Taipei, Dec. 5, 2012 (CENS)--Hon Hai Precision will continue its talk with Sharp for shareholding investment in the latter, despite announcement by Sharp to accept 9.9 billion Japanese yen of fund from Qualcomm, the world's largest ...
Tags: Hon Hai Precision, Sharp, shareholding investment, chip, investing
PTI reported that the Finance Ministry has proposed to list Nuclear Power Corporation of India Ltd on the stock exchanges by selling 10% government stake. The Department of Disinvestment in the Ministry of Finance this week sought ...
Wells,US-based producer of Blue Bunny ice cream,has intiated plans to raise money for the expansion through loans instead of selling its stake. The company plans to remain private and family-owned.Although it previously planned to expand ...
Tags: stake, loans, ice cream, expand the business
Economic Times reported that ONGC will invest a staggering 27,800 crore or USD 5 billion for an 8.4% stake in an oilfield in Kazakhstan to give a big boost to India's energy security by partnering global majors in developing the world's ...
Tags: ONGC, energy security, oilfield, outbound investments
The Competition Commission of India (CCI) has approved Japanese underwriter Nippon Life's bid to acquire 26% stake in Reliance Capital's mutual fund arm RCAML. The INR14500m ($265m) worth deal is believed to be the largest Foreign Direct ...
Tags: CCI, Nippon Life, R-Cap
Thailand-based Siam Cement Group (SCG) has formed a BHT2.2bn ($67m) joint venture (JV) with Nippon Paper Industries (NPI) in Japan to set up Siam Nippon Industrial Paper (SNP) plant, which will commence operations by mid-2014. The plant ...
Tags: Paper Plant, Vietnam's corrugated container, Packaging
Luxembourg-based CVC Capital Partners–led group has agreed to purchase insurance-claims adjuster Cunningham Lindsey from Stone Point Capital and Fairfax Financial Holdings in a deal valued between $900m and $1bn including debt. An ...
Tags: insurance-claims, CVC Capital Partners, Fairfax, insurer
Glo Health will be launched as Ireland's fourth health-insurance provider in Dublin with the insurance company Irish Life holding a 30% stake in the new company. Being set up by Jim Dowdall, Stephen Loughman and Oliver Tattan, the chief ...
Tags: Glo Health, health insurance, Irish Life
A US court is to review a jury's decision to award Apple$1bn in damages in its patent dispute with rival Samsung. Samsung wants the verdict overturned or the damages reduced,while Apple wants to increase the amount and ban some of ...
Tags: Apple, Samsung, patent dispute, Galaxy Tab, Smartpgone
India-based insurance and hospitals group Max India is set to divest its bi-axially oriented polypropylene (BOPP) films business for about Rs8bn ($152m), as part of plans to exit its non-core business. Max India is in advanced ...
European private equity firm AXA Private Equity has agreed to acquire a majority 70% stake in Bruni Glass, an Italian glass containers producer. AXA Private Equity managing director and Mid Market Enterprise Capital team leader for Italy ...
Compagnie de Saint-Gobain, a French supplier of construction materials, could give investors something to build on in the next 12 months. Its shares (ticker: SGO.France) could rally more than 20% as the company benefits from growing demand ...
Tags: Saint-Gobain, glass, construction
The US Department of the Treasury has launched an underwritten public offering of $18bn of its American International Group (AIG) common stock, of which AIG is likely to purchase $5bn of the stock at the initial public offering price. The ...
Tags: Treasury, American International Group, underwriters, sale of securities
Larsen & Toubro (L&T) may enter into a strategic alliance with Zurich-headquartered Swiss Re to set up a health insurance joint venture (JV) in India. Sources familiar with the matter told Moneycontrol.com: "Swiss Re will pick up 26% ...
Tags: L&T, health insurance, Swiss Re
HSBC Insurance and HSBC Asia Pacific have agreed to dispose of their entire 15.57% shareholding in Ping An Insurance (Group) Company of China to Thailand's Charoen Pokphand (CP) group for HK$72.7bn ($9.38bn). Under terms of the deal, CP ...
Tags: HSBC, Ping An Insurance, insurance, dispose