Piraeus obtains shareholder approval for share issues and convertible contingent bonds. The second largest banking institution in Greece, Piraeus Bank, obtained shareholder approval last Tuesday for a Eur7,33 billion or US$9.
Institutional investors
KazMunaiGas to Issue US Dollar Denominated Bonds
KazMunaiGas are preparing two tranches of Eurobond issues each with a nominal value of US$200 million.
Billabong Negotiations Extended
Billabong has sought extension of discussions with Sycamore Partners and its former director for the proposed takeover.
Sura and Bank of Nova Scotia partner to purchase BBVA Horizonte
Sura and Bank of Nova Scotia shelled out US$258 million each to acquire BBVA Horizonte of Peru. The financial conglomerate Sura of Colombia together with the Bank of Nova Scotia had announced the purchase of BBVA Horizonte, the Peruvian pension fund.
GroundMetrics Ends Second Round with US$1.5 Million
GroundMetrics was able to raise US$1.5 million in second round of financing. The second round of financial infusion of GroundMetrics was very successful.
Latest News
Warburg Pincus invests an undisclosed amount in INEA of Poland for less than majority shareholdings.
The Costa Rican republic would issue two tranches of US dollar denominated bonds at US$500 million each.
Rosneft CEO Sechin changes tact with Rosneft minority shareholders. The head of Russian top oil producer Rosneft, Igor Sechin announced last Tuesday he is reiterating his cooperation with the minority shareholders of TNK-BP Holding.
GSK would form a joint venture partnership with Avalon Ventures to provide financial and technical support to drug-discovery start up companies.
Credits Suisse sells off its buy and sell private equity fund to Blackstone for an undisclosed amount.
Greek asset sale fund seeks revised bid for Opap SA from Emma Delta. Opap SA values fell after the Greek state asset sales fund sought assistance from Emma Delta, after the latter is the only firm that submitted a valid binding bid for the gambling company.
Onexim is now in discussion as to shareholdings purchase in OAO Rostelecom. Onexim Group, which is owned by Russian billionaire Mikhail Prokhorov, has said it may consider the purchase of a 10.
CA Technologies confirms news reports that it has acquired Layer7 Technologies. A VentureBeat report was confirmed by Reuters of the disclosed plans of CA Technologies to acquire Layer7.
Google's 4.4% increase helps S$P meet its averages in a dismal week. Earnings from Google buoyed a stock rise in technology shares last Friday. The gains from this market segment was unable to counteract the worst week in the S&P 500 since November.
