Two firms were hired by Palmet Enerji to advise it on its IPO scheduled next year. Turkey-based Palmet Enerji said it had hired Garanti Yatirim Menkul Kiymetler and BGC Partners to be its advisers for the group's initial public offering.
Investors
AA, UA moves airline merger to be completed by January 18 next year
American Airlines and US Airways Group Inc. had came to an agreement that the USD14 billion merger should be completed before the new deadline, which is on January 18 next year.
South Korea gets first round bids for two regional banks
The South Korean government said it received preliminary offers for two regional banks from Woori Finance Holdings.
Potbelly sandwich chain hopes IPO share pricing will be at USD9-USD11 range
Potbelly Corp was hoping that its USD75 million IPO would have market pricing its shares not lower than USD9.
Smartphones challenge Japanese camera makers
A Bloomberg report said smartphones had recently threatened sales of Japanese camera makers Nikon and Canon.
Latest News
AquaSure's planned refinance was slated to cut its borrowing costs by more than half, according to a source interviewed by Bloomberg.
German hackers group Chaos Computing Club said it had cracked the fingerprint scanning technology of the Apple iPhone 5S.
The Nedbank Group appointed Andrew Bates as head of its Middle East private banking unit. Andrew Bates was appointed as head of Nedbank Group's Middle East private banking unit.
Australian venture capital firm Artesian Venture Partners (AVP) announced the launching of a new fund of funds designed to provide investment opportunities in early stage venture capital limited partnership (ESVCLP) funds.
According to its recent stock filing, NDB Capital Holdings Plc is planning a new private equity venture with US-based firm Zephyr Management LP.
Private equity veterans launched a new technology to secure investor data collaboration called TopQ.
Lloyds' TSB business had received early approaches from private equity firms, according to a report by City A.M.
Pelaburan Mara announced plans to invest in a soon-to-be-launched Shariah-compliant fund together with the Al-Rajhi Group of Saudi Arabia.
JPMorgan Chase & Co and the Bill & Melinda Gates Foundation formed the Global Health Investment Fund to combat deadly diseases in developing countries.
