Daiwa House to Obtain about US$1.37 billion Through Share Sale

Daiwa House Industry Co. would raise about US$1.37 billion through share sale which would be the biggest stock sale by a property business.


Gunnebo Acquires Turnstile Dealer

Gunnebo Security Group announced acquisition of all shares in ATG Entrance Corporation, the company’s turnstile distributor in South Korea for 10 years.

UPDATE: Seibu and Cerberus Meet, No Listing Agreements Yet

Seibu Holdings Inc of Japan met with its top shareholder, Cerberus Capital Management LP last Friday along with two other big Seibu shareholders.

HTC's profit upsurge halts as bigger rivals become more innovative

HTC Corp's increase in profit were expected to stop due to advancement in its bigger rivals' technology.


Latest News

Admeta announced the signing of a supplier agreement with BBC worlwide private ad exchange Admeta announced that they have signed a supplier agreement with BBC Worldwide to optimize and monetize the Good Food and Top Gear properties outside of the United Kingdom.
Credit Suisse estimated that they will receive US$94 Million hits from UK tax deal Credit Suisse forecasted that they are expecting a loss of CHF90 million or something in the area of US$94.
The Swedish government declared a deficit in June. The Swedish government declared a deficit in government payments amounting to SEK6. 4 billion in June, under SEK28.
Azimuth changed its board members prior to Troy Resources' takeover. Azimuth Resources Limited, a company involved in the exploration of gold and uranium in Guyana, announced that there would changes its board members prior to Troy Resources Limited's takeover of the company.
British Land announced its acquisition of a west London office complex over a deal priced at GBP470 million.
NTT DoCoMo of Japan still refused to make a deal with Apple resulting to the lessening number of customers.
According to sources, Cerberus Capital Management LP and Seibu Holdings Inc would meet to discuss possible listing on the Tokyo Stock Exchange said on Friday.
Panasonic Corp decided to close its Hungarian solar cell plant after the yen weakened and would transfer its equipment to other plants in Asia.
Telenor appointed Stein-Erik Vellan as CEO of Globul. Telenor announced Stein Erik Vellan as the new CEO of Globul, Bulgaria's second largest mobile operator, with a 36% market share.
General Motors wanted to compete with Japanese auto-makers who dominate Indonesia by launching its no-frills Spin van.