Liberty Global's acquisition of Virgin Media granted unconditional EU approval. Last Monday, John Malone's US cable giant Liberty Global has received unconditional European Union regulatory apprival for the takeover of Virgin Media.
Legal & Regulatory
Surabaya Agung's Share Trading Suspended in Indonesia Bourse
Because of a claim from a Singaporean creditor, share trading of Surabaya Agung was suspended in the Indonesian bourse.
Toronto Casino nearing approval for Cadillac Fairview and MGM
The approval by the mayor's executive committee pushes the casino plan forward for Cadillac Fairview and MGM.
China Blesses Glencore-Xstrata Merger
China conditionally approves Glencore-Xstrata merger. The merger plan of Glencore and Xstrata cleared its final hurdle when the Ministry of Commerce of China backed the deal's completion.
China recommends investment in state social fund
Dai Xianglong of the National Social Security Fund recommends state controlled enterprises In a quote of the National Social Security Fund council's party secretary, he is proposing that Chinese state-owned enterprises transfer 30% of their capital gains and ownership shares exceeding 51% to the fund.
Latest News
Clariant, in compliance with US regulators requirements, would be purchasing deep sea assets of the Gulf of Mexico owned by Ecolab.
Glencore to agree to concession requirements to achieve regulatory compliance for Xstrata merger. Glencore is now in the process of confirming concessions in order alleviate Chinese worries over its stranglehold on the existing copper supplies.
Malaysia's vibrant bourse is now the home of SPAC's in Asia. Malaysia is seeing a new kind of IPO in their bull market, called special purpose acquisition company.
Lehman bankruptcy administrators PWC announced payment of dividends to European creditors. US investment bank Lehman Brother's investors in its European unit would be repaid in full according to the firm's administrators.
With restrictions on shelved produce, days of operation and zoning regulations, many big box retailers such as Tesco are being squeezed in the South Korean market.
Google Inc. has reportedly offered a final package of commitments that include some changes in its operations in a bid to settle a European Union antitrust investigation on alleged discrimination against its competitors, according to a source.
Greek Prime Minister categorically says that the recapitalization has protected the Greek banks from a Cyprus like crash.
A report from the Financial Times said that the RBS lost its case against the hedge fund Highland. The Financial Times in London reported that the Royal Bank of Scotland Group Plc lost its high-profile legal dispute against the U.
Russia bans US officials and other Americans as a response to the ban made by US officials in related to the Magnitsky incident.
