Norwegian furniture maker Stokke AS looks into possible sale of the company. (Photo : REUTERS)Goldman Sachs Group Inc named insurance executive Mark Edward Tucker as an independent director on Monday, expanding its board to a dozen directors, most of whom are independent.
Investors
Macau Legend Development Looks for US$788 Million IPO to Fund Hotels
Macau Legend Development is seeking US$788 million initial public offering to be able to fund construction of new hotels in the country.
Partnership Debuts London at GBX385 Per Share
Partnership Assurance Group debuts in London Stock Market at GBX385 per share on Friday. (Photo : Reuters)The image is the corporate logo of Cinven, the majority shareholder of Partnership Assurance Group.
Soros Funds Management Goes Back to Japan
George Soros return to the Japanese market after seeing attractive signs of stability. Most investors are selling their stocks in Japan as they are worried that the country might find it difficult to recovery its economy according to sources.
FDI Policy Restricts Sale for Existing Indian Retailers
Walmart and Tesco are restricted to acquire existing Indian retailers because of the new policy set by the Indian government stating foreign companies should start from scratch.
Latest News
The acquisition of Smithfield Foods Inc. by a Chinese company has raised contradictions in the US over its benefits.
Centrica PLC is in discussion with Cuadrilla Resources to buy a stake in its licenses for the exploration of shale gas fields.
General Motors Co expands a maintenance program to boost revenue while still looking at share buyback and dividend.
Belgium post service eyes at US$3.9 billion market debut as it seeks more investors for it to be able to cope with the increasing demand in parcel delivery.
A partnership between Twitter and the world's biggest ad agency, WPP PLC transpired to better focus towards advertising.
Royalty Pharma's bid was threatened to be dismissed after the takeover panel released rulings that the US based company could no longer revise the terms on its proposed deal.
The U.S. Treasury continues to embark on a strategy to exit General Motors, selling its 30 million stock of the bailed-out company for $34.41 a share.
Sumitomo Mitsui Banking Corp sells its shareholdings in Barclays to Nomura Securities. Sumitomo Mitsui Banking Corp of Japan had announced the sale of its shareholdings in British bank Barclays.
Alibaba's much anticipated IPO is rumored to be led by Credit Suisse. According to anonymous sources familiar with the matter, the highly anticipated IPO of Alibaba Group of China would be led by Credit Suisse.
