UK proposed giving 150,000 free shares to its workers who have been strongly opposing privatization of the company.
Exits
UMW Holdings IPO to be the biggest in Malaysia this year
UMW Holdings announced the minimum price per share as it prepares for their market debut before the year ends.
JPMorgan and Wells Fargo in Bond Selloff
JPMorgan and Wells Fargo let go bonds worth around US$38 billion. JPMorgan Chase & Co. and Wells Fargo got back around US$38 billion of their riskiest investments in the first quarter as an increase in trading activity persuaded them the assets were easier and more simple to value.
MiX Telematics announces IPO plans
MiX Telematics announced its IPO plans and wants to hit big. MiX Telematics aims to hit big in its market debut amid a hospitable atmosphere among cloud tech venture companies.
Sony CEO prioritizes electronics operations amid shareholder requests to sell stake in entertainment division
Sony's Kazuo Hirai: His priority for the company would be consumer electronics. Chief Executive Officer of Sony Corp. Kazuo Hirai, who is currently under pressure to sell shares of the firm's entertainment division, stated that turning around the troubled consumer electronics operation is his team's greatest priority.
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Merlin Entertainments chose London over New York for its upcoming IPO. After deciding against a market debut in New York, Blackstone Group LP, CVC Capital Partners Ltd.
Naspers announced that they are considering the sale of US$1 billion bonds to fund acquisitions Naspers Ltd. announced that they are considering selling as much as US$1 billion in debt to fund acquisitions.
LGI Homes announced that they have submitted a draft registration statement at the SEC for possible IPO
Macquarie announced that they were able to finally close the deal with NG Groep NV Australia's Macquarie Group closed the deal with Dutch financial services firm ING Groep NV in South Korea.
The Chicago-based media company is set to spit its ventures just months after undergoing financial restructuring.
AirAsia, on Wednesday, completed its IPO netting more than US$300 million. AirAsia X completed its market IPO on Wednesday. The company raised more than US$300 million, according to data sources.
Investors retracted US$13.9 billion from equity mutual funds invested in Brazil, Russia, India and China.
ING Group will exit its South Korea-based investment management business to acquire Australia's Macquire.
ViaCyte raised a US$10.6 million from selling Series C-1 Preferred Stock shares. ViaCyte announced on Wednesday that it has raised a total of US$10. 6 million in Series C-1 funding.
