An acquisition deal for a Chinese copper landmark had been placed at risk after the USD3 billion agreement was reviewed.
Investors
Stockholm Exchange nears high, IPO improves
The number of initial public offering in Sweden had increased while Stockholm's OMX All-Share Index had reached a record high, erasing market volatility in the country.
RingCentral files for IPO
RingCentral submitted an application for an IPO with the US SEC. A leading provider of cloud business communications to the market announced the filing of a registration statement on Form S-1 with the SEC.
FilmTrack receives USD20 million equity investment
FilmTrack closed equity investment round with the largest contribution from Insight Venture Partners.
J.C. Penney files prospectus for Ackman’s entire stake
Pershing Square Capital Management LP's CEO Bill Ackman had agreed with JC Penny Co. on the sale of his entire stake in the company.
Latest News
Globecomm Systems Inc. said that it had agreed acquisition from Wasserstein & Co for USD340 million.
The Reserve Bank of India had allowed non-resident Indians to purchase shares from Tai Industries and Madras Aluminum Company.
BBA and DAE discuss merger possibilities. The world's largest producer of bases for business jets, BBA Aviation Plc was in discussion with Dubai Aerospace Enterprise Ltd, an aircraft leasing company, as to the combination of their business enterprises.
ING Groep NV had sold its South Korean insurance unit for USD1.7 billion to MBK Partners Ltd. MBK Partners Ltd. is an Asian buyout company which was formed by ex-Carlyle Group executives.
Uralkali CEO Vladislav Baumgertner was held in custody after holding potash discussions in Belarus. OAO Uralkali Chief Executive Officer Vladislav Baumgertner was detained in Belarus.
Gold prices, after a previous period of decline, is now on the rise, recently topping the USD1,400 level.
Muriel Siebert, the first woman to ever take a seat on the NYSE, succumbed to cancer complications and died at the age of 80.
India's ONGC Videsh said it would increase its overseas debt to fund a USD2.64 acquisition. ONGC Videsh Ltd. is a state-backed energy explorer in India.
America Movil had announced today its support for the purchase of E-Plus, Telefonica's German unit.
