AC Energy’s partner to take over Kauswagan coal plant July 29, 2019 SINGAPORE: AC Energy and Power Partners Ltd. signed a binding agreement for the transfer of AC Energy’s indirect ownership interest in the 4x135MW coal-fired…
Gazprom completes sale of 2.93 stakes July 29, 2019 MOSCOW: Gazprom Gerosgaz Holdings and Rosingaz Limited (Cyprus), wholly-owned subsidiaries of Gazprom, have successfully completed the sale of 693.627 million ordinary shares of Gazprom….
Amreli Steels Limited caught mis-declaring imported goods to evade duty and taxes July 28, 2019 KARACHI: Pakistan Customs has detected gross mis-declaration of imported goods by Amreli Steels Limited, which would have caused a significant revenue loss if went…
Millennium Al Barsha Hotel to open its doors this August 2019 July 28, 2019 DUBAI, UAE: Deyaar Development, one of Dubai’s largest property development and real estate services companies along with Millennium Hotels & Resorts, one of the…
Rakuten to establish company for banking operations in the United States July 26, 2019 TOKYO, JAPAN: Rakuten Card Co., a wholly owned subsidiary of Rakuten Inc. has resolved to establish a company titled Rakuten Bank America to commence…
Vedanta fully unwinds the Cairn India Holdings structured investment with $100 million gains July 26, 2019 MUMBAI, INDIA: Cairn India Holdings Limited (CIHL), an overseas subsidiary of Vedanta Limited, and Volcan Investments Limited have agreed to unwind entirely the structured…
SoftBank Group plans SoftBank Vision Fund 2 July 26, 2019 SINGAPORE: SoftBank Group Corp. (SBG) has planned establishment of “SoftBank Vision Fund 2”, a new private investment fund. The objective of the Fund is…
BSE signs MoU with Shanghai Stock Exchange July 26, 2019 MUMBAI, INDIA: BSE, India’s premier exchange, has signed a Memorandum of Understanding (MoU) with Shanghai Stock Exchange to facilitate the development of channels of…
3i Infrastructure plc agrees to acquire Ionisos July 26, 2019 LONDON: 3i Infrastructure plc has agreed to invest €220 million to acquire up to 100% of Ionisos, a leading owner and operator of cold…
Rightmove announces acquisition of Van Mildert July 26, 2019 LONDON, UK: Rightmove plc, the UK’s number one property website, announced the acquisition of 100% of the issued share capital of Van Mildert, a…