The following bids, mergers, acquisitions and disposals were reported on Monday. The following bids, mergers, acquisitions and disposals were reported on Monday.
Investors
Lucio Tan to Consider Exiting Philippine Airlines After Two Decades
Billionaire Lucio Tan is considering to exit the aviation industry by means of share sale after two decades in the business.
Axis, ICICI, HDFC Bank Gets Fined for KYC Violations
The Reserve Bank of India (RBI) fined three banks that includes Axis Bank, HDFC Bank and ICICI Bank for violating the "know your customer" policy.
Indian Suitors Eye Deals for Australia Coal Mines
Rio Tinto received numerous interested parties to purchase its stake after announcing to raise funds for debt payment.
Bristol-Myers Executive, Ramnarine Admits Insider Trading
Robert Ramnarine, former Bristol-Myers executive pleaded guilty to the insider trading charges filed against him.
Latest News
Five board members of the new airline formed from the merger US Airways Group, AMR Corp and American Airlines come from investment firms.
Deloitte, the tax and advisory firm, has bought McColl Partners. (Photo : Reuters)The image is the logo of the top accounting firms in the US, Deloitte.
Freddie Mac announced a higher than market average value for its three month and six month bonds totalling US$3 billion.
Greece is required to sell off its energy company shareholdings as part of their bailout deal. (Photo : REUTERS)A Greek flag flies behind a statue to European unity outside the European Parliament in Brussels The largest refinery in Greece, Hellenic Petroleum was one of the assets identified in the privatization plan of the country.
Financial services agency Standard & Poor's revised its credit outlook rating on the United States to 'stable' from a previous rating of negative, citing instances of increased tax receipts.
Britain's second largest pharmaceutical company, AstraZeneca, plans on buying U.S. based Pearl Therapeutics.
European regulators see no issue with the purchase by Delta Airlines of 49% of Virgin Atlantic. (Photo : REUTERS)The Delta airline logo is seen on a strap at JFK Airport in New York According to Delta Airlines, it is expecting the unconditional approval from the European regulatory authorities for its purchase of 49% of Virgin Atlantic.
Dangote Cement sells off 1.5% to an unidentified sovereign wealth fund for 45.8 billion naira. (Photo : Reuters)The image is of Africa's richest man, Aliko Dangote.
Wal-Mart CEO Michael Duke is under fire after allegations of bribery of the Mexican government. (Photo : Reuters)Wal-Mart Stores Inc, which is facing bribery investigations by the U.
