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).
Investors
Ministers expected to approve latest disbursement of bailout aid to Greece worth Eur8.1 billion
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.
Kenai Stockholders Approve Serabi Gold plc's Plan of Arrangement
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 Buys 3.3% Chrysler Shares
Fiat exercises option to buy additional 3.3% Chrysler shares from the United Auto Workers union's VEBA.
China Insurer Purchases London’s Lloyds Building worth US$388 Million
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.
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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).
Teralys Captial announced its plan to invest $50 million through Cycle Capital and EnerTech. Teralys Capital Management had announced a Can$50 million investment in the clean technology sector of Québec.
McAfee announced the completion of acquisition of Stonesoft via tender offer McAfee announced the acquisition of Stonesoft via the completion of the tender offer that was announced last May 6.
A study has found that Academic endowments to Africa outperformed the US S&P 500 in the past decade.
A Mervin Davies led investment group is showing interest to bid for part of the stake in Lloyd's Banking Group
ING announced that they are selling their stakes in Chinese joint venture ING-BOB to BNP Paribas Cardif.
Scale mattered in recent TV deals. On Monday, the fresh-out of bankruptcy Tribune Company, bought 19 stations from Local TV Holdings. This deal amounted to US$2.
