Mongolia plans to replace investment law that limits foreign ownership

Mongolia would be replacing its 2012 law that puts limits on foreign ownership with a new measure that is more investor-friendly.


Royal Dutch Shell, PetroChina joint venture considers building plant on Origin's site- source

A source told Reuters that Arrow LNG would consider building its LNG plant on a rival's site. Arrow LNG, the Australian joint venture firm of Royal Dutch Shell and PetroChina, would consider building its liquefied natural gas plant on Origin Energy's site.

Lloyds Bank to sell AUD 371 million loan portfolio to Sankaty Advisors

Lloyds Banking Group agreed on a sale of its loan asset portfolio from its BOS International Australia unit to Bain Capital's Sankaty Advisors.

Reliance Communications in talks with potential partners for stake sale

Indian telecommunications firm Reliance Communications said that it had been talking with partners for a stake sale of one of its units.


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Telekom Austria plans to raise EUR500 million to buy new frequencies and acquire companies. With the objective of purchasing new frequencies in a September auction and acquiring companies, Telekom Austria has planned to raise EUR500 million in fresh capital, the Der Standard reported.
Italian fashion company Trussardi said it would sell minority shares in the future if it needed to. Trussardi might offer a minority stake in the future to interested parties if it needed to.
London-focused real estate agent Foxtons said it would be selling new shares and company shares in its planned IPO to raise GBP 55 million.
As Amgen Inc's acquisition of Onyx Pharmeceuticals Inc comes to a close, Amgen Chief Executive Officer Robert Bradway is lauded for being a great dealmaker.
BBA Aviation confirmed reports that it is planning to merge with StandardAero and that it has already bought Maguire Aviation.
Niger plans to purchase Semafo's 80% stake in the Samira Hill mine in order to take full control of the project.
Mitchell Klipper, head of the retail group at Barnes & Noble, sells 400,996 shares, giving up more than half of his stake in the company.
The U.S. Supreme Court dismissed a shareholder derivative lawsuit filed against UBS by pension plans in Puerto Rico.
Fission Uranium considers taking offer to shareholders of Alpha Minerals after company refuses buyout discussions.
Daniel Loeb's New York-based hedge fund increases its stake in Sotheby's to 5.7%. A regulatory filing showed Monday that Third Point LLC, investor Daniel Loeb's New York-based hedge fund, had increased its stake in Sotheby's to 5.
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