Fri, Dec 19 2014
- Fitness tracking wristband maker Fitbit Inc is in talks with banks for its initial public offering in the United States, Bloomberg reported, citing people familiar with the matter.
- Canadian performance company Cirque du Soleil has hired investment bank Goldman Sachs Group Inc to help in its previously disclosed effort to find a strategic partner, a spokeswoman for the company said on Friday.
BANGKOK - Thai Union Frozen Products PCL , the world's biggest producer of canned tuna, has agreed to buy U.S. competitor Bumble Bee Seafoods for $1.5 billion as part of a plan to double revenue through overseas acquisitions.
BANGKOK - Bangkok Bank PCL and Siam Commercial Bank (SCB) will offer a $1.51 billion bridge loan to Thai Union Frozen Products to finance the purchase of U.S. tuna firm Bumble Bee Seafoods, executives from the two banks said.
BANGKOK - Thai Union Frozen Products PCL (TUF) may need to raise equity capital to lower its debt-to-equity ratio after a $1.5 billion acquisition of U.S. tuna producer Bumble Bee Seafoods, the company's chief executive said on Friday.
PARIS - Alstom shareholders on Friday backed with 99.2 percent of votes the French engineering group's plan to sell most of its power equipment business to General Electric and refocus on its smaller rail arm.
BANGKOK - Thai Union Frozen Products PCL , the world's biggest producer of canned tuna, has agreed to buy U.S. peer Bumble Bee Seafoods for $1.5 billion as part of a plan to double revenue through overseas acquisitions.
FRANKFURT - Germany's third-largest insurer Talanx has agreed to buy a majority stake in Chilean rival Inversiones Magallanes, a $220 million deal that pushes the group further into growing markets to offset a stagnant European economy.
MADRID - Royal Bank of Scotland wants to sell a 100 million euro loan it had extended to builder Sacyr as part of a syndicate, as Spanish firm itself races to refinance a large slice of debt, website El Confidencial reported.
Thu, Dec 18 2014
SHANGHAI - Anbang Insurance Group Co, the Chinese insurer that has bought New York's famed Waldorf Astoria hotel, has increased its stake in China Minsheng Banking Corp Ltd to become the biggest shareholder of the country's largest private lender.
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.