Financing Strategies
Bahrain
Yemen's Tadamon Islamic Bank (TIB) has received a licence to set up international banking operations in Bahrain. The company has created a subsidiary, Tadamon Capital Bank, which...
2008-05-07United States
On April 29 Citigroup Inc tapped up the market again for the second time in nine days, when it raised US$4.5bn in a sale of common stock, 50% more than the US$3bn it originally planned...
2008-05-02United States
Warburg Pincus, a New York-based private equity group, announced April 22 that it raised US$15bn for its new global fund. The amount surpassed its plan to raise US$12bn for the fund,...
2008-04-25Australia
Wesfarmers shares were suspended on April 21 to allow the Perth, Australia-based conglomerate launch a rights issue worth AUD2.57bn (US$2.42bn). Wesfarmers, Australia's largest retailer,...
2008-04-25United Arab Emirates
Kuwait's Global Investment House, an asset management and investment banking company, announced on April 22 that it will sell 355mn shares to investors. The share sale will raise...
2008-04-25Austria
Slovenia's largest international financial group, Nova Ljubljanska Banka (NLB), announced the sale of 898,204 shares on April 17. The sale will be conducted in three tranches and...
2008-04-25United States
As the US mortgage market shows no sign of revival, Ambac Financial Group, along with other bond insurers, continues to suffer. After struggling to raise capital in March, on April...
2008-04-25Libya
The head of Libya's National Oil Corporation Shokri Ghanem has stated that Tamoil, the state's oil refining and marketing arm, is looking for strategic investors. The comments, made...
2008-04-24
