ProSiebenSat.1 owners, namely KKR and Permira, are seeking to either sell off shares or sell the whole firm to another media outfit.
Sectors
Gulf Marine Services Obtain Syndicated Loan Facility
Gulf Marine Services receives loan facility worth UAE1.32 billion or US$360 million. On Sunday, the Abu Dhabi Islamic Bank had closed a syndicated Islamic loan facility valued at UAE1.
Thaksin To Purchase Bakrie Family Share in Bumi Plc
Thaksin Shinawatra, the former Thai PM, would purchase the Bakrie family interest in Bumi Plc. Thaksin Shinawatra, the former Thailand prime minister, has been in discussion to purchase the 23.
Reliance Communications Spins Off Property Unit
Reliance Communications would be listing its real estate business into a separate unit. The Reliance Communication of India has announced it would be spinning off its real estate business to a separate unit.
German Bundesbank Head Warns of ECB intervention
Germany's Bundesbank head says that the ECB cannot solve the current Eurozone crisis. According to Bundesbank Chief Jens Weidmann, the European Central Bank cannot solve the current Euro Zone crisis.
Latest News
Temasek Holdings denies approaching the UK government for its Lloyd Banking Group shareholdings. Temasek, the Singaporean sovereign wealth fund manager, has confirmed it had not approached the UK government as to the purchase of a part of state's shareholdings in Lloyds Banking Group.
According to a report by German magazine Wirtschaftswoche, Siemens and Stadler are planning to form a joint venture.
Mervyn Davies is planning to purchase part of the shareholdings of the UK government in Lloyds Bank.
The PSE President Hans Sicat says sales record still achievable within the year. According to the Philippine Stock Exchange, the target for record shares sales for 2013 is still achievable.
According to data shown by the US government, higher jobs were created last June that totaled to 195,000 from the previous forecasted of 165,000 job generation.
The interest rates of US are expected to increase within 14 months that should have the world brace for prolonged dollar surge.
The decrease in demands for China was accounted for its slowing economic growth as Asian's coffee premiums remain at multi-month highs.
China's Sunergy reported higher first-quarter shipments and earned about US$61.7 million. Sunergy Co Ltd, China's solar panel maker, reported it gained higher first-quarter deliveries.
Standard Chartered organized this year's annual conference held in India by bringing African chairmen.
