Greece was expected to receive Eur8.1 billion from Euro-area finance ministers. Euro-area finance ministers were expected to approve Greece's newest disbursement of bailout assistance.
Investors
Source: Renault-Dongfeng US$1.6 billion deal expected this month
Renault and Donfeng Motor Group hoped to close a deal worth US$1.6 billion this month. On Monday, Renault, a French carmaker, and Dongfeng Motor Group hoped to end up with a deal later this month.
Sources: TPG to acquire TSL Education for GBP400 million
TPG was about to purchase TSL Education for GBP400 million because it was attracted by TSL's network of 52 million teachers.
Nairobi Securities Exchange Offers Exchange-Traded Funds
Nairobi Securities Exchange offered exchange-traded funds for individual investors. The Capital Markets Authority said in an emailed statement that the Nairobi Securities Exchange would be offering exchange-traded funds.
Chilean Pharmaceutical Company Plans to Expand Big in South Africa
CFR Pharmaceuticals has embarked on a South African road show starting June 08. Chilean generic drug producer CFR Pharmaceuticals has embarked on a South African road show starting June 08.
Latest News
Kenai stockholders approved Serabi Gold plc's proposal to acquire their whole share capital. Serabi Gold plc announced that Kenai Resources Ltd's stockholders favored its proposal to purchase the whole share capital of Kenai.
Fiat exercises option to buy additional 3.3% Chrysler shares from the United Auto Workers union's VEBA.
A Chinese insurance company agreed to acquire the London’s Lloyds building for US$388 million. A Chinese insurance corporation decided to purchase the Lloyd's of London building worth GBP260 million equivalent to US$388 million.
The European Union and the United States begun their talks about world's largest trade and investment relationship.
US Federal Communications Commission has approved Softbanks' US$21.6 billion acquisition deal for Sprint.
South Korea issued a bond-market aid package. South Korea announced that it would issue a bond-market aid package to increase liquidity in the market. This package was called primary-collateralized bond obligations, according to an emailed statement from the Financial Services Commission (FSC).
International lenders for Greek Aid are close to wrapping up talks International lenders for Greek Aid are close to wrapping up negotiations to unlock Eur8.
UK stocks rose to their highest in 6 months There was a rise in United Kingdom stocks this week, the biggest weekly gain seen in six months. There was an increase of 78.
Avnet Inc expressed their interest in acquiring MSC Investoren GmbH Avnet Inc announced that they have entered an agreement to acquire MSC Investoren GmbH (MSC Group).
