Lawrence Ho invested in two Russian gambling resorts valued at US$630 million as a means of overseas business expansion.
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RWE and Qatar in negotiation for purchase of DEA unit
RWE and Qatar are currently holding talks about possible purchase of RWE's DEA oil and gas exploration and production unit.
Mexico’s dominant brewers warned against duopoly
Two of Mexico's brewers gets a warning against a possible duopoly. Mexico's Federal Competition Commission issued a warning to two of its biggest brewers to open up the market to other competitors or face heavy penalties.
Balfour Beatty establishes venture with Sydney Water for Australian water projects
Balfour Beatty Plc created a venture with Sydney Water for Au$150 million water projects in Australia.
Noble Group considers bid for Australia's iron-ore miner
Noble Group Ltd weighed bid for Western Desert Resources Ltd, an Australian iron-ore miner. Noble Group Ltd. , a Singapore-headquartered trader of commodities, was considering a bid for Western Desert Resources Ltd.
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Shangri-La Hotels and Resorts teams up with HHtravel and Private Jet Journeys for the launching of the "Shangri-La Private Jet Journey" program.
WineDirect and Vintank would merge to increase revenues through social media and commerce. Vin65, a firm of WineDirect, and Vintank formed an exclusive alliance to connect the social media data of wine industry with the ecommerce records of their clients.
Kenya announced places to create sovereign wealth fund for mining companies and mining ventures. Kenya announced it will form a state-owned holdings firm that will hold shares in the mining industry.
South Korea will decide next week whether to proceed with the auction for the supplying of 60 next generation fighter jets worth US$7.31 billion.
Wilson Perumal & Company announced their partnership with The Key To Way. Wilson Perumal & Company (WP&C) announced their newly formed strategic partnership with The Key To Way (TKTW).
Melco International Development Ltd. stated it would buy its way into the Russian entertainment industry.
Macau's Lawrence Ho to invest in a Russian casino resort Lawrence Ho, the Macau gambling magnate, is set on extending his global reach after two of his companies entered into an agreement to build a new casino resort.
Today, Security One Federal Union and Texas Trust Credit Union announced that it has filed intended merger subjected to regulatory and member approval.
Nextel and Softbank announced the completion of their merger Nextel Corporation and SoftBank Corp. announced the completion of their merger. SoftBank invested approximately US$21.
