Billabong is currently priced at Aus$0.50, much lower than the estimated offer. Billabong International Ltd, the largest surf wear company in Australia, is being bidded out for as low as Aus$0.
Institutional investors
UBS was backer for CP Group Purchase of stake in Ping An
Unbeknownst to many, UBS was the financial backer of CP Group in its purchase of a stake in Ping An Insurance of China.
Barclays CoCo Bonds Breaks Conventions
The issuance of the Barclays CoCo bonds defies critics and conventions. Barclays new CoCo bond has defied naysayers with its pricing for its ten-year-non-call five issue deemed hard to sell in the US market.
Versace Reviewing Options for Further Growth
CEO Ferraris of Versace is open to recommendations on possible capital investments or retention of family exclusivity for growth opportunities.
Survey shows decrease in M&A deal volumes for emerging markets in 2012
A new survey revealed that mergers and acquisitions activity for developed and emerging markets declined in 2012.
Latest News
Bertelsmann would be selling off part of its shareholdings in the RTL Group for an estimated Eur1.5 billion.
France Telecom and Deutsche Telekom venture in the UK EE is planning strategic changes. EE, Britain's largest mobile operator, is now undertaking plans to prepare for its initial public offering.
Allianze, through its CIO criticized the handling of block sales of firms resulting in retained shareholdings by the bank.
Debt bonds with BBB Minus rating would be offered by BTG Pactual Group subsidiary BTG Investments. A subsidiary of BTG Pactual Group, BTG Investments is planning to sell off five year senior unsecured bonds by next week.
According to a shareholder group, RBS and its directors should stand trial for lost share value in the bank because of the acceptance of the bailout plan.
Belgian firm Alfacam is now in rough waters financially after its credit line was cut off for breach of covenants.
Dish Network would offer senior notes amounting to US$2.3 billion, double its previous announcement.
DAMAC Properties would be listing publicly in the Dubai bourse amidst high interest for IPOs in the region.
Midokura's network development software boosts its capital infusion with US$12M from INCJ and US$5.2M for other investors.
