Trinseo SA withdrew its proposed US$400 Million initial public offering on Friday. (Photo : Reuters)The image shows a division of a plastic factory. Plastic manufacturer Trinseo SA said on Friday that it had decided to withdraw its proposal for an initial public offering.
Industry
Meraas and Emaar Properties to Form Joint Venture
Meraas Holding and Emaar Properties announced an engaged joint venture for the development of a premium lifestyle community, Dubai Hills Estate.
Arabtec Holding Signs US$629 Million Joint Venture Contract
Arabtec Holding announced on Sunday that is has signed a joint venture contract for US$629 million. (Photo : Reuters)The image is the facade of one of the projects of Arabtec.
RBS Executive to Step Down
Royal Bank of Scotland CEO Stephen Hester was urged by the bank's board to step down prior to the government's sale of its 81% stake.
East African bloc struggles to attract foreign investments
East African bloc struggled to draw investment from foreign units. (Photo : Reuters)The image is an African man looking over an oil extraction rig. East African Community economies struggled to draw foreign investment due to internal problems.
Latest News
Sources state that Cinven is in exclusive discussions with Germany-based CeramTec priced at Eur1.5 billion.
International Automotive Components announced its IPO filing valued at US$115 Million with BofA Merrill Lynch, JP Morgan and Deutsche Bank Securities as its underwriters.
According to sources, Vodafone considers to improve its bid for Kabel Deutschland after the said deal to purchase the company at Eur81 per share.
The Indian government deferred the proposed stake sale of Jet Airways to Etihad as it seeks more information regarding the ownership of the local carrier.
Lampert used US$393 million of shares in AutoNation Inc. to cater to client redemption demands after investors saw struggle at Sears Holdings Corp.
Since February, top executives of Elan and Royalty Pharma have been vying to control over Elan. (Photo : Reuters )Irish drugmaker Elan will be giving back $1 billion to shareholders as a boost from the sale of its stake in multiple sclerosis treatment Tysabri to partner Biogen Idec.
A US$10 billion worth of initial public offerings are being threatened with the continuing decrease in Asia's Stock Market.
Interoll Group acquired Colorado company Portec Group International. (Photo : Reuters)This airport uses oonveyer technology. Incline Equity Partners confirms the sale of Canon City, Colorado-based specialty conveyors company Portec Group International to Interoll Group.
An initial public offering was filed by Envision Healthcare Holdings for US$100 million with net proceeds to be used to pay for the company's debt.
