Argentine Technology Firm Plans IPO on NYSE
New York Times August 28 SÃO PAULO, Brazil – Globant, an Argentine software and information technology services company, has filed to go public on the New York Stock Exchange, in a move to broaden its reach. In a filing late Tuesday night with the Securities and...
Control deals emerge as the new PE flavour in India
Business Standard 29 August *With Indian promoters looking to pare non-core business, more buyout deals are likely The recent transaction of Baring Private Equity Asia to acquire mid-sized information technology (IT) firm Hexaware Technologies is termed the latest...
China’s Giant Jiangxi Copper Plans Bid for Glencore Mine in Peru
The Wall Street Journal China’s largest copper producer by output, Jiangxi Copper Co, said it plans to bid for the Peruvian copper mine owned by commodities giant Glencore Xstrata, raising the prospect of a Chinese consortium’s pursuing the $5 billion...
Apple confirms acquisition of Swedish data compression company AlgoTrim [u]
Apple Insider 28 August Apple has confirmed the purchase AlgoTrim, a Swedish startup that specializes in data compression, in a deal that could allow the company to make services such as iTunes more efficient for mobile devices like the iPhone. Update: After word of...