Cinven sealed roughly Eur1 billion in financing coming from Deutsche Bank, RBC and UBS for the firm's acquisition of CeramTec
Industry
Italian Government Seeks Removal of Cap on Voting Rights for Monte dei Paschi
A letter from the Economic Ministry requests removal for the voting rights ceiling currently in force at Banca Monte dei Paschi di Siena SA.
Eutelsat, KKR to Place Bids for SingTel’s Australia Unit
Eutelsat Communications SA and KKR & Co are the first to place their bids for Singapore Telecommunications' Australian arm.
Four Banks Start Work on China Cinda IPO
China Cinda Asset Management Corp. planned its initial public offering with Bank of America Merrill Lynch, Goldman Sachs, UBS and Credit Suisse formally set to work.
UK’s Co-op Bank Agrees to US$2.4 Billion Rescue Plan
Britain's Co-operative Group agreed on a plan to plug US$2.4 billion capital hole to avoid a repeat of the taxpayer funded bailouts at the time of the financial crisis.
Latest News
With a US$1.1 billion offer for the Cermaq's fish feed unit, Bain Capital and Altor complicated Marine Harvest's plans of acquiring the entire firm with a US$1.7 billion deal.
Lowe's announced that it has entered into an agreement of purchasing Orchard Supply Hardware for US$205 million plus assumption of debt.
Cheung Kong Holdings Ltd will undergo joint venture to acquire RAV Water Treatment. (Photo : Reuters)The image shows a boy drinking treated water from a faucet.
After GenCorp Inc. acquired Pratt & Whitney Rocketdyne, Aerojet Rocketdyne was formed with a prediction of US$1.2 billion savings over the next decade.
Brookfield Asset Management will sell its Longview Timber Holdings and its paper packaging business in separate transactions for US$3.68 billion.
Pope Francis, in the bid to reform the Vatican bureaucracy, appoints Monsignor Ricca to manage the Vatican Bank.
Prime Minister Shinzo Abe announced cutting down Japan's pension fund and focusing into stocks, away from government bonds.
India's rapidly declining currency is a clear sign that US policy affects the whole world. (Photo : REUTERS)Indian currency of different denominations are seen in this picture illustration taken in Mumbai India is emerging as the canary in the mine for Asia's money market.
Net long position of the US dollar fell, together with other currencies according to the Commodity Futures Trading Commission.
