State-owned China Southern airline has held detailed discussions last year with a consortium of wealthy investors to provide financial backing for the syndicate's stake in Qantas.
Mergers & Acquisitions
UK's AZ Electronics shareholder rejects Merck takeover bid
UK asset manager Threadneedle Investments has increased its stake in AZ Electronic Materials to above 11% in a move that could block the GBP1.56 billion takeover bid from German drugmaker Merck.
Booming IPO market could cap bond supply
Leveraged finance bankers are heading into 2014 with the same old nagging doubts about whether M&A will finally pick up, but this time round there is an even greater desire for a resurgence as refinancing opportunities fade.
Comcast taps JPMorgan on potential Time Warner Cable bid -sources
Top U.S. cable provider Comcast Corp has tapped JPMorgan Chase & Co for advice as it evaluates a potential bid for Time Warner Cable Inc, people familiar with the matter said.Comcast brought in the bank to help review options as speculation about cable industry consolidation increased in the past several months, one of the people said.
World Class acquires San Antonio shopping center
Austin-based real estate investment firm World Class Capital Group announced today that it has acquired San Antonio shopping center Culebra Crossing for an undisclosed sum.
Latest News
President and Chief Executive Officer Nobuhiro Torii told Bloomberg in an interview in Tokyo yesterday that Suntory Beverage & Food will not be actively pursuing acquisitions in the next 12 months following its debut on the Tokyo Stock Exchange this year.
Royal Philips and Funai Electric Co could find themselves in court over the failed deal involving the acquisition of the Lifestyle Entertainment business of the Amsterdam-based firm.
Kumar Rangaranjan, one of the founders of Indian startup Little Eye Labs, told the Wall Street Journal that it was in preliminary discussions with social media giant Facebook regarding a potential deal.
Queensland-based coal mining company Carabella Resources Ltd received a hostile bid from private Chinese firm Wealth Mining, which already owns an 11.06% stake in the Australian mining firm.
Australia-based ProPrint magazine has been purchased by Printer Magazines Group for an undisclosed amount after ProPrint's parent firm, Haymarket Media, decided to exit from the Australian market.
Insurance Australia Group Ltd is said to be thinking of making an offer for the insurance arm of Wesfarmers, according to sources interviewed by Bloomberg.
Total, Europe's third-biggest oil company, will purchase a 61.3% stake in InterOil Corp.'s liquified natural gas project in Papua New Guinea. The acquisition deal is worth USD3.6 billion.
San Francisco-based recruiting startup getTalent's founder Abraham Shafi told TechCrunch that his company was just acquired by job website Dice, but financial terms of the said deal were not disclosed.
Investment firm Catalyst Capital Group is the fourth bidder to withdraw from the Canadian government's auction of a 700 MHz wireless spectrum. Canada seeks to break the stronghold of three dominant players in the country's mobile phone business.
