Catalyst maker Johnson Matthey beat its own expectations with a 13-percent rise in profit, lifted by tighter European rules on emissions due to come into force in January.
Sectors
Johnson & Johnson selects two bidders for diagnostics unit sale
Sources name the Carlyle Group LP and a combined group from Danaher Corp and Blackstone Group LP to have successfully advanced to the final stage of sale negotiations for J&J's diagnostics unit
Deutsche Telekom to sell stake of Online Ad company, Scout24
Deutsche Telekom announced on Thursday that it would be selling its 70 percent stake of Scout24 to the SF-based Hellman & Friendman group while still retaining a 30 percent stake. The deal is worth 2 billion EU.
Telefonica open to Merger, Acquisition and Network sharing deals in Mexico
Spanish telecom group, Telefonica, announced on Thursday that it was open to talks about mergers, acquisitions and deals to share its networks in Mexico in order to streamline its operations.
Boku acquires Quebecell, Opening Middle East and Asian Markets
SF-based mobile payment and carrier billing provider, Boku, acquires India's largest carrier Billing company, Quebecell. Providing them with a centralized hub in penetrating Middle East and Asian markets.
Latest News
Chinese drug retailer Asia Health Century International, backed by private equity firm CVC Capital Partners Ltd, is planning a Hong Kong IPO of up to $300 million next month, the Wall Street Journal reported on Thursday.
Shares in Swiss biotech company Actelion rose on Thursday after broker Citi said in a research note British pharma group AstraZeneca might be interested in buying it.
French private equity firm PAI Partners confirmed on Thursday it has sold a 9 percent stake in IT services firm Atos for 545 million euros ($732 million).
iSTAR Medical SA, a privately held ophthalmic device company and first spinout of Healionics Corporation, today announced it has raised EUR 4.0 million from institutional investors in a Series A financing.
Italian bank UniCredit said on Thursday that it may consider selling its indirect stake in professional football team Associazione Sportiva (AS) Roma, although no decision had yet been made.
A weakened South African rand led to a drop in the profits of specialist bank and asset management group Investec. Profits declined 1.6% due to the diminished performance of the South African currency.
China Cinda Asset Management Co. Ltd. is looking to raise USD2.45 billion in an initial public offering at the Hong Kong Stock Exchange. Cinda will sell 5.3 billion shares priced at HKD3.00 to HKD3.58 per share.
Chairman Sheikh Maktoum Hasher Al Maktoum said Shuaa Capital is exploring a joint venture, partial sale or bond as possible avenues to grow the company.
Online game developer Changyou.com Ltd. announced that it will buy a 62.5% stake in social communication software provider Raidcall for USD50 million. The majority equity interest in Raidcall is currently held by Kalends Inc.
