ZTE announced that they were awarded a contract for 3G wifi router ZTE announced that they were awarded a contract to provide the Middle East's fastest growing telecom service provider du with its 3G Wi-Fi Router called the MF29.
Investors
New regulation allows Consumer Bureau to punish abusive collection methods by banks
The U.S. Consumer Bureau announced that banks supervised by them may now face penalties if they mistreat clients during collection.
UMW Oil & Gas Bhd IPO at MYR3 per share
UMW Oil & Gas Bhd IPO at MYR3 per share. UMW Oil & Gas Bhd, a unit of the Malaysian conglomerate UMW Holdings Bhd, was reported to set its minimum indicative price for IPO at MYR3 per share.
Fiat and Peugeot to enter into US$900-million delivery van venture
Fiat and Peugeot entered into a US$900-million agreement to improve delivery van models. To cut costs in ageing delivery van models, Fiat SpA and PSA Peugeot Citroen has released its plans to invest more than EUR700 million (US$900 million) on new delivery van models over the next five years.
K.K.R. raises US$6 billion Asia-Pacific fund
K.K.R. announced that they were able to raise a US$6 billion Asia-Pacific fund Kohlberg Kravis Roberts (KKR), the U. S. private equity giant, announced that they were able raise a US$6 billion Asia-Pacific fund.
Latest News
Kymeta raised US$50 million new financing. Kymeta, a Redmond-based satellite antenna developer that is not even a year old, showed signs of quick growth.
Oracle Corporation announced the pricing of their US$500 million floating rate notes. Oracle Corporation announced the pricing of its sale of US$500 million of Floating Rate Notes due for 2019.
Patriot Capital's latest PE fund raised US$250 million. A small business investment company (SBIC) fund was recently closed by the Patriot Capital Family of Funds.
OAO Pharmstandard stated they would buyout disgruntled investors at a discount. Russia's biggest pharmaceutical company, OAO Pharmstandard, shrunk the most since May 2009 after its plan to buy out unhappy investors' shares at a discount was revealed.
Ghana released information on seven-year bonds valued at around US$98 million. Ghana has prepared the sale of seven-year bonds valued at around US$98 million in two issues as Ghana aims to extend its government debt yield curve.
Kreative Ventures Limited announced that they have acquires additional shares in Augustine Ventures Inc.
Efficient Collaborative Retail Marketing announced that BV Investment Partners is ECRM's majority shareholder.
Legendary Pictures owner Thomas Tull is said to be in talks about a deal with Universal Pictures Legendary Pictures, owned by Thomas Tull, has been talking to several other studios as the set contact with Time Warner's Warner Bros.
Carl Icahn and Southeastern Asset Management planned buyout for Dell Inc. was backed by the company’s shareholder, Yacktman Asset Management.
