New Zealand's Synlait Milk Ltd. planned a share sell off and an IPO to raise a total of NZ$120 million making it end the majority stake held by China's Bright Dairy.
Sectors
TA Associates acquire minority stakes on Fractal Analytics
TA Associates purchased a minority stake in Fractal Analytics. (Photo : Reuters)This is the logo of Fractal Analytics. A minority stake in Fractal Analytics was bought by TA Associates worth $25 million.
Russia and UAE firms co-invest to pursue market
The RDIF and Abu Dhabi's Mubadala co-invest to penetrate the growing Russian market. (Photo : Reuters)The image is the Russian skyline during evenings.
Jefferies & Co. funds Icahn's buyout of Dell
Jefferies & Co. loaned Carl Icahn $5.2 billion to fund its bid to buy Dell Inc. (Photo : Reuters)The image is Carl Icahn speaking before a group of fellow investors.
Dubai Increases Asset Sales, US$30 Billion Debt Draws Near
As its debt drew near, Dubai increased asset sales to pay its US$30 billion worth of debt next year and another US$9.6 billion debt by 2015.
Latest News
TA Associates announced acquisition of a minority stake in Fractal Analytics through a US$25 million investment.
Prof. Jacob A. Frenkel was named the new chief of the Bank of Israel replacing former bank governor Stanley Fischer.
Suntory Holdings Ltd's food and soft drinks unit was set to price on Monday hoping to raise as much as US$4.8 billion.
Kuwaiti Sheik Meshal Jarah al-Sabah sued UBS AG in a Dubai court valuing the case at US$21.4 million.
Billionaire Kumar Mangalam Birla's daughter Ananyashree Birla offered credit to women in villages in Maharashtra state.
Echo Entertainment submitted plans valued at US$1 billion for expansion. (Photo : Reuters)The image shows people playing in a casino. Echo Entertainment, an Australian gaming firm has submitted plans for a US$1 billion expansion.
Rio Tinto decided not to sell its diamonds arm with the company's CEO stating that the firm is well positioned to capitalize its unit on the positive market outlook.
Sinopec Group of China agreed to buy Marathon Oil Corp's Angola offshore oil and gas field called Block 31 in a US$1.52 billion deal.
Two sources told Reuters on Sunday that Vodafone proposed a new bid for Kabel Deutschland early on Monday.
