- Outdoor advertising company CBS Outdoor Americas Inc is seeking a valuation of about $3.36 billion as it looks to raise up to $560 million in an initial public offering of its common shares.
JOHANNESBURG - South Africa's state-owned logistics company on Monday awarded General Electric , Bombardier and two Chinese firms a contract to supply over 1,000 trains, as part of a $28 billion expansion plan.
NEW YORK, March 17 - When Barington Capital Group in October reported a stake of more than 2 percent in Darden Restaurants Inc with a vow to shake up the company, another investment firm was caught off guard.
LONDON - Vodafone Group Plc has agreed to buy Spain's largest cable operator Ono for 7.2 billion euros ($10 billion), in the latest move by the British group to rebuild its European operations with a broadband offering.
MILAN - Russia's top oil producer Rosneft is set to acquire an indirect stake in Pirelli after reaching an outline deal with a group of shareholders in the Italian tyre maker valuing its shares at 12 euros each.
MILAN - Rosneft's indirect investment in Italy's Pirelli that will make the Russian oil group the tyre maker's single-biggest shareholder is worth more than 500 million euros ($696.25 million), a source close to the matter said on Monday.
HONG KONG - Chinese e-commerce giant Alibaba Group Holding Ltd has decided to hold its long-awaited IPO in the United States and is in discussions with six banks to underwrite the deal, in what is set to the most high-profile public offering since Facebook Inc's listing nearly two years ago. | Video
SHANGHAI - Alibaba's dominance of online retail in China faces its biggest-ever challenge as the firm founded by Jack Ma in a one-room apartment 15 years ago lines up a U.S. initial public offering that could value the firm at around $140 billion.
Sun, Mar 16 2014
- British media baron Richard Desmond is considering a stock market listing of free-to-air TV broadcaster Channel 5, Sky News reported, citing sources.
SAN DIEGO - GECAS, the world's largest aviation leasing firm, is looking at investing at least $4 billion in ship financing and helicopter leasing to diversify its portfolio - a potential move that reflects concerns over the value of some current jets.
Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.