Simply Business gets management overhaul after AnaCap Financial Partners took over its reins. AnaCap Financial Partners announced the management takeover of Simply Business, one of the pioneer brokers in commercial insurance in the UK.
Sectors
Sona Petroleum's IPO shares oversubscribed by 5.97 times
Sona Petroleum's IPO shares were oversubscribed by 5.97 times. Shares in Sona Petroleum Bhd's initial public offering were oversubscribed by 5.
AMCON hires Vevita and Citigroup for bank sale
AMCON hired Citigroup and Vevita Capital to handle the sale of three banks owned by Nigeria. The Asset Management Company of Nigeria (AMCON) hired Vetiva Capital, an Africa-focused investment bank and Citigroup to manage the sale of three banks owned by Nigeria.
Investor AB agrees with Altor to list Lindorff
Investor AB, one of the majority shareholders of Lindorff, said it was open to divesting ideas for Lindorff.
Sino Australia seeks extension of IPO
Sino Australia sought to extend its IPO. Oil company Sino Australia Oil and Gas, the holding company in Australia of Zhaodong Huaying Drilling (Huaying), sought to extend its initial public offering (IPO).
Latest News
Alibaba's plans to go public makes IPO the biggest since FB. Alibaba planned of going public by offering an initial public offering. The IPO could be the biggest since Facebook.
EMI broke buyout records. The EMI Group Pension Fund secured a buyout with Pension Corporation last week. The buyout was worth GBP1. 5 billion, which is considered to be the largest deal to date.
Travellers International stated that it would go ahead and spend US$600 million on expansion depite IPO delay.
Falcon Oil & Gas Ltd acquired the 24% interest owned by Sweetpea Petroleum for Falcon's subsidiary, Falcon Oil & Gas Australia Limited (FOGA).
Honda teams up with Guangzhou Automobile Group to get a share of the market pie in China. Honda Motor Co. has partnered with Guangzhou Automobile Group to manufacture and distribute Acura cars in China beginning 2016.
OUE announced that they raise US$476 million from the company's initial public offering Overseas Union Enterprise (OUE) announced that they will raise approximately SGD600.
Toshiba is investing in technology amounting to JPY 20 to JPY 30 billion in its bid to boost its position in the venture.
Deutsche Börse will soon launch its new block trading service, Liquidnet. Deutsche Börse announced that it will soon launch Liquidnet, its new block trading service.
Kofax received US$1.2 million for accounts payable processing from a global logistics company. Kofax PLC announced receipt of US$1. 2 million from a global logistics company.
