Bayer AG purchases US contraceptive maker Conceptus. Bayer AG of Germany has entered into an agreement to purchase Conceptus, the American contraceptives maker for US$1.
Sectors
Rentokil Divests City Link for 1 British Pound
Rentokil sells City Link for a ceremonial 1 British Pound to Better Capital Investment Fund. Rentokil Initial Plc share values increased tthe highest in two years after its disposal of City Link Express delivery business.
Ista Undertakes Loan Marketing Activities
Ista, the German metering company, will be marketing its loan bond issue worth Eur1.5 billion. The German metering company Ista International GmBH recently purchased by CVC Capital Partners has commenced marketing activities for its Eur1.
Singapore Exchange Rejects Aussino Application
Because of an investor on the US sanction list, Singapore Exchange rejects Aussino share IPO. In a surprise decision, the Singapore Exchange rejected the application for the Sing$70 million or US$57 million reverse takeover deal of Aussino Group.
VTB IPO Fully Bought by Sovereign Wealth Funds
VTB IPO worth US$3.3 billion snapped up by sovereign wealth funds in Azerbaijan, Norway and Qatar. VTB, the second largest financial institution in Russia, has announced that subscribers have bought the entirety of its 102.
Latest News
Sumitomo of Japan would be purchasing shares owned by TPG Capital in BTPN Bank of Indonesia. Sumitomo Mitsui Banking Corp of Japan is in discussion to purchase a US$1.
Asian insurance industry investors see no sign of slowdown for fast growing market. A frenzy is underway in the Asian insurance industry and it has made many pay large sums so as not to miss opportunities to participate in the region's fastest growing market.
Sumitomo Corp pulls out of JV Agreement and purchase sale of coal mining tenements. In disappointing move, Sumitomo Corp has pulled out of a coal exploration partnership with Aquila Resources.
BHP Billiton sells Pinto Valley copper mine and an Arizona railroad to Capstone Mining Co. In agreement reportedly worth US$650 million, BHP Billiton sells two major assets to Capstone Mining Corp.
Mitsubishi UFJ Financial Group deals with Morgan Stanley and Deutsche Bank AG for deals. The American unit of Mitsubishi UFJ Financial Group Inc is in discussion about its sale of its trust banking services to clients of Morgan Stanley.
IPO is the next best option as five banks find it difficult to find buyers for their businesses. Five British banks would be looking to float their stocks in the market.
While many indicators say that there would be a worldwide economic slowdown, central banks aim to reverse or even control that.
The race to get top investors between foreign and local managers heats up in a system with little foreign currency exposure and lack of information on deals.
Barron's the financial paper, has said that Dell shareholders still stand to earn from the Dell-Silver Lake leveraged buyout deal.
