TCS, a credit card business company in Russia, set its IPO price at USD14 to USD17.50 per share piece.
Investors
UAE SMEs to continue hiring pattern for the next six months
In a survey conducted over UAE small and medium enterprises, over 80% would hire more employees in the next six months.
Saudi Arabia joins shale gas economy
By utilizing shale gas reserves in the country, Saudi Arabia can use the now popular energy resource for local purposes and use its oil for exclusively for export purposes.
LongVue Capital invests in MRO firm
Maintenance, repair and overhaul firm Ascent Aviation Services Corporation receives capital infusion from private equity firm LongVue Capital.
KKR acquires Mitchell Int'l from Aurora Capital
KKR purchases Mitchell International from Aurora Capital for an undisclosed amount. Aurora Capital is a private equity firm managing over USD2 billion of assets based out of Los Angeles.
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Industry observers believed that USPS would be able to achieve success similar to Royal Mail should the former would be listed on the stock exchange.
If the US fails to pass legislation to increase the debt limit, then the global economic system would be tremendously affected.
Frontier Beverage Company Inc announced today that it had completed its acquisition of holding company 22 Social Club Productions Inc and its subsidiaries Blue 22 Entertainment and AppQwest LLC
Investors might not had been receptive of Facebook Inc's acquisition of Israeli mobile data analytics firm Onavo as stocks of the social media fell 1.5% in pre-market trading today.
Sources told Bloomberg that Telefonica was preparing to sell the 69% stake it holds in Telefonica Czech Republic.
Baird Capital's portfolio firm MedPlast had bought Orthoplastics together with co-investors JZ Capital Partners and River Cities Capital Funds.
Palatine Private Equity had purchased a GBP 16 million minority stake in Bolton-based Forrest. UK-based investment firm Palatine Private Equity bought a GBP 16 million minority stake in social housing contractor Forrest.
TRAFI, a Lithuanian Journey planner startup, received a USD500,000 in investment capital from Practica Capital to expand into key markets unexplored by big players like Google Maps.
New York-based 21st Century Fox signed a deal to air German soccer to viewers in 80 countries around the world.
