Finance/Venture

'Nertherlands Eyes Governments' Retained Majority Holders in Urenco.

The Netherlands wants governments to keep majority holders in Urenco and plans sell to its $33 percent share in the facility


Caixabank Eyes Sale of its 10% Stake in Inbursa

Spanish bank Caixabank could be selling its stake, which it paid for in 2008, in Grupo Finaciero Inbursa amid high provisions on bad loans.

Spain's Ibercaja Acquires Caja 3

Spanish lender Ibercaja reached deal to buy smaller bank Caja 3. (Photo : Reuters)Spain's central bank made green signal to the private capitalisation plans of banks Popular (POP.

Sinopec Share IPO Makes Bland Debut

Sinopec shares open on weak investor demand in the market. Sinopec Engineering, amidst all the hoopla, opened to a weak demand in its market debut Thurday.


Latest News

FF&P returns funds and dividends to is investors, a rare occurrence in Russian corporate life. Garber Hannam & Partners together with Fleming Family & Partners disclosed the final distribution of dividends its the stockholders of FF&P Russia Real Estate Limited (RREL).
Spain is planning to sell 15 year syndicated debt in light of the low yields of previous issues. Spain, in a bid to increase its liquidity, is planning to issue a 15 year bond sale through chosen banks this year.
According to a Reuters report, Alinta is drafting a plan for a US$1 billion debt issue for its TLB debt.
Emirates NBD to do bond issue. Amidst healthy demand, the Emirates NBD had launched a bond issue worth US$1 billion to allow the Dubai lending institution a focused price guidance.
CIBC is gearing to expand its private wealth management business in Central Canada and Atlantic provinces.
Dar Al Arkan lowers yield of new sukuk bond issue to 6%. Dar Al Arkan, the Saudi Arabian real estate developer, after its previous announcements has now tightened the price range of its planned sukuk issue.
Willis Group Insurance hires Michael Guo, a former investment banker. The world's third largest insurance broker, Willis Group Holdings Plc, has engaged the services of Michael Guo as its new head of Asia for capital markets operations.
Payvia purchases Mogreet for its service enhancement. In an announcement by the leader in online and mobile payments, Payvia, it said it had purchased Mogreet, the renowned cloud-based communications program that enables businesses to entertain their mobile clients using enhanced media, video and text messaging.
KazAgro raises half of its projected US$2 billion Eurobond issue programme. KazAgro, the state holding firm of Kazakhstan, has raised US$1 billion in its initial Eurobond issue.
Goldman Sachs is in the process of selling off all of its ICBC shares in the Hong Kong bourse. Goldman Sachs is now in the process of selling its shares in the Hong Kong bourse.
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