The Tourism Development & Investment Co was reportedly talking with various banks for a USD 1 billion loan facility to replace its existing debt, according to bankers interviewed by Bloomberg.
Investors
Crestwood Midstream Partners purchases Arrow Midstream Holdings for USD 750 million
Crestwood Midstream Partners bought Arrow Midstream Holdings for USD 750 million to expand its pipeline business in the North Dakota.
Monte Paschi will implement shareholder option to raise capital - CEO
Chief executive Fabrizio Viola of Banca Monte dei Paschi di Siena SpA had told reporters on Thursday that the bank would be increasing its capital via shareholder options.
Numericable taps to rising investor demand on faster fiber technology before IPO
Cable operator Numericable would be betting on its new fiber technology to attract investors before its planned IPO.
Beeck is new McDonalds CEO for German unit
Chief Operating Officer Holger Beeck would be taking over from Bane Knezevic as the chief executive of the German division of McDonald's Corp.
Latest News
Alibaba Group Holding Ltd would not list on the Hong Kong bourse, nor had plans to list on New York or any other bourse, said Chief Executive Jonathan Lu to Reuters.
After its review under the Global Financial Stability Report study, Italy, Spain and Portugal stand to be financially distressed because of their exposure to possible loan defaults from corporations.
Masdar Energy UK was granted a GBP 266 million loan from various lenders to fund its share of the cost of developing the largest wind farm in the world.
Land Securities Group said it would sell South Bank office properties worth GBP 315 million to M&G Real Estate.
Shares of Men's Wearhouse jumped 28% after rejecting the takeover bid of Jos. A. Bank. Shares of Men's Wearhouse increased 28% after it snubbed the USD 2.
Foster Farms said consumers should not worry about the company's chicken products amidst the salmonella outbreak traced back to its plants.
Synaptics Inc recently acquired Validity Sensors, Inc for USD255 million to obtain access to a profitable biometrics market.
Jet Airways and Etihad Airlines literally went through the proverbial eye of the needle, through the eye of the storm and weathered a broken camel's back to finalize its deal.
Men's Wearhouse snubbed the USD 2.3 billion takeover offer from Jos. A. Bank just two hours after it was made publicly.
