Daiwa House Industry aims to raise US$1.4 billion through share issuance Daiwa House Industry, Japan's biggest home builder, aims to raise US$1. 4 billion in share issuance to finance a real estate development push which will help power the property sector.
Investors
Lloyd's Building Sold To Chinese Insurance Company For US$388 Million
A Chinese Insurance Company bought the Lloyds' building in London for US$388 Million A leading Chinese insurance company agreed to buy the Lloyd's Building in London.
Actis to acquire 25% stake at Indian Symbiotec Pharmalab
Actis is finalizing a deal where it would make it a significant minority shareholder in Symbiotec Pharmalab.
TransAlta Renewables Spinoff Offers Growth Edge
TransAlta Corp planned to spin off its wind and hydroelectric power plants through an initial public offering to increase the company’s value.
Chargemaster Seeks US$8.9 Million in UK IPO
Chargemaster Plc intended to raise GBP6 million through an initial public offering that is expected to start trading this month according to its CEO, David Martell.
Latest News
The central bank of India announced its concern following the fast growing currency derivatives trading in the last three years.
The U.S. Treasury is being sued by Perry Capital LLC over its handling of Fannie Mae and Freddie Mac.
Real estate investment firm experts Martin Bronstein and Raplh Howard form new company BHW Former founders of Houston based Situs, Martin Bronstein and Ralph Howard announced the formation of BHW, a commercial real estate investment firm.
Ding Xuedong was appointed the new chief of the sovereign wealth fund of China and faced pressure to boost returns for the country.
Douglas J. Dayton, founding president of Target stores died at age 88 after his battle with cancer said wife, Wendy Dayton.
ProSiebenSat.1 said that its owners did not find any potential buyer for Der Spiegel, a German commercial broadcaster.
Mobileye announced raised US$1.5 billion worth of funds from 5 investors. Mobileye announced that they were able to raise funds from five investors worth US$1.
John Malone, Chairman for Liberty Media was reported to be the most popular media billionaire attending the annual meeting for tech and media moguls.
Japanese mergers affected by volatile yen. Japan has hit the lowest number of deals since 2004. The number of mergers in the first two quarters of 2013 was 997 with a total valuation of US$45.
