Zain would establish an Iraqi company to comply with IPO regulations in the country. The largest mobile company in Kuwait, Mobile Telecommunications Co, popularly known as Zain, is now in the process of creating an Iraqi company so that Zain Iraq would be able to comply with the regulations on public share sales.
Sectors
Paradis Squashes Telus Takeover Deal Application for Mobilicity
Canadian Industry Minister, Christian Paradis squashes Telus Corp's application for a takeover deal with Mobilicity following the Canadian ban for spectrum licenses acquisition from smaller rival companies.
Glass Lewis Advices Investors to Hold Off Sprint-SoftBank Vote
Glass Lewis advices shareholders to hold off the takeover vote for SoftBank Corp's takeover bid on June 12.
GE, Rockwell and Thales Drawn to Takeover Arinc from Carlyle Group LP
A private auction was launched that drew companies including GE, Rockwell Collins and Thales SA interested to bid for Arinc Inc.
TA Associates with SpeedCast Acquire Pactel
Pactel is acquired by the partnership of TA Associates and SpeedCast. One of the leading global private equity firms, TA Associates has entered into an agreement with its portfolio company SpeedCast Ltd to acquire Pactel International.
Latest News
Two companies that are link to Chinese State-backed groups are pursuing the US$5 billion Glencore Xstrata mines in Peru.
Cinven, the majority shareholder of Partnership Assurance Group, has announced IPO for Partnership to debut in the London Stock Exchange middle of June.
Equilibria criticizes the executive pay plan, its former acquisitions and future ones to be done. (Photo : Reuters)The image is the corporate offices of RHJ International SA.
Grupo Gigante purchases Office Depot share in Latin American venture. The Mexican company that operates office supply stores, Grupo Gigante SAB, has agreed to purchase half of the venture of Office Depot Inc in the country worth 8.
Pirelli chairman seeks to include new investors after falling out with major partner in the Pirelli investment.
Salesforce purchases ExactTarget for US$2.5 billion. The largest maker of online sales management tools, Salesforce. com Inc, has announced it would purchase ExactTarget, the marketing software maker.
Emaar MGF, the joint venture between Emaar Properties PJSC and MGF Development Ltd is being accused of FEMA violations.
Cardio3 BioSciences is planning an IPO after a previous unsuccessful run. (Photo : Reuters)The image is the microscopic view of a stem cell sample. Cardio3 BioSciences, the heart drug specialist pharmaceutical firm from Belgium, is now in the midst of planning the stock market offer of its shares in the Brussels and Paris bourses.
BlackRock, in a bid to lower trading costs as well as attract more investors, is setting up the first European ETF.
