Trustees will gain control over Ma' ariv if Shlomo Ben-Tzvi decides to stop backing the newspaper.
Industrials
Sources: Carlyle considers share listing for Spain's Applus+
Carlyle Group planned to put Applus+ in a stock market listing to take advantage of the stock market's improvement.
Argex Plans for Non-Brokered Private Placement of $10 Million
Argex planned for a non-Brokered private placement of Can$10 million to two subscribers. Argex Titanium Inc. announced its plan for a non-brokered private placement of Can$10 million.
Fiat still in negotiations with VEBA over Chrysler stake
Fiat's Chief Executive verifies that talks are still ongoing over Chrysler buy out. Sergio Marchionne, Chief Executive of Italian carmaker Fiat, has confirmed that negotiations to buy the 41.
Singer hopes to raise $200M from IPO: Reports
The company, more popularly known for its sewing machines, aims to rake in as much as US$200M from IPO.
Latest News
The United States' wealthiest universities are eyeing Africa as their latest investment nest. Several of the United States' most profitable universities are looking towards the other side of the world to acquire outsized investment returns for scholarship funding.
Blackstone Group LP would expand its business by lending US$5 billion worth of distressed houses to landlords.
Japanese manufacturer is considering 100 billion yen share offering, the first in 32 years. Japanese manufacturer Olympus Corp is reflecting on releasing up to US$991 million (JPY100 billion) of new shares to finance the study of its endoscope business as well as further its medical business into developing nations.
The Philippines NEDA Director said that the administration will be easing its restrictions on foreign investments.
Renault and Donfeng Motor Group hoped to close a deal worth US$1.6 billion this month. On Monday, Renault, a French carmaker, and Dongfeng Motor Group hoped to end up with a deal later this month.
A Chinese insurance company agreed to acquire the London’s Lloyds building for US$388 million. A Chinese insurance corporation decided to purchase the Lloyd's of London building worth GBP260 million equivalent to US$388 million.
A Mervin Davies led investment group is showing interest to bid for part of the stake in Lloyd's Banking Group
ING announced that they are selling their stakes in Chinese joint venture ING-BOB to BNP Paribas Cardif.
A Chinese Insurance Company bought the Lloyds' building in London for US$388 Million A leading Chinese insurance company agreed to buy the Lloyd's Building in London.
