IPO News
Japan green talks eye clean fund
' onclick="javascript:this.select();" /> Mar. 14 - Japan, home to the Kyoto Protocol, will host green talks aimed at curbing carbon emissions and funding clean energy projects. But the world's No....
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Dollar hits record low on index, back below 100 yen
TOKYO, March 14 (Reuters) - The dollar hit a record low against a basket of currencies and fell back below 100 yen on Friday, with traders citing rumours of more hedge fund failures as stoking worr...
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DEALTALK-Australia may delay power sell-off to get better price
SYDNEY, March 14 (Reuters) - The government of Australia's most populous state may be forced to delay sales of its energy assets as volatile markets and uncertainties about the nation's emissions t...
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Deals of the day -- mergers and acquisitions
March 14 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0530 GMT on Friday.
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Australia's Boral sells US$380 mln long-dated bond
The bond placement offered two tranches: $306 million of 10-year bonds at 350 basis points over 10-year US Treasury and $74 million of 12-year bonds at 360 bps over 10-year US Treasury.
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CORRECTED-Blank check co BHG Acquisition files for $350 mln IPO
WASHINGTON, March 12 (Reuters) - Blank check company BHG Acquisition Corp on Wednesday said it is planning an initial public offering of as much as $350 million in units.
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UPDATE 1-Manila's Petron says Ashmore offers to buy 40 pct
Petron said in a statement to the stock exchange that SEA Refinery Holdings, a company owned by Ashmore, offered to buy Aramco Overseas Company's (AOC) 3.75 billion shares in Petron. AOC is a unit ...
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UPDATE 1-LG Elec still looking for plasma partner-CEO
"The plasma market is shrinking but profitability is improving," CEO Nam Yong said, reiterating that the loss-making division, which makes plasma screens and television sets, would turn around duri...
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UPDATE 1-Security Capital to stop writing new business
Research ) said on Thursday it was no longer writing new business as the bond insurer seeks to preserve capital after posting a $1.2 billion loss for the fourth quarter.
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Muni bond insurance demand likely to abate-MBIA CEO
NEW YORK, March 13 (Reuters) - More state and city issuers are likely to forgo bond insurance for a while, but demand will in time pick up again, said Jay Brown, chief executive at bond insurer MBI...
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Medco Health Solutions sells $1.5 bln in 2 parts - source
The issue consisted of $300 million five-year notes priced at 99.425 to yield 3.75 percentage points more than comparable U.S. Treasuries and $1.2 billion of 10-year notes priced at 98.956 also yie...
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  • UK economy to slow as inflation stays high

    LONDON (Reuters) - British economic growth is expected to slow this year as inflation stays high and is unlikely to recover in 2009 despite a couple more Bank of England interest rate cuts, a Reuters poll showed on Thursday.

  • Evotec wraps up $152 million Renovis merger

    in a $151.8 million stock deal. Evotec is based in Hamburg and Renovis in South San Francisco. Renovis is now a wholly owned unit of Evotec. Renovis, which focuses on treatments for neurological a...