2014.2
Batelco to take control of Kuwaiti Internet firm
Bahrain Telecommunications (Batelco) will take majority control of Kuwait’s Qualitynet after agreeing to double its stake in the Internet provider, Batelco said on Thursday.
Oman’s sale of ’19 pct of Omantel starts next week’
Oman will begin the sale of a 19 percent stake in its former telecommunications monopoly Omantel next week, according to a report on state news agency ONA, which quoted a government official.
Ominvest won’t proceed with Oman Arab Bank IPO
Oman International Development and Investment Co (Ominvest) has decided not to go ahead with the proposed initial public offer of subsidiary Oman Arab Bank, just two weeks after announcing it was looking into the feasibility of the transaction.
Daiwa, ANZ tie up in M&A advisory business
Japanese brokerage Daiwa Securities Group Inc said on Tuesday it had agreed in principle to an alliance with Australia and New Zealand Banking Group Ltd in the business of advising on mergers and acquisitions.
Panasonic, suppliers ‘may invest $1 bln in Tesla plant’
Panasonic Corp is inviting a number of Japanese materials suppliers to join it in investing in a U.S. car battery plant that it plans to build with Tesla Motors Inc, with investment expected to reach more than 100 billion yen ($979 million), the Nikkei…
Carlyle ‘in exclusive talks to buy Tyco’s S. Korean unit’
Private equity firm Carlyle Group has entered into exclusive talks to buy Tyco International Inc’s South Korean security systems unit, a business valued at around $2 billion, two sources told Reuters on Wednesday.
Dymon teams with ex-SAC manager for $500 mln hedge fund
Singapore-based asset manager Dymon Asia Capital has partnered former SAC Capital portfolio manager Carl Vine to raise a $500 million global hedge fund to invest in stocks, as investor interest in equity-focused funds makes a strong comeback.
Bumitama ‘to issue first ringgit sukuk next month’
Singapore-listed palm oil producer Bumitama Agri may raise 500 million ringgit ($151.8 million) with a five-year Islamic bond in early March, IFR reported.
UIC plans to take Singapore Land private
Singapore’s United Industrial Corporation Ltd said it plans to take complete ownership of Singapore Land Ltd by buying shares worth about S$762 million ($601 million), and that it intends to take the company private.
Matrix Capacity plans Malaysia’s biggest shell company listing
Malaysia’s Matrix Capacity Petroleum Bhd, a shell company set up to buy energy assets, plans to list shares on the Kuala Lumpur stock exchange in a deal that two financial sources said could raise up to one billion ringgit ($303 million) in the second …