International Investment Bank of Bahrain purchases 10% of Leeds United Football Club. Leeds United, the UK football club has sold a 10% stake to the International Investment Bank of Bahrain.
Sectors
Credit Suisse Agrees to Sell JO Hambro to Bermuda National for 50 Million Pounds
Credit Suisse, the second-largest banker in Switzerland, has signed an deal to sell British wealth manager JO Hambro Investment Mangement Ltd. to investment company Bermuda National,
Russia's VTB Completes Tele2 Buyout
Banker VTB has successfully acquired the Russian operations of Swedish telecoms operator Tele2 as it hopes for potential investors.
MidOcean Offers to Purchase EDAC at a Premium
MidOcean through a letter offered to purchase all of the shares of EDAC at a premium higher than Greenbriar.
ProMOs Agrees to Sell Wafer Fab to GlobalFoundries
ProMOS Technologies Inc. reached deal to sell 12-inch wafer fab to Silicon Valley-based contract chipmaker GlobalFoundries.
Latest News
Liberty Global reaches deal with Barclays to purchase 12.7% stake in the latter's Ziggo. Liberty Gobal Inc. has acquired a stake worth 12. 7% in Dutch cable television operator Ziggo NV from Barclays Plc following the British bank's failure to seek buyers in a share sale last week.
QInvest to launch new Islamic funds not just for GCC consumption but for the world as well. QInvest, the investment bank with majority shareholdings owned by Qatar Islamic Bank, announced that it would plan to launch at least thirty Islamic funds in the next three years.
Transportation equipment firm Toyota Industries Corp. made completion of its tender offer for shares in Cascade Corp.
John Malone's Liberty Global purchases Ziggo stake from Barclays Bank. Liberty Global, the cable investment firm founded by John Malone, has recently purchased a 12.
Dutch coffee maker D.E. Master Blenders has been in talks on its buyout by a group led by Germany's Joh. A. Benckiser GmbH in an around 7.6 billion euro deal.
Matrimony.com is now preparing for IPO. In a country that spends US$37 billion a year on weddings, it is no wonder that one of its premiere matchmaking sites is going public.
Shares in Tipco have increased dramatically despite the possible buyout by a group led by Thai billionaire Chareon Sirivadhanabhakdi.
Panasonic of Japan is trying to structurally change in order to address major weaknesses in its business structure.
Perform enters into partnership with ACBJ, current owners of the Sporting News. Perform, the British digital rights firm has entered into a partnership with Sporting News, the US media brand to boost its expansion into the North American Market.
