Wall Street Journal
Corporate Bonds Price Well, Secondary Market Weakens
(DIS) and a $1 billion deal from India energy company Reliance Industries Ltd. (500325.BY). Both priced at better levels than original guidance, with spreads on the Reliance deal tightening 20 basis points. Companies tapping the market are funding at ….
Investors Turn Shy on India
The two biggest deals alone–BP's investment in Reliance Industries' oil and gas blocks, and Vodafone's purchase of a bigger stake in its Indian unit–add up to $14.46 billion, according to Dealogic data. Just five investments represent mor…
Amaya Gaming Group Inc. Replacement – Offer for CryptoLogic
Further to the announcement earlier today by the boards of Amaya Gaming Group Inc. ("Amaya"), and CryptoLogic Limited ("CryptoLogic") of the terms of a recommended cash offer to be made by Amaya for the entire issued and to be issue…
Apollo-led Group in Advanced Talks for El Paso Unit
There are several interested buyers for those packages, including India's Reliance Group, the people said. A possible sale to private equity would be one of the largest buyouts in the last year in an industry that has seen a flurry of deal activity…
Indian Shares End At Over 11-Week High; Reliance Industries Leads
MUMBAI (Dow Jones)–Indian shares ended at their highest levels in more than 11 weeks Friday, driven by gains in heavyweight Reliance Industries and underpinned by positive Asian markets. Shares gained for a third straight session with sentiment …See…
Reliance Industries Profit Drops 14%
By RAKESH SHARMA NEW DELHI – Reliance Industries Ltd. Friday reported its first decline in quarterly net profit in more than two years and said it will spend up to 104.40 billion rupees ($2.07 billion) to buy back shares, as it seeks to utilize its ….
Nippon Life to Invest in Reliance Capital Asset Management
The stake sale is part of a wider initiative by debt-laden units of the Reliance Group headed by Indian billionaire Anil Ambani. Last year, Nippon Life bought about a 26% stake in Reliance Life, the life insurance arm of the group, for about 58 billion…
CORRECT: Reliance Industries Board To Consider Share Buyback Friday
("UPDATE: Reliance Industries Board To Consider Share Buyback Friday," at 1244 GMT, misstated that the shares have hit a six-month high in the second paragraph. The correct version follows:) By Gurdev Singh Virk MUMBAI (Dow Jones)–Reliance I…
India Shares End Near Six-Week High; Reliance Industries, Asian Bourses Buoy
MUMBAI (Dow Jones)–Indian shares ended at their highest level in nearly six weeks Tuesday, buoyed by gains in Reliance Industries and supported by a rally in Asian bourses. Regional markets rose after data showed China's economy grew faster than ….
US Energy Assets Drawing Suitors; Deals Line Up
By Steve Gelsi NEW YORK (Dow Jones)–Kinder Morgan Inc. is reportedly holding talks with Apollo Global Management LLC and India's Reliance Industries Ltd. over the sale of El Paso Corp.'s exploration and production business, in the latest of a …
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