Dubai developer DAMAC Properties announced its plans to sell USD500 million worth of shares on the London Stock Exchange.
Deals
Viva Industrial fails in IPO amid interest rates spike concerns in market - report
Viva Industrials Trust had not done well in its share sale, according to Businessweek. A report by Businessweek said Singapore business and real estate trust (REIT) had opened poorly in the Singaporean stock exchange.
York Capital Management invests EUR100 million in Greece's GEK Terna
US fund York Capital Management invested EUR100 million in GEK Terna, one of Greece's top construction groups.
Hookipa raises EUR20 million in Series B funding round
Hookipa Biotech AG, whose Vaxwave Technology, would help in the furtherance of infectious disease control and cancer management.
High Road Capital's Crown Group purchases Electra-Finish
Investment firm's portfolio company acquired plastic coatings manufacturer in a recent transaction.
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Nine Entertainment Co's upcoming IPO could put the company's value at over AUD2.77 million.
Owners of over USD2 billion artwork to be sold in auction houses like Christie's included hedge-fund billionaire Steven A. Cohen.
Florida-based retailer Edwin Watts Golf Shops LLC filed for bankruptcy protection in Delaware. U. S. golf retailer Edwin Watts Golf Shops LLC had filed for Chapter 11 bankruptcy protection.
Both Wall Street and Silicon Valley await how the market responds to Twitter's IPO. Twitter's IPO is not just about shares held by investors and employees.
The earnings from Burlington Northern Santa Fe and MidAmerican Energy Holdings accounted for 40% of income for Berkshire Hathaway.
Germany's Henkel had made plans to increase sales in MENA for the next few years. Henkel, the German cleaning products manufacturer known for brands such as Persil and Schwarzkopf, has laid out plans to boost sales by 40% in emerging markets such as the Middle East.
GS Engineering and Construction and Samsung Engineering form joint ventures with Arabtec separately.
The King Hamas decree granting BHD185 million bailout to Gulf Air is set to be vetoed by a number of MPs since it was done while Parliament was in recess.
The merger between law firms Cooley and Dow Lohnes would not absorb the latter's lobbyist group.
