Bain selling Hero MotoCorp shares worth up to $116 million - IFR| Reuters
Nov 26, 2015 at 00:15 | Source:
U.S. private equity firm Bain Capital is selling shares in Hero MotoCorp Ltd, the world's largest seller of motorcycles and scooters, to raise as much as $116 million, IFR reported, citing a person close to the deal.Bain launched the deal to sell 2.9...
Pfizer to buy Allergan in $160 billion deal| Reuters
Nov 23, 2015 at 23:15 | Source:
NEW YORK Pfizer Inc (PFE.N) on Monday said it would buy Botox maker Allergan Plc (AGN.N) in a record-breaking deal worth $160 billion to cut its U.S. tax bill by moving its headquarters to Ireland.The acquisition will create the world's largest drugm...
Asian shares hang on to gains, commodities battered| Reuters
Nov 20, 2015 at 07:15 | Source:
TOKYO Asian shares looked set to hold on to this week's gains, while the dollar took a breather on Friday after stepping back from seven-month highs as investors grappled with the prospects of higher U.S. borrowing costs and slower global economic gr...
Vodafone says decided against spinning off emerging markets unit| Reuters
Nov 12, 2015 at 00:30 | Source:
BARCELONAMobile networks operator Vodafone has looked at spinning off its entire emerging markets unit, which includes its interests in India, Africa, New Zealand, Qatar and Turkey, but decided the synergies it gives justified keeping the group toget...
Amtek Auto hires Morgan Stanley services for reducing its debt
Nov 03, 2015 at 10:25 | Source:
New Delhi: Troubled auto component maker Amtek Auto Ltd on Monday appointed Morgan Stanley as advisors to assist in its debt reduction plan.In a regulatory filing, the firm said it was considering various options, including a minority stake sale of u...
Amtek Auto appoints Morgan Stanley to advise on debt reduction| Reuters
Nov 03, 2015 at 01:45 | Source:
NEW DELHI Amtek Auto(AMTK.NS) said on Monday it has appointed investment bank Morgan Stanley(MS.N) to advise the company on its debt reduction plan, which includes a minority stake sale of up to 40 percent in its overseas business.Car parts maker Amt...
Oil prices weak as demand seen sagging towards year-end| Reuters
Oct 26, 2015 at 10:45 | Source:
SINGAPORE Crude oil prices remained weak on Monday as a slowing demand outlook implied oversupply will remain in place for months, prompting speculators to cut their bets on rising prices.Front-month U.S. crude futures were trading at $44.77 per barr...
Global shares sputter on Morgan Stanley results; oil drops | Reuters
Oct 20, 2015 at 02:15 | Source:
NEW YORK U.S. markets slipped on Monday after poor quarterly results from Morgan Stanley stoked worries over the health of the world's biggest banks, while data showing weak Chinese economic growth pushed oil prices lower. European equity markets clo...
Dow, S&P 500 lower on oil prices; Morgan Stanley weighs| Reuters
Oct 19, 2015 at 23:45 | Source:
A swathe of weak quarterly results led by Morgan Stanley and a slide in commodity prices weighed on the Dow and S&P 500 indexes, while a rebound in healthcare and biotech stocks sent the Nasdaq composite higher.The energy index fell 2.0 percent a...