Qualcomm inked a definitive agreement to sell subsidiary Omnitracs Inc to Vista Equity Partners in a deal valued at USD 800 million.
Exits
HUDCO plans raising INR12.5 billion
Reuters had seen a termsheet showing that HUDCO planned to raise INR12.5 billion through selling of tax-free bonds.
Thai billionaire planning USD500 million IPO for F&N
Thai billionaire Charoen Sirivadhanabhakdi eyes USD500 million IPO for F&N REIT. Charoen Sirivadhanabhakdi, Thai tycoon and the country's third richest man, announced plans of an IPO for Fraser and Neave (F&N) REIT.
ING’s Asia divestment plan nearing conclusion
MBK agrees to buy ING's South Korean unit to bring the latter's Asia exit plan closer to conclusion.
Axiata Group planning IPO of assets
Malaysia's largest mobile phone operator has planned an IPO of its telecommunications tower assets.
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Sources said Alibaba Group Holding would like to keep board control after its initial public offering in Hong Kong.
The Iraqi oil minister said ExxonMobil would sell portions of its stakes to PetroChina and Pertamina.
Merchants Bank Co. planned to raise CNY34.8 billion to bolster its capital and speed up growth as competition with smaller bank rivals in China intensified.
New World Resources said it would be selling its OKK coking plant to offset oil price declines, of which had caused losses for the company.
Private equity firm Doughty Hanson sold Spanish bus operator Avanza Group to Grupo ADO. Private equity company Doughty Hanson & Co announced the sale of Avanza Group to Grupo ADO, a Mexican bus operator.
Life Technologies Corp members of the board approved through voting the company's merger with Thermo Fisher Scientific.
Lloyds Banking Group announced its sale of Heidelberger Leben for EUR 300 million to Cinven and Hannover RE.
NYSE tapped JPMorgan & Chase Co. and Societe Generale for the IPO launch of Euronext. NYSE Euronext is the bourse operator to be acquired by Intercontinental Exchange Group Inc.
W&G Investments PLC planned to offer Royal Bank of Scotland GBP1.5 billion for more than three hundred of its branches.
