2013.10
Al Jazeera-AT&T lawsuit to stay under wraps during appeal
A legal fight over AT&T Inc’s refusal to carry the U.S. news channel of Qatar-based broadcaster Al Jazeera can remain under wraps for now, despite a ruling by a Delaware state judge earlier this week lifting the secrecy in the case.
India’s Singhania, Rajani merge
New Delhi law firm Singhania & Partners has merged with Mumbai law firm Rajani Associates to form
Rajani, Singhania & Partners, a pan-Indian firm with 20 partners, 100 lawyers and offices in four major cities.
Ooredoo ‘eyes listing in London or other mkts’
Ooredoo, Qatar’s No.1 telecom operator, may list on the London Stock Exchange or another major bourse as it seeks to attract more liquidity to its shares, its CEO said.
Qatar National Bank to sell dual-tranche bond
Qatar National Bank (QNB), the largest listed lender in the Gulf Arab region, plans to issue a benchmark-sized, dual-tranche bond denominated in U.S. dollars and has mandated five banks to arrange the sale, a document from lead arrangers showed.
MAF revives hybrid bond plans
Dubai’s Majid Al Futtaim (MAF) will host global investor calls on Monday and Tuesday, as it revives plans to issue a US dollar-denominated hybrid bond it originally marketed in May.
Dubai Holding unit sees telecom stake sales in ‘few months’
Dubai Holding’s telecom unit could conclude the sale of stakes in two other telecom firms in the next few months, its chief executive said, part of a strategy by state-linked companies to sell assets to repay the emirate’s debt pile.
Paradise, Sega Sammy plan $1.7 bln S. Korea resort
Paradise Group, one of South Korea’s largest casino operators, and Japanese gaming company Sega Sammy plan to invest $1.7 billion to build a luxury resort to tap a surge in Chinese gamblers flocking to the country.
KNOC to raise $3 bln locally by 2017 for investment
Korea National Oil Corporation (KNOC) said it aims to raise 3.1 trillion won ($2.9 billion) by 2017 from local investors, including the National Pension Service, to help fund its future overseas acquisitions.
AgBank ‘eyes bid for HK-based Wing Hang’
Agricultural Bank of China Ltd is considering a bid for Hong Kong-listed Wing Hang Bank Ltd, people familiar with the matter told Reuters, as China’s fourth-biggest lender eyes its first acquisition outside its home market.
Bank of Chongqing ‘to launch up to $593 mln HK IPO’
Chinese city commercial lender Bank Of Chongqing will launch an up to $593 million initial public offering in Hong Kong on Wednesday, IFR reported on Tuesday, citing sources with direct knowledge of the plan.