Osram warns of share value drop at debut in the market. (Photo : Reuters)The logo of Osram. In an effort to focus on the more profitable line of business, Siemens is set to spin-off its lighting arm Osram.
Sectors
MUFG to pay US$4.1 billion for Thai Bank of Ayudhya
According to the Nikkei newspaper, Mitsubishi UFG Financial Group of Japan paid US$4.1 billion for the acquisition of Thailand's fifth largest lender, the Bank of Ayudhya.
138 Million Euro Loan for Ukrainian Wind Farm
Ukrainian company gets a loan to build a wind farm. A unit of DTEK Holdings BV was able to get a Eur 138 million loan from Landesbank Berlin AG for developing a wind farm in the southern part of Ukraine.
Fiat Set to Earn More from Chrysler
Fiat is going to earn more from Chrysler this year. (Photo : Reuters)This is a photo from the Geneva Auto Show for the Chrysler booth. Fiat, the Italian car company is set to earn more from Chrysler this year.
$2.6 Billion Debt of Dish Network to be Redeemed
Dish Network is set to redeem $2.6 billion in debt. (Photo : Reuters)The image shows a hanging sign of Dish Network. Dish Network made a bid to acquire Sprint Nextel and issued $2.
Latest News
Mauritius Commercial Bank is aiming to raise 5 billion rupees. (Photo : Reuters)A building of Mauritius Commercial Bank. The Mauritius Commercial Bank is aiming to raise more than 5 billion rupees that would allow it to go ahead with a restricting plan.
Apax Partners raises funds for its latest fund Apax VII. (Photo : REUTERS)To match Insight APAX/ In a statement Friday, Apax Partners said it had raised nearly US$7.
adeven closes US$4.3 million in funding for the development of the services it offers to the public.
Arsenal Capital acquired ADCO Global but financial terms were not divulged. Arsenal Capital Partners have signed an agreement for the acquisition of ADCO Global Inc, the world's top manufacturer of specialty adhesives, tapes and sealants.
Adstage receives US$100,000 seed funding from the LAUNCH Fund. (Photo : Reuters)The image is a network of computers that is online where advertising is present.
No new offer for ENRC buyout. (Photo : Reuters)The image is the corporate logo of ENRC. The founding trio for mining company ENRC is not making any new offers for their their bid to buyout the other investors in the company.
Fiat refinances 2 billion euro loan to acquire Chrysler. (Photo : Reuters)The image is the Fiat showcase during a carshow. In a bid to become the world's seventh largest car maker basing on sales, Fiat has announced that it is refinancing a loan valued at 2 billion euros.
Intuit has purchased Elastic Intelligence to utilize Connection Cloud Technologies. (Photo : Reuters)The image is the corporate logo of Intuit. Intuit, the business company that focuses on small and medium scale enterprises, has acquires Elastic Intelligence.
SiteScout purchases assets of the closed Adbrite for its system integration and improvement. (Photo : Reuters)The image is the corporate logo of the closed down AdBrite.
