Shareholders of GSW are being convinced to accept the Deutsche Wohnen offered bid. In a letter to its clients, GSW immobilien AG had recommended the acceptance of the EUR1.
Funding
BlackBerry to take out ads to talk directly to the consumers
BlackBerry Chief Marketing Officer said the firm had taken one page ads to communicate with its consumer base.
Senate leadership progress towards budget deal
Senate Congressional leaders from both parties have progressed as to reaching a deal on the debt ceiling and the budget impasse.
Germany's Bundesliga inks deal with 21st Century Fox Inc
Rights coverage and greater viewership are promised in the new deal between 21st Century Fox Inc and the German Bundesliga.
Saudi Arabia joins shale gas economy
By utilizing shale gas reserves in the country, Saudi Arabia can use the now popular energy resource for local purposes and use its oil for exclusively for export purposes.
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In order to block the bid of Sinochem, OVL and Shell filed notice of purchase on the USD1.543 billion oil block interest from Petrobras.
Frontier Beverage Company Inc announced today that it had completed its acquisition of holding company 22 Social Club Productions Inc and its subsidiaries Blue 22 Entertainment and AppQwest LLC
TRAFI, a Lithuanian Journey planner startup, received a USD500,000 in investment capital from Practica Capital to expand into key markets unexplored by big players like Google Maps.
The lenders fighting over the titles owned by the Deccan Chronicle would be in dispute. The creditors of Deccan Chronicle Holdings unable to recover dues worth more than INR5,000 crore because of a dispute over the publishing titles.
Naveen Jindal is the latest personality included in the ownership dispute of Positiv TV. Congress Member of Parliament and Industrialist Naveen Jindal was recently included in an ownership dispute between the shareholders of Positiv TV.
The new fund of private equity firm Cudos Capital, which is co-founded by former Austrian chancellor Alfred Gusenbauer, would seek to raise EUR150 million.
The Telegraph reported that several private equity groups were invited to bid for a controlling stake of Ambassador.
The Bank of Korea recently announced a USD5.4 billion currency swap deal with the United Arab Emirates for a period of three years.
Royal Mail shares, criticized to be valued too low, had netted hefty profits for its investors. The Abu Dhabi and Kuwaiti sovereign wealth funds have respectively reported a profit of USD30 million each from their investments made in the recently sold UK Royal Mail.
