The state-owned bank, which has been in talks to sell BNI life shares since last year, is reviving its plan to push through with the transaction.
Sectors
NanoSatisfi receives US $300,000 from Russian backed company
NanoSatisfi, which is working on its expansion projects, gets US $300,000 funding from Grishin Robotics.
Harbor Star cancels Php593 million IPO to September
Harbor Star cancelled its Php593 million IPO to September. Harbor Star Shipping Services Inc. put off its Php593-million initial public offering (IPO) to September.
Vertu Motors acquires its first Volkswagen dealerships for GBP3 million
Vertu Motors acquired its first Volkswagen dealerships for GBP3 million. Vertu Motors acquired its first Volkswagen dealership for GBP3 million. This was the company's second acquisition since its GBP50 million share placing in May.
Playtech acquires PokerStrategy.com Limited
Playtech acquired PokerStrategy.com Limited and its fellow subsidiaries. Playtech announced today its acquisition of PokerStrategy. com Limited along with its fellow subsidiaries.
Latest News
The majority stockholders of EasyJet backed the company's expansion plan despite the founder's resistance.
Noble Group Ltd weighed bid for Western Desert Resources Ltd, an Australian iron-ore miner. Noble Group Ltd. , a Singapore-headquartered trader of commodities, was considering a bid for Western Desert Resources Ltd.
Michael Hession was appointed as new CEO of InterOil, effective July 1, 2013. InterOil Corporation announced today that Dr. Michael Hession will be its new Chief Executive Officer.
Tata Capital Innovations Fund invested in Vaultize. Tata Capital Innovations Fund invested in Vaultize. The funds will be used for Vaultize's go-to-market strategy.
The privately held company gets deal with Johnson & Johnson Development Corporation and New Enterprise Associates as co-lead investors.
Delhaize Group announced that it would sell its 25 Maxi, Mini Maxi, and Tempo outlets in Montenegro to Expo Commerce.
NVM private equity invests in management buy-out of Buoyant Holdings, a UK furniture manufacturer. NVM Private Equity invested in a British manufacturer of upholstered fixtures in the amount of GBP 7 million.
C. Larry Pope said that there would not be any change in management following the US$4.7 billion takeover deal of Smithfield Foods Inc by Shuanghui International.
Forte Energy NL entered a non-binding contract for the intended purchase of Leominex for the growth of its uranium portfolio.
