Big debts are seen looming as bold bets on acquisition from two Thai billionaires totaled US$27 billion last year.
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SEO powerhouse Conductor Inc announces new CFO
SEO company Conductor Inc. named Jin Caci as its new chief financial officer. (Photo : Reuters)The image is a whole floor of computers in a network. Search engine optimization services provider Conductor Inc.
Billionaire leads Thailand’s biggest takeover
Thailand's CP ALL Pcl acquired Siam Makro Pcl after its shareholders agreed on the 189 billion baht ($6.1 billion) deal. This acquisition is considered to be the Southeast-asian nation's largest takeover in history.
Carlos Slim unfazed by new Mexican Law aimed towards communications companies
Investors aren't so sure as to the direct outcome of Mexico's new law toward communication companies.
Lucio Tan to Consider Exiting Philippine Airlines After Two Decades
Billionaire Lucio Tan is considering to exit the aviation industry by means of share sale after two decades in the business.
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Football star Didier Drogba invests in a mine in his home country of Ivory Coast as his latest move after his humanitarian work.
George Soros return to the Japanese market after seeing attractive signs of stability. Most investors are selling their stocks in Japan as they are worried that the country might find it difficult to recovery its economy according to sources.
According to its Chairman, Mukesh Ambani, Reliance Industries would expand its business operations in the next three years.
Akhmetov's SCM has purchased 92.79% of Ukrtelecom from EPIC of Austria. Rinat Akhmetov, Ukraine's richest business mogul, owns a firm that had recently announced that it was purchasing Ukrtelecom, the former Soviet Republic's biggest fixed line operator.
Bill Gates leads investment of US$35 Billion for ResearchGate, a Berlin based network for scientists.
ENRC founders together with the Kazakh government is seeking to privatize the mining firm. The three pillars of Eurasian Natural Resources Corp is set to lead a consortium seeking to privatize the mining firm.
A consortium of Club Med's top shareholders, Fosun International and AXA Private Equity preparing to bid Eur17 per share.
Hulu.com auction attracts more bidders. The private equity fund, Guggenheim Digital Media and former President of News Corp, Peter Chernin, have already tendered their bids for the online video service, Hulu Video, as related by sources who are knowledgeable of the matter to Reuters.
Upon its ascension to the Premier League, Cardiff City is exploring an IPO for the club. Vincent Tan, the billionaire Malaysian, is in the planning stage of an initial public offer of shares of footbal club Cardiff City as early as this 2013.
