People

Billionaire leads Thailand’s biggest takeover

Thailand's CP ALL Pcl acquired Siam Makro Pcl after its shareholders agreed on the 189 billion baht ($6.1 billion) deal. This acquisition is considered to be the Southeast-asian nation's largest takeover in history.


Another Asian Supervisor Leaves Providence Equity

Patrick Corso departs Providence Equity, the fourth senior departure in the company since 2008. (Photo : Reuters)The image shows a view of Hong Kong's business district.

Government gives big banks 2 years to comply

Bank of America, Chase, CitiGroup and other big banks were given two years to comply with the Dodd-Frank requirement that pushed swaps trading out of banks.

Updates - Encana names new CEO, former BP Plc executive Doug Suttles

Doug Suttles has three-decades of experience as an oil and gas veteran. (Photo : )Oil and gas veteran Dough Suttles (left) formerly of BP, is now CEO of Escana Doug Suttles preceded interim CEO Clayton Woitas.


Latest News

The British water company refused negotiations before deadline of bid. (Photo : Reuters)The image is the corporate logo of Severn Trent Services. No new offer from the LongRiver consortium, until talks with the board will be pursued.
KT Capital Partners, LP and CapitalSouth Partners Fund, acquires majority of stake at CableOrganizer .com.
1.2 billion euros worth of bonds will be issued with the attempt to boost the company’s finance arm
Insight Venture Partners is the leading investor of the said fund. (Photo : intel capital) A $42. 8 million worth of funding was received by BrightEdge, led by Insight Venture Partners.
MaxTradeIn is a free website that allows consumers to list their vehicles, with headquarters in Indianapolis.
Outside Japan, BoJ perceived lack of action affects even Euro Stocks. (Photo : Reuters)The image is a stack of Japanese yen. FTSEurofirst 300 index closed sharply lower and down by 1.
Virtus Health Pty Ltd great IPO start at 7% its premium and brings possible renewed interest on investing at private equity-backed firms.
Investors aren't so sure as to the direct outcome of Mexico's new law toward communication companies.
Japan's central bank holds back on new measures to calm turbulent markets. (Photo : REUTERS) Central bankers considered the idea to extend the maximum duration of cheap, fixed-rate funds offered via market operations from one year to two years.
Hyundai Rotem IPO is now official. KOSPI gives the go signal for Hyundai Rotem Co's IPO. This forecasts high gains for its majority holders Hyundai Motor and Morgan Stanley.