Emirates NBD has repaid its bailout funds in the amount of 3 billion UAE dinars. Dubai's largest financial institution, Emirates NBD has repaid for April the amount of 3 billion UAE Dinars or US$816.
Investors
Pre 2007 Debt Crisis Levels Seen
In a warning report, Reuters has found that debt issuances by companies have reached near 2007 levels.
Noble Exceeds Its Target
Noble Investment Group exceeds investment funding target. The Noble Investment Group was very pleased to disclose the success of its latest investment fund round.
US$29 Million Raised for Vaportherm
Vaportherm receives US$29 million for its financial round. In a press release, it was disclosed that Vaportherm closed a US$29 million financial round last 12th of April 2013.
Rwanda Prices Eurobond Offer
Rwanda prices Eurobond offer capped at US$400 million. The Republic of Rwanda, with a rating of B/B has offered to the market a ten year Euro denominated bond with a reoffer price of Eur98.
Latest News
At the opening of market trading, Vodafone shares increased in light of rumored buyout offer from Verizon.
IHSI shares are now publicly traded in OTC Bulletin Board. The board of Intelligent Highway Solutions Inc has announced that shares of stock under the ticker symbol IHSI has been traded publicly in the OTC Bulletin Board.
Kawasaki Heavy Industries is open for merger option but has not made formal moves despite report from Nikkei newspaper.
In a surprising move, Ramky Enviro has suspended the scheduled IPO citing 'tepid market conditions.'
Potash Corp of Sasketchewan has formally withdrawn its takeover bid over Israel Chemicals. The Potash Corp of Saskatchewan Inc has cancelled a proposed takeover bid for Israel Chemicals Ltd after criticism of the deal was made by workers and politicians alike.
Royal KPN is now selling shares at 62% value of closing price in the Dutch bourse last Thursday. Royal KPN NV is in the process of conducting a Eur3 billion or US$3.
Baidu has acquired PPS Net TV as reported by China Business News. The largest search engine of China, Baidu Inc is now processing the acquisition of PPS Net TV, a Chinese online video company.
Arseus acquires Freedom Pharma to create a global niche for drug compounding. Arseus, in an announcement, made public its acquisition of Freedom Pharmaceuticals.
The neighbors at the Formosa Strait are now in agreement as to oil and gas explorations in Myanmar. Sinopec Group, the largest Asian oil refiner, had announced last Thursday that it had entered into an agreement to sell its 30% shareholdings in an oil and gas block located in Myanmar.
