Articles by Marc Castro


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Intas Pharmaceuticals, the Indian drug manufacturer, would undertake an IPO. (Photo : Reuters)The image is the corporate logo of Intas Pharmaceuticals.
Chesapeake Energy shareholders soundly rejected the proposed leadership change process. (Photo : REUTERS)To match Special Report CHESAPEAKE-MCCLENDON/LOANS On Friday, the shareholders of Chesapeake Energy Corp rejected the proposal that would allow the board of directors of the company be replaced in one fell swoop.
Polkomtel was able to arrange for new financing in order to reduce overall debt burden. (Photo : Reuters)The image is the corporate logo of PKO Bank Polski SA.
Ooredoo withdraws from the race for Maroc Telecom citing valuation issues as well as frustration with the bidding process.
BNP Paribas and Natixis is bidding to buyout Saur, the water and waste treatment utility. (Photo : Reuters)The image is the corporate logo of BNP Paribas SA.
Mercator shares owned by Pivovarna would be sold to Agrokor. (Photo : Reuters)The image is the corporate logo and byline of Mercator in Slovenian. Pivovarna Lasko, the largest beverage producer in Slovenia, had said that it would be selling off its shareholdings in Mercator, the largest food retailer in the country.
Honeywell Industries, which purchased Intermec for US$600 million, has obtained approval from the European Commission.
Tunisia finalizes loan package from Islamic Development Bank and the International Monetary Fund. (Photo : Reuters)The image is the former Tunisian first lady in a file photo.
Diamond Resorts to undertake IPO at the NYSE under the symbol 'DRII'. (Photo : Reuters)The image is a phone on the NYSE trading floor. US regulators received IPO documentation filed by Diamond Resorts International for the listing of up to US$200 million worth of common shares to the public.
Elan Pharmaceuticals has decided to sell itself after the many tendered offers it has received. (Photo : Reuters)The image is the logo of Elan Pharmaceuticals.
Lenta, the hypermarket chain of Russia, has chosen banks to provide assistance for its IPO. (Photo : Reuters)The image is the corporate logo of the MICEX or Moscow Exchange.
HD Supply Holdings Inc sets IPO, becoming public after going private back in 2012. (Photo : Reuters)The image is the logo of HD Supply. HD Supply Holdings Inc, the industrial and construction supplies distributor, announced that it is planning to raise about US$1.
United Development Corp of Qatar is seeking to finalize a loan to complete its project. (Photo : Reuters)The image is the corporate logo of United Development Co.
Gannett Co Inc purchases Belo Corp for US$1.5 billion. (Photo : Reuters)The image is the corporate logo of Gannett Co Inc. The largest newspaper chain in the United States, Gannett Co Inc announced it would pay US$1.
Societe Generale is set to buy out Credit Agricole's shareholdings in the joint venture brokerage Agricole.
FINRA will be submitting to the SEC a process to clear broker's records. (Photo : Reuters)The image is FINRA's corporate logo. The Financial Industry Regulatory Authority or FINRA said that it would in the next few weeks send to the Securities and Exchange Commission a proposal that would allow securities brokers to clean up some of the black marks on their broker's records.
Elan CEO Kelly Martin's future employment with the upcoming shareholder vote. (Photo : Reuters)The image is Elan's CEO Kelly Martin. When former Merrill Lynch banker Kelly Martin took over Elan Pharmaceuticals in 2003, it was well known he did not have any drug industry experience.
The promised dividend by PKO to its shareholders would push through even with the Swedish Nordea Bank purchase.
Rhoen-Klinikum that discussiins with Fresenius SE is not precursor to takeover. Rhoen-Klinikum, a cooperation of hospitals and clinics based out of Bad Neustadt an der Saale in Germany, warned that the vote by its shareholders against the takeover of another German hospital operator is not a precursor for another for its previous bidder, Fresenius.
Coty Inc, the perfume maker to the elite, is undertaking an IPO that is below market value with many provisions.
Exxaro announced the completion of its investments in two wind farms located in the Eastern Cape Province of South Africa.
Legal and General Group announced its plans for investments hinged on the government's changes in its policies.
Punch Tavern's bondholders rejected the latest proposal for debt restructuring. (Photo : Reuters)The image is a pub goer enjoying a pint. United Kingdom pub operator Punch Taverns Plc had earlier proposed a restructuring plan for its GBP2.
Virgin Money exploring IPO of Northern Rock. (Photo : Reuters)The image is the logo of Virgin Money. The bank that purchased Northern Rock Plc, Virgin Money Holdings UK, is in the process of searching for advisers to provide assistance for its initial public offer.
Chevron Phillips is planning a growth program in the Middle East. (Photo : Reuters)The image is the corporate logo of Chevron Phillips. The petrochemical joint venture between US oil firm Cheveron Corp and oil refiner Philips 66, Chevron Phillips Chemical Co, is now exploring ways to increase its presence in the Middle East.
Apollo Tyres purchases the shares of Cooper Tire and Rubber to create the seventh largest tire company in the world.
Fitch ratings warns Vodafone of the effect should the British firm purchase Kabel Deutschland. (Photo : Reuters)The image is the frontage of the corporate headquarters of Fitch Ratings.
Rio Tinto's agreement with EDF for its electricity is due on 2016, requiring the mining giant to seek options to improve efficiency and negotiate for a new contract.
Severn Trent rejection of the LongRiver consortium bid causes ripples in the mergers and acquisitions market as well as losses for hedge fund firms anticipating the buyout sale.
TopSpin LBO forms GHS Interactive Security to acquire Lifeline Security and Automation. (Photo : Reuters)The image is the corporate logo of TopSpin LBO.
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