UBS Group (UBSG.S) is looking for a controlling stake in its China joint venture, UBS Securities Co, after the country’s securities regulator announced new rules earlier this year easing restrictions on foreign...
China’s HNA drops bid to buy Scaramucci’s SkyBridge on regulatory pushback
Chinese conglomerate HNA Group’s bid to buy a majority stake in SkyBridge Capital, a hedge fund investment firm founded by U.S. President Donald Trump’s former aide Anthony Scaramucci, has been called off after facing...
MPS Re-Structuring – For Regulatory Purpose?
MPS Limited (“MPS”), a listed pure-play publishing services company, provides platforms and services for content creation, full-service production, and distribution to the world’s leading publishers, learning companies...
Airtel gets regulatory nod for Tigo Rwanda acquisition
Telecom operator Bharti Airtel Ltd on Wednesday said it has received regulatory approval to acquire Tigo Rwanda—a subsidiary of Luxembourg-based Millicom International Cellular SA. With this acquisition, Airtel Rwanda...
HDFC Life to launch IPO; Max Life merger on hold with no regulatory nod
HDFC Standard Life Insurance on Monday led to come out with an IPO and put on hold its proposed merger with Max Life in absence of regulatory approval. The board of HDFC Standard Life Insurance in its meeting held on...
China’s Yancoal gets regulatory approval for $2.45 billion Rio Tinto deal
China’s Yancoal has gained Chinese regulatory approval for its $2.45 billion purchase of Rio Tinto’s Australian unit Coal & Allied Industries Ltd, the company said in a stock exchange filing on Sunday...
BCE gets first regulatory nod to buy Manitoba Telecom
BCE Inc (BCE.TO) said on Tuesday it had received its first regulatory approval, from the Canadian Radio-television and Telecommunications, for its proposed C$3.1 billion ($2.3 billion) acquisition of Manitoba Telecom...
Marriott Purchase of Starwood Gets Chinese Regulatory Approval
Marriott International Inc.’s acquisition of Starwood Hotels & Resorts Worldwide Inc. got antitrust approval from Chinese regulators, clearing the way for the deal to be completed. Approval from the Chinese Ministry...
Wesbanco gets regulatory approvals of its merger with Your Community Bankshares
Wesbanco Inc * Receives regulatory approvals of its merger with Your Community Bankshares, Inc. * Wesbanco and Your Community expect that closing of merger will occur in Q3 of 2016 Source text for Eikon: Further company...
Hampton Roads, Xenith bankshares receive regulatory approval for pending merger
Hampton Roads Bankshares Inc * Hampton Roads Bankshares, Inc and Xenith Bankshares receive regulatory approval for pending merger * Merger is expected to close on July 29, 2016, Source text for Eikon: Further company...
KeyCorp receives regulatory approval for First Niagara Financial Group merger
Keycorp : * KeyCorp receives regulatory approval for First Niagara Financial Group merger * Merger of First Niagara into KeyCorp is expected to be completed on or about August 1, 2016 * Systems and client conversion is...
L&T seeks regulatory approval to sell Satyam stake
Engineering and construction giant, Larsen & Toubro (L&T), today said that it has sought regulatory approval to sell its stake in IT major, Mahindra Satyam. "We have sought permission from regulators as an...