Newcastle Airport Authority Ltd was reportedly planning to sell half its stake to infrastructure investors such as IFM Investors Ltd and other superannuation funds next year.
Sectors
Daimler to ink strategic cooperation deal with BAIC
Germany-based international car producer Daimler announced a new strategic cooperation agreement with China-based partner automobile seller BAIC Motor that would be signed by both parties on Tuesday.
TrimTabs research says investors pour USD 34.1 billion in equity mutual funds, exchange-traded funds in four weeks
TrimTabs Investment Research revealed that investors had poured an estimated USD 34.1 billion in equity mutual funds and exchange traded funds in the four weeks ending November 13.
LightSquared sues Dish, Ergen over control of its broadband spectrum
According to a lawsuit filed by wireless communications firm LightSquared Inc, Dish Network Corp and its chairman, Charles Ergen had schemed to ensure that the latter would be able to obtain the former's broadband spectrum.
RRJ Capital starts campaign for China-focused USD 1 billion Asian real estate fund
Private equity company RRJ Capital said it has already began to market its Asian real estate fund which will focus on China. RRJ Capital is looking to raise USD 1 billion for the fund.
Latest News
Private equity firm Boyu Capital has experienced the pressure that the delay in the long-awaited initial public offering of Chinese e-commerce giant Alibaba has caused.
Philippine-based GT Capital Holdings Inc, which is owned by tycoon George Ty, announced its interest in contesting SM Group's PHP54.5-million proposal for the 300-hectare reclamation project in Pasay City.
Spain's largest media firm Promotora de Informaciones or Prisa was close to reaching a refinancing agreement with its creditors for its EUR more than 3 billion debt, sources told Bloomberg.
England-based Thomas Cook's chief executive Harriet Green announced the sale of its foreign exchange unit to Moneycorp, a rival backed by the Royal Bank of Scotland.
Google Inc will be increasing its marketing reach by opening Winter Wonderlabs in six cities. The outlets will feature the search giant's products like the Nexus 7, Chromebook and Chromecast.
Washington-based private equity firm Carlyle Group LP expressed its interest on bolt-on acquisitions in Malaysia, citing its very good experience with the acquisition of Davex Holdings Bhd last year.
The National Bank of Greece is close to finalizing an agreement to sell its fully-owned real estate business Pangaia to private equity firm Invel Real Estate.
According to tech giant Sony, the company sold over 1 million PlayStation 4 game consoles, its first game system in seven years, just 24 hours it went on sale last Friday.
Venture capitalist have continued to pour money in new media firms despite the potential hazards in the hope that the startups will be able to lure advertising money, according to a Reuters report.
