Germany may sell Commerzbank shares after elections

The German government is contemplating on selling its stake in the loss-making bank after the conduct of the national elections on September.


Dell Inc said to think about delaying shareholders vote on buyout

Dell Inc, third-largest personal-computer maker, may postpone shareholder’s vote regarding the buyout by its founder.

NASCAR, home of fast cars and big bucks

Big money arrived at the NASCAR race as company sponsorships abound. NASCAR season begins, and with fast cars came the equally quick multi-million dollar sponsorship deals.

Oi’s US$1.1 billion asset sale shores up company funding

Oi SA would sell its undersea cables and towers worth US$1 billion so that it could reinforce the funding for the company.


Latest News

A new report from the GreySpark Partners showcase the greater flexibility and efficiency of multi dealer platforms compared to other structures.
Aviva Plc was in talks with negotiators regarding its US$1.8 billion deal with Leon Black's Apollo Global Management LLC.
Etihad’s bid to invest in Jet Airways is expected to be completed in the next few months. India's Jet Airways is expecting investments from Etihad Airways of Abu Dhabi, which will be completed in the next few months.
PetroSA was said to be considering the possibility of buying Petronas' controlling stake in Engen.
Abbott Laboratories is set to acquire all of IDEV Technologies' outstanding equity shares for US $30 million.
iSight Partners gets funding from Blackstone to unveil Cyber Risk Management System. iSIGHT Partners received new investment from asset management firm Blackstone to launch the Cyber Risk Management System (iCRMS).
Tiger Bay's acquisition of Gramercy Park creates a 'superfirm' in the industry of asset management.
Invis Energy raised Eur160 million from NorddeutscheLandesbank and DNB Bank for a 42.8 megawatt wind farm in Ireland.
Baidu Inc shells out US $1.9 billion to acquire 91 Wireless, an app store firm. China's largest search engine company paid US $1. 9 billion to purchase an app store firm, 91 Wireless, from Hong Kong-listed NetDragon Websoft Inc.
The Renault-Nissan alliance will be investing US $2.5 million in India within the next four years. Car makers Renault and Nissan Motor Co. will be jointly investing the amount of US $2.
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