Sectors
Sumitomo Sells Off Stake in Barclays
Sumitomo Mitsui Banking Corp sells its shareholdings in Barclays to Nomura Securities. Sumitomo Mitsui Banking Corp of Japan had announced the sale of its shareholdings in British bank Barclays.
Alibaba IPO May Be Led by Credit Suisse
Alibaba's much anticipated IPO is rumored to be led by Credit Suisse. According to anonymous sources familiar with the matter, the highly anticipated IPO of Alibaba Group of China would be led by Credit Suisse.
PespiCo Denies Acquisition Deal for SodaStream International
PepsiCo denies a published story from Calcalist, a financial newspaper of plans to acquire SodaStream International.
Volaris Files for IPO at The New York Stock Exchange
Volaris, the Mexican budget airlines, is planning to undertake an IPO worth US$100 million. The operator of Mexican budget airline Volaris, Volaris Aviation Holding Co.