
StratusLIVE gained $2.3 million through private investors. (Photo : Reuters)This is a representation of cloud technology. StratusLIVE, a provider of 'cloud-based fundraising' and constituent relationship management solutions, said on Thrusday that is acquired $2.
Mexico's biggest retailer Wal-Mart de Mexico is considering to sell an arm of its restaurant business to shed non-core assets in the company.
Mercator shares owned by Pivovarna would be sold to Agrokor. (Photo : Reuters)The image is the corporate logo and byline of Mercator in Slovenian. Pivovarna Lasko, the largest beverage producer in Slovenia, had said that it would be selling off its shareholdings in Mercator, the largest food retailer in the country.
According to sources, Vodafone considers to improve its bid for Kabel Deutschland after the said deal to purchase the company at Eur81 per share.
