Panasonic Corp says it can afford acquisitions

Panasonic Corp said it could now afford deals worth JPY 100 billion as the company moves towards profits.


Novartis sells diagnostics unit to Grifols for USD1.68 billion

Basel-based Novartis AG sold its California blood unit to Spain's Grifol's SA for USD1.68 billion.

Third Point registers 1.64% direct interest in Sony - filing

The Nikkei said the registration of Third Point LLC ownership in Sony was strategic as hedge fund manager Daniel Loeb intended to pursue management changes and shareholder resolutions in the electronics company.

Eman Mansour to open new investment banking firm

Dubai would be host to Eman Mansour's latest investment banking endeavor. Veteran Gulf Arab banker Emad Mansour had laid out plans to establish a new investment bank located in the tax free financial zone of Dubai.


Latest News

Transurban Group Ltd said it would buy the USD465 million debt of Cross City Tunnel from the Royal Bank of Scotland.
New Zealand healthcare company Bupa became the top operator in the region after it acquired three rest-homes in Dunedin, Gore and Riverton.
Law firm Slater & Gordon Ltd said it would make more acquisitions in the UK using funds raised through share sale this year.
The Czech regulator intended to open the bidding of a frequency tender starting today. The Czech Telecommunications Office planned to conduct the bidding of a mobile spectrum tender today.
Two unnamed sources said India would be selling 10% of its stake in Indian Oil Corp. India planned to sell 10% of its stake in Indian Oil Corp. That would amount to USD800 million, two sources familiar with the matter said.
Private equity-owned Numericable and Merlin Entertainments held successful initial public offerings despite holding higher debts.
Queenslands' Gambling Community Benefit Fund (GCBF) set the deadline for grant appication for solar power providers on November 30.
Property company Westfield Group announced that UK mall is up for sale. Property giant Westfield Group put its UK shopping center up for sale. The company cited expansion and development for other stores as the reason for this sale.
Monier Group Services was able to get an extension for its debt even without the backing of all its creditors after London's High Court decided on the matter.
Singapore investor Temasek Holdings and private equity firm Hopu were among the five investors set to buy a USD213 stake in China Mengniu Dairy Co Ltd.
Real Time Analytics