SZITIC Commercial Property Ltd had prepared plans to undertake an IPO in the Hong Kong bourse worth around USD1 billion.
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Twitter will acquire MoPub to sell ads on third-party apps, to launch IPO next year
According to a Forbes news magazine article, Twitter Inc.'s acquisition deal of mobile ad exchange startup MoPub implied that it would be readying itself for an IPO next year.
Acquisitions drive value of hearing-aid makers- Nordea
Nordea Bank said acquisitions had driven the growth of two European hearing aid manufacturers, William Demant Holdings and Sonova Holding.
Clarabridge scores USD 80 million in new funds
Clarabridge raised USD 80 million in equity investments from its new partners. Customer experience management (CEM) provider Clarabridge scored USD 80 million in equity investments in its latest funding round.
Saudi Aramco-Total joint venture to offer first fuel- sources
Sources told Bloomberg that the joint venture firm of Saudi Aramco and Total, Satorp, would be putting its first fuel up for sale this month.
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Analysts and pundits alike saw that private insurers who received state aid are reaping more benefits than they should.
Sources told Bloomberg that PetroChina Co has set aside USD 10 billion to invest in gas fields in Russia.
Apparel retailer Esprit Holdings attributed the loss in 2012 to a sluggish European market and increased competition from
other brand names such as Zara and Hennes & Mauritz.
The Philippines' Department of Finance announced that it had begun to accept development proposals under the Philippines-Italy Debt for Development Swap Program.
Rafael Correa, President of Ecuador, would be relying on USD18 billion worth of oil resources inside the Yasuni National Park to save the country from going bankrupt.
The Malaysian state run oil firm informed the Venezuelan government of its withdrawal from the Carabobo-1 oil project.
Sources who disclosed to Reuters that Umpqua Holdings Corp. (UMPQ) was in advanced stages of closing an acquisition of Sterling Financial Corp for USD1.8 billion.
The government of Japan announced that by next month, it would begin to thresh out the details of a joint procurement plan for the purchase of liquefied natural gas.
The increased value of jewelry maker Pandora this year gave investors something to smile about. Pandora showed investors that they had something to smile about in 2013.
