After the loss of equity due to S&P edict, Danske Bank issues a new bond to replace its 2037 issued bond.
Europe
Telefonica increases stake in Telco to control Telecom Italia
Telefonica seeks to retain control over Telecom Italia through buyout of venture partners in Telco. Telefonica, the telecommunications group from Spain, had formalized a deal to secure control of Telecom Italia without the need to launch a full takeover.
Berjaya Philippines unit extends HR Owen buyout deadline
Berjaya Corporation Berhad's Philippines unit, Berjaya Philippines Inc, extended its GBP42 million or USD65 million takeover bid offer to minority shareholders of British auto dealer HR Owen to October 11.
Anglo American Plc waits for right time to sell rights
The rights to the Minas-Rio project is the main asset to be sold off by Anglo American as it faces mounting pressure to provide finances for the project.
Swedish government exits Nordea, sells remaining stake for USD3.4 billion
On Wednesday, the Swedish government said that it has sold the last of its holdings in regional bank Nordea AB for SEK21.6 billion or USD3.4 billion.
Latest News
Megafon is discussing with small lending institutions as to the eventual integration of banking services with its telecommunications services.
Video game developer Rockstar Games and its latest video game release Grand Theft Auto 5 broke new records in UK.
British specialist financial services group Close Brothers Group Plc experienced a 5% increase in its adjusted operating profit to GBP25.7 or USD41.2 million this year ended July 31.
Riverstone Holdings' energy investment company in the UK, Riverstone Energy Ltd, would be listing in the London bourse in late October.
Spanish telecoms group Telefonica had agreed on Tuesday to increase its stake in Telco, of which the latter is the controlling shareholder of Telecom Italia, via cash-and-share deals.
Fiat SpA and Chrysler Group LLC chief executive Sergio Marchionne had filed an IPO on behalf of the latter to end the stalled merger of both carmarkers.
Buoni del Tesoro Poliennali is the local name for bonds in Italy, which are still in demand. Local savers for the special BTP Italia sovereign bond continue to demand for the bond, showing appetite remains high and robust.
A government source had told Reuters that Italy would not be intervening on possible takeovers in Telecom Italia and Alitalia.
The new system introduced by Argos and eBay would be allowing customers to pick up ordered items from eBay in Argos stores.
