GM set to expand its operations in Mexico. (Photo : Reuters)The image is a GM parking lot with recently manufactured vehicles in a row. Last Wednesday, General Motors Co had unveiled plans for the expansion of its Mexican operations, investing US$691 million into the country.
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The initial pegged price for HD Supply Holdings IPO shares was not achieved, as buyers bought the shares at below set prices.
After due investigation, the special committee finds no breach of fiduciary duty conducted by the board of directors of Lufkin Industries for the GE deal.
Sunglass maker Italia Independent will do IPO at the Milan junior AIM stock market. (Photo : Reuters)The image is Lapo Elkann, the CEO of Italia Independent.
According to an IFR report, UK mutuals may not be able to survive the tough new regulations imposed by UK authorities.
The Chinese securities regulator grants mutual fund licenses to HSBC and Citigroup. (Photo : REUTERS)Banking group HSBC has settled a case brought by a fund over losses it suffered during the collapse of fraudster Bernie Madoff's financial empire, potentially paving the way for more claims against fund custodians.
According to the German antitrust regulatory authority, the ownership of other service providers would delay and hamper Liberty Global's purchase of Kabel Deutschland.
After a previous disapproved bond issue, British Airways again attempts to float asset backed bonds to raise funds.
Tilal Development Co would be issuing a sukuk whose proceeds would be used to pay off debts and expand the Muscat Grand Mall.
Virgin Money recently returned to profitability after its acquisition of Northern Rock last January 2012.
Bizo obtains US$12.5 million venture debt financing with City National Bank. (Photo : Reuters)The image is the corporate logo of Bizo. Bizo announced that it had obtained a venture debt financin deal worth US$12.
TPG bids with Blackstone as well as MEASAT for Optus' Australian satellite. (Photo : Reuters)The image is the corporate logo of SingTel. TPG Capital is currently participating in two separate bids for the Australian satellite unit of Singapore Telecommunications Ltd.
Raffeisen Zentralbank agrees to acquire loan assets from Volksbanken AG as part of the bailout plan.
MTS had entered into a compromise regarding ownership of Bitel. (Photo : Reuters)The image is the facade of a shop of one of the bidders for Tele2, MTS.
Senegal to issue Eurobond, one of the very first ones from Africa. (Photo : REUTERS)The system of so-called A US$500 million ten year Eurobond issue would be made by Senegal pegged at a 6% interest rate.
Norway purchases more shares in Cermaq. (Photo : Reuters)The image is a fishing boat at the Atlantic Ocean. The state of Norway had spent nearly 1. 56 billion crowns or US$254 million to increase its shareholding in fish farmer Cermaq to 60% overall.
German real estate firm GSW Immobilien goes on a further tailspin after GSW Workers' Council follows call for resignations.
The Royal Bank of Canada and other fund managers to open new exchange to avoid high frequency traders.
Telefonica is threatening to file a complaint against the Czech Republic for unfair business practice.
Due to current market conditions, the IPO for Travellers International Hotel Group has been postponed to a later date.
Millennium had done four exits of companies it had invested in just for the first half of 2013. (Photo : Reuters)The image is the acquisition by Yahoo of Tumblr.
Crestwood Niobrara has entered into an agreement to purchase 50% of Jackalope Gas Gathering. Crestwood Midstream Parters LP had announced that its subsidiary, Crestwood Niobrara LLC had entered into an agreement for the acquisition a 50% interest in Jackalope Gas Gathering Services LLC.
Sonendo announced the completion of equity financing totalling US$27 million. (Photo : Reuters)This is one of the root canal procedures that Sonendo has revolutionized with modernized technology.
E la Carte announced that it had raised US$13.5 million for the development of expansion of E la Carte's Presto.
Avista Capital Partners purchases Telular Corp through the acquisition of outstanding capital shares of stock for the latter company.
Pacific Equity Partners and Blum Capital Partners are selling off their shares in Xtralis. (Photo : Reuters)The image is the corporate logo of Xtralis.
GE has accepted the offer for TIP Trailer Services business from the China based HNA Group. (Photo : Reuters)The image is the GE logo atop its corporate headquarters.
OMV forges agreement with Abu Dhabi National Oil Co for oil and gas explorations. (Photo : Reuters)The image is a gas pump of OMV. OMV, the Austrian energy firm, had announced it had signed a deal in Abu Dhabi for oil exploration and natural gas prospecting projects in the Gulf region, particularly the United Arab Emirates.
The US$790 million acquisition by the unit of China Fishery, Grand Success Investment has been completed.
Nereus Capital Management would be receiving US$100 million for its clean energy fund for India. (Photo : Reuters)The image is the logo of the United States Agency for International Development.