Tags: London

Armajaro sells commodity-trading arm to Ecom after USD7.5 million loss

London-based Armajaro Holdings Ltd sold its coffee, cocoa, and sugar trading arm to Swiss agricultural trader Ecom Agroindustrial Corp Ltd after reporting a loss of USD7.5 million.


Shire to acquire ViroPharma for USD4.2 billion

London-listed drugmaker Shire announced its intention to buy U.S. pharmaceutical company for USD4.2 billion.

Westfield sells UK shopping centre

Property company Westfield Group announced that UK mall is up for sale. Property giant Westfield Group put its UK shopping center up for sale. The company cited expansion and development for other stores as the reason for this sale.

Macquarie challenges Aberdeen with rival SWIP bid

Macquarie Group Ltd said it would make a GBP500 million offer for Scottish Windows Investment Partnership, which was reported to receive a previous bid from deen Asset Management Plc.


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John Malhotra, the former independent energy advisor, is now the reported head for Macquarie's Asian oil and gas advisory businesses.
NBAD Group CEO Alex Thursby identified seven highly urbanized cities where the bank would set up its operations.
In choosing Dubai, the Jeddah based Islamic Development Bank is ensuring the success of its first ever sukuk issue in the Middle East.
The Carlyle Group obtained approval from the Southwark Council Strategic Planning Committee for the South Bank development project.
IVG Immobilien sought protection from its creditors in court in Bonn after failing to reach an agreement to refinance its debt.
Vodafone would start providing a 4G mobile services for its customers in London this month. On August 29, Vodafone Group Plc plans to launch a faster fourth, generation wireless service in Great Britain.
Manchester Airports Group announced plans for a GBP40 million improvement program for London's Stansted Airport.
Scaleogy gets two new unnamed investors but the agreement's terms were not revealed. London-based Scaleogy Ltd. welcomed two new investors into the company.
The delivery of Duchess of Cambridge's royal baby boy was expected to spark baby boom and copy Kate effect within the next few months.
Duchess of Cambridge gave birth to the historic and lavish St. Mary's Hospital's Lindo Wing where the highest quality of care was given for US$15,659.
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