New York-based private equity firms J C Flowers & Co and Apollo Global Management are reportedly considering to submit bids for Hartford Financial Services Group’s Japanese annuity business. Three people familiar with the matter ...
Tags: Apollo, Global Management
Deutsche Bank has been selected to be a foreign exchange collective management pilot bank of the State Administration of Foreign Exchange of China (SAFE) to provide foreign exchange collective management and collection and payment and net ...
Armstrong World Industries, Inc. announced the pricing of an underwritten secondary public offering of 12,057,382 common shares of the company held by The Armstrong World Industries, Inc. Asbestos Personal Injury Settlement Trust (the ...
Tags: Construction, Decoration
Armstrong World Industries, Inc. has announced a secondary public offering of 10,057,382 common shares of the company held by The Armstrong World Industries, Inc. Asbestos Personal Injury Settlement Trust (the "Trust") and Armor TPG ...
Tags: Construction, Decoration
China-based Huishan Dairy has been approved by the Hong Kong Stock Exchange to raise $1bn through initial public offering (IPO) to increase the size of cattle herd and boost production. The company will start pre-deal marketing work on ...
Tags: Huishan Dairy, Food
Best figures in 16 months suggest overall economic situation improving China's manufacturing industry picked up in August to its highest level since May 2012, suggesting a steady improvement of the overall economic condition, official ...
Tags: Manufacturing, economy
Chinese dairy firm Liaoning Huishan Dairy is seeking to raise $1bn through initial public offering (IPO) in Hong Kong to increase its herd and improve milk yields. The milk producer is firming up plans to launch pre-deal marketing work on ...
Tags: Liaoning Huishan Dairy, Food
The Providence VIP Club located in the Intermark development in Malaysia installed a dynamic OLED-based lighting scheme using 1680 Philips Lumiblade OLED tiles. SLT Asia has announced completion of the biggest OLED lighting project in ...
Tags: OLED Installation, Lighting
Major Chinese industrial firms saw their combined profits rise 11.6 percent year on year in July, quickening from the 6.3-percent rate seen in June that points to further evidence of a firming economy, official data showed on Tuesday. The ...
US-based Dole Food has entered into an agreement to be taken private by the company's chairman of the board and CEO David H Murdock, in a deal valued at $1.2bn. Under the agreement, Murdock will pay $13.50 in cash for each share for all ...
On July 8, OSRAM Licht AG started trading with ticker symbol "OSR" on the Frankfurt and Munich stock exchange. Wolfgang Dehen, CEO of Osram, said that the listing marks the beginning of a new chapter in Osram's history of more than 100 ...
OSRAM Licht AG today started trading on the Frankfurt and Munich stock exchange under the ticker symbol “OSR”. “Today’s listing marks the beginning of a new chapter in the company’s more than 100-year history ...
China will no longer be the strong driver of the international thermalcoal market that it has been in the past three years, Deutsche Bank saidFriday in a report. Using annualized year-to-date figures, Deutsche Bank said China's 2013coal ...
Tags: thermalcoal, Metallurgy, Mineral, Energy
The Australian dollar continued to fall today, sparking the biggest one-day sell-off in government bonds since the turmoil in global markets that followed the collapse of US investment bank Lehman Brothers in late 2008. Bond traders said ...
Further falls have been forecast for the Australian dollar, which yesterday dived below the US95c mark to levels not seen since October 2011. Speculation that the US Federal Reserve will begin to slow its monetary stimulus sooner than ...
Tags: Aussie Dollar, US95c