In The News

After releasing details of yet another dire quarter that saw preliminary Q308 losses of US$3.9bn, troubled US securities firm Lehman Brothers said that it plans to spin off commercial... 2008-09-10

Speculation continued to surround the fate of US financial services group Lehman Brothers, after Korea Development Bank (KDB) confirmed it in talks to acquire a stake in the firm,... 2008-09-05

On September 4 private equity giant Blackstone Group joined the US consortium bidding for UK publishing group Informa, temporarily easing fears that the consortium would struggle... 2008-09-04

Indonesia's largest steelmaker, PT Krakatau Steel, will launch an IPO. The state-owned enterprise had been debating between selling a stake to investors and launching an IPO for the... 2008-09-04

Private equity fund Guatefondo will become the first investment company to sell shares on the country's local stock exchange, the Bolsa de Valores Nacional (BVN). The company will... 2008-09-02

On August 26, Hewlett-Packard finally completed its acquisition of computer services giant EDS, as it increasingly looks to rival IBM. The US$13.9bn deal is one of the largest yet... 2008-08-28

The privatisation of Kyrgztelecom has attracted the interest of six parties. The Kyrgyzstan government announced that it would sell its 78% stake in the country's fixed-line telecom... 2008-08-28

Shares in Anadarko Petroleum, the world's largest independent oil and gas exploration firm, received a boost on August 25 after the company authorized the re-purchase of US$5bn of... 2008-08-27

The good news is that the initial public offering of Tanzania's National Microfinance Bank (NMB) is underway after several years of delay. The not so good news is that the sale is... 2008-08-19

Several of Peru's state-run companies could list shares on the Lima exchange as early as next year, according to government body FONAFE, the organisation charged with overseeing Peru's... 2008-08-14