India’s government chooses five banks to administer the sale of its stake in Indian Oil Corp. The Indian government chose five banks that include the local units of HSBC Holdings and Citigroup Inc to administer the sale of its 10% stake in Indian Oil Corp.
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Glencore Xstrata announces sale of its US$5 billion copper project
Glencore Xstrata announced the sale of its US$5 billion-plus Las Bambas copper project. Glencore Xstrata announced the sale of its US$5 billion-plus Las Bambas copper project.
IPO's of NZ-owned utility companies to be a hard task
Equity analysts said that uncertainty over the future of state-owned utility companies could hamper its privatization.
KSTW begins tender offer for Steinway Musical Instruments, Inc.
KSTW Acquisition commences tender offer for Steinway Musical Instruments, Inc. KSTW Acquisitions Inc announced the start of the tender offer for all shares of Steinway Musical Instruments, Inc.
Singapore malls to compete over investors over untimely IPOs
Rival luxury retail malls in Singapore revealed plans for a public listing, broadening investors' choice.
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Share allocation of First Citizens disappointed Permell. Peter Permell, a minority shareholder rights advocate, was disappointed by the government's allocation of shares of First Citizens Bank.
Frontier raised GBP39.4 million by floating stocks in AIM. Frontier Developments raised GBP4 million by selling its shares on the Alternative Investment Market (AIM), a submarket of the London Stock Exchange.
ClubCorp Holdings hoped to raise more than US$100 million in an initial public offering of its stakes.
Embassy Group sells stake in overseas joint venture back to MK Land Holdings. Real Estate developer Embassy Group, just one of India's top three commerical space constructors, had exited an international joint venture with Malaysia's MK Land Holdings Berhad.
The San Francisco International Airport announced plans to sell US$483 million worth of bonds. The San Francisco International Airport announced plans to sell US$483 million worth of bonds.
Canadian REITs, led by Choice Properties, helped IPOs rise above SPTSX this year. Canadian real estate investment trusts (REITs) helped initial public offerings in the country to rise above the benchmark index.
Thailand's MK Restaurants Group planned to raise the second-biggest IPO in the country. MK Restaurants Group planned to raise an initial public offering that would be Thailand's second-biggest IPO offering this year.
EMC Corporation said it would acquire data storage developer ScaleIO for US$200 million. ScaleIO founders are expected to earn around US$60 million from a deal that will see the company being acquired by EMC Corporation.
GLG assumes loss due to fund manager's actions. Sibanthracite Plc pulled out its initial offering (IPO) causing losses for GLG Partners Inc. this was after its former fund manager Greg Coffey blew a bet with Sibanthracite.
