Poland-based lender Alior Bank SA sold 6.38 million of its shares yesterday at PLN73 apiece to raise PLN 464 million (USD151 million) for its expansion.
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Facebook looks into Russian programming partnerships for app development
Facebook Inc had been tapping resources of its Russian partners to develop apps, signaling a growth in the tech industry, particularly in the app development business.
Lloyds Banking Group agrees on sale of Irish mortgages to Apollo Global Management
Lloyds Banking Group is to divest its Irish home loans to an affiliated company of private equity firm Apollo Global Management in a deal worth GBP 257 million.
Reuters report says pension funds, other investors in rush to invest in European infrastructure
At a time when interest rates are low, investors are now seeking to invest in European infrastructure to get higher returns. However, the assets are scarce, according to a Reuters report.
Lukoil in talks with international oil players to sell stake in Venezuelan gas project
Russia's No. 2 oil producer Lukoil is looking to put up for sale its 20% stake in a Russian consortium developing a large oil project in Venezuela. Lukoil is in talks with international players after Rosneft offered a price lower than what Lukoil had asked.
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Domino's Pizza chief executive Lance Batchelor decided to quit from Britain's biggest pizza delivery company as its shares dive by 8.7% on Friday morning. Batchelor will be joining a private equity-backed company in a non-competing sector.
Kumar Rangaranjan, one of the founders of Indian startup Little Eye Labs, told the Wall Street Journal that it was in preliminary discussions with social media giant Facebook regarding a potential deal.
The widow of Hong Kong property developer Sun Hung Kai founder Kwok Tak-seng, Siu-hing, said in a statement yesterday that she handed out a 6.36% ownership stake in each of her sons' family trusts.
Queensland-based coal mining company Carabella Resources Ltd received a hostile bid from private Chinese firm Wealth Mining, which already owns an 11.06% stake in the Australian mining firm.
Vincent Tan, owner of Malaysia's Berjaya Group, is looking to list Cardiff City Football Club on Singapore's Catalist. Tan controls a 51% stake in Cardiff City, which has been recently promoted to the English Premier League.
A US SEC filing by big data company Palantir revealed that it was set to do a USD57.5 million fundraising three months after it had raised USD195.5 million in an earlier funding round.
Finance Minister K.M. Mani said on Thursday the Kerala Financial Corporation (KFC) is launching a venture capital fund to back startups in the state of Kerala in India.
Paul Kazarian, founder of Japonica Partners & Co and known for his purchase of Greek bonds, told Bloomberg in an interview that Greece needs to adopt corporate accounting practices if it is to return to the debt markets.
China Development Bank Corp. has committed CNY490 million (USD81 million) to clean-energy operator China WindPower Group's solar farm projects in two Chinese provinces. CDB has provided a total of CNY1.23 billion to China WindPower's previous projects.
