Corporations

KazAgro Raises US$1 Billion in Debt Issue

KazAgro raises half of its projected US$2 billion Eurobond issue programme. KazAgro, the state holding firm of Kazakhstan, has raised US$1 billion in its initial Eurobond issue.


GrubHub and Seamless to Merge

GrubHub and Seamless to merge to form largest takeout delivery service company. The nation's leading service in take out orders, GrubHub Inc and Seamless North America LLC, announced on Monday the signing of a finalized merger agreement.

Actavis to Purchase Warner-Chilcott

Actavis is set to purchase Warner-Chilcott for specific purposes. Actavis Inc, the generics pharmaceutical company, has announced its intention to purchase Warner Cholcott Plc, the specialty pharma company.

China Controlled PICC to Prepare for IPO

PICC to offer IPO in both Shanghai and Hong Kong bourses. The state controlled insurance firm PICC Property and Casualty Co Ltd announced last Monday that is preparing for a planned right issue of shares in both Shanghai and Hong Kong bourses.


Latest News

Golden Equity Investments purchases boutique winery Goosecross Cellars. Golden Equity Investments, a private equity firm based in Golden, Colorado, has acquired the luxury winery that is situated at Yountville, California, Goosecross Cellars.
Clearwire's Class A shareholders to decide on the deal for Sprint. Clearwire Corp's share values hovered above the current bid price of US$2.
Dar Al Arkan prepares for benchmark sized sukuk issue. Dar Al Arkan Real Estate Development Company of Saudi Arabia is in the midst of preparations to sell a benchmark sized Islamic bond or sukuk.
Cohen receives subpoena to testify before grand jury. Steven A. Cohen, the embattled hedge fund manager, has received a subpoena requiring his testimony before a grand jury on the government's insider trading investigation into his private equity firm, SAC Capital Advisors.
Elan purchases two new interests as well as plan for another buyback option to blunt the Royalty Pharma drug offer.
Chesapeake Energy Appoints New CEO In a stunning move, Chesapeake Energy Corp has hired Robert Douglas Lawler to become its new Chief Executive Officer.
GM is set to grow further as investor confidence increases. The optimism on General Motors is increasing by the day, as the Treasury Department is boosting investor confidence by preparing for the sale of its shareholdings in the Detroit automaker.
Yahoo has just announced the acquisition of Tumblr. The board of directors of Yahoo Inc has just recently approved a deal to purchase Tublr, the blogging and social networking site.
Congo's Inga 3 project has received commitments to be built to address current shortfalls and future rising demand for electricity in Africa.
Company earnings, because of ECB actions, is not a true test of viability. Company earnings was once a useful barometer as to a firm's European share price performance as more and more classes break up.
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