Gunnebo Security Group announced acquisition of all shares in ATG Entrance Corporation, the company’s turnstile distributor in South Korea for 10 years.
Sectors
3i, ACP Consider Putting Scandlines Sale on Hold
3i and Allianz Capital Partners considered putting the auction for Scandlines on hold after failing to agree on a price with the remaining bidder.
Banks Compute Risks Differently, Says Basel
Banks computed risks differently, according to Basel Committee. The Basel Committee said that results of its study show variations in how 100 banks compute risk.
IMF lends US$5.3 Billion to Pakistan to Boost Rupee
The International Monetary Fund approved Pakistan's US$5.3 billion loan to help the nation stabilize its struggling economy.
Panasonic Buys Stake in Gorenje
Japanese consumer electronics company Panasonic announced acquisition of stake at Gorenje, one of the largest household appliance makers in Eastern Europe.
Latest News
Seibu Holdings Inc of Japan met with its top shareholder, Cerberus Capital Management LP last Friday along with two other big Seibu shareholders.
HTC Corp's increase in profit were expected to stop due to advancement in its bigger rivals' technology.
HSBC Holdings Ltd would exits its retail banking and wealth management business in Korea to focus more on the profitable enterprises.
CNOOC announced that they have signed a PSC with PetroBroad Copower CNOOC Limited announced that the China National Offshore Oil Corporation (CNOOC), its parent company, has signed a PSC or a production sharing contract with PetroBroad Copower Limited (PetroBroad Copower) to do work for Block 28/03 in Pearl River Mouth Basin.
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.
