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Mon, 12 May 2008 12:54:00 GMT

Perot Systems buys Irish information - technology provider Original Solutions, terms undisclosed

PLANO, Texas (AP) - Information technology services provider Perot Systems Corp. said Monday it acquired Original Solutions Ltd., an information-technology company based in Ireland. Financial terms were not disclosed. Perot Systems said the acquisition
Mon, 12 May 2008 12:54:00 GMT

Cablevision pays $650 million to buy Long Island - based newspaper Newsday from Zell's Tribune

NEW YORK (AP) - Cablevision Systems Corp. is buying the Long Island-based newspaper Newsday from Tribune Co. for $650 million, the companies announced Monday. Cablevision, a cable TV provider, beat out media mogul Rupert Murdoch, CEO of News Corp., who
Mon, 12 May 2008 12:54:00 GMT

Turk Telekom prices IPO near top of range

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Mon, 12 May 2008 12:53:00 GMT

Cablevision pays $650 million to buy Long Island - based newsaper Newsday

NEW YORK (AP) - Cablevision Systems Corp. says it is buying the Long Island-based newspaper Newsday from Tribune Co. for $650 million. Cablevision beat out media mogul Rupert Murdoch, CEO of News Corp., who withdrew his own $580 million bid on Saturday.
Mon, 12 May 2008 12:41:00 GMT

Weyerhaeuser to sell Australian timber operations to Carter Holt Harvey for undisclosed sum

FEDERAL WAY, Wash. (AP) - Weyerhaeuser Co., which owns timberland and manufactures wood products, plans to sell its Australian timber manufacturing and distrubution business to New Zealand-based forest products company Carter Holt Harvey. Financial terms
Mon, 12 May 2008 12:41:00 GMT

First platinum ETNs expected to list on NYSE Arca

BOSTON (Dow Jones) -- A pair of exchange-traded notes giving investors both long and short exposure to the movement of platinum prices could launch on the New York Stock Exchange as early as Friday, giving individuals a way to invest in the precious
Mon, 12 May 2008 12:26:00 GMT

Gokul Refoils IPO Subscribes 0.46 Times

Gokul Refoils and Solvent IPO subscribed 0.46 times at 16.00 hrs IST as per NSE data. The 71,58,392 equity share issue was fixed a price band of Rs.175 to Rs.195 a share. The 100% book building issue closes on May 13, 2008. The total numbers of bids were
Mon, 12 May 2008 12:20:00 GMT

Westpac approaches Australian banking rival St. George with possible $14B takeover bid

SYDNEY, Australia (AP) - Westpac Banking Corp. said Monday it has approached rival St. George Bank Ltd. with a $14 billion takeover offer that could lead to the biggest shakeup of Australia's banking sector in years. The all-stock deal would create
Mon, 12 May 2008 12:01:00 GMT

Investor group led by CEO Lewis Dickey terminates buyout of Cumulus Media, to pay $15M fee

ATLANTA (AP) - Radio station owner Cumulus Media Inc. said Monday its pending buyout by an investor group that includes its chairman and chief executive has been terminated. The investor group, led by Chairman, President and CEO Lewis Dickey and an
Mon, 12 May 2008 12:01:00 GMT

Sources: Cablevision likely close to buying Newsday for $650M after News Corp. backs out

NEW YORK (AP) - Cablevision Systems Corp. appears likely to succeed in its $650 million bid to buy Newsday from debt-burdened Tribune Co., according to a source. A person with knowledge of the situation said Sunday a deal could be announced today. Rupert
Mon, 12 May 2008 12:01:00 GMT

Sovereign Bancorp to make public offering of $1 billion shares of its common stock

WYOMISSING, Pa. (AP) - Sovereign Bancorp Inc. said Monday it will make a public offering of $1 billion shares worth of its common stock, and use the proceeds for general corporate purposes. Lehman Brothers will serve as book-running manager for the
Mon, 12 May 2008 11:48:00 GMT

Mapfre confirms eyeing stake in Caja Madrid holding after planned IPO

MADRID (Thomson Financial) - Mapfre SA. is considering taking a stake in Caja Madrid's new financial holding, following its expected market debut later this year, a spokeswoman for the insurer said, confirming weekend press reports. According to the
Mon, 12 May 2008 11:47:00 GMT

'DLF revives Singapore REIT IPO'

MUMBAI: Indian developer DLF Ltd will revive and enlarge an initial public offer of its property trust in Singapore because it believes market conditions have improved, two people close to the development said on Monday. Earlier this year, India's most
Mon, 12 May 2008 11:36:00 GMT

Sovereign Bancorp Announces $1.0 Billion Common Stock Offering

PHILADELPHIA, May 12 /PRNewswire-FirstCall/ -- Sovereign Bancorp, Inc. ('Sovereign or the Company') (NYSE: SOV), parent company of Sovereign Bank ('Bank') today announced the public offering of $1.0 billion of shares of its common stock. Lehman Brothers
Mon, 12 May 2008 11:26:00 GMT

Comtech Telecommunications to buy Radyne for approximately $216.2 million

PHOENIX (AP) - Communications equipment maker Comtech Telecommunications Corp. said Monday it will buy Radyne Corp. for about $216.2 million. The deal's value is based on Comtech's first step cash tender offer of $11.50 per share and Radyne's 18.8
Mon, 12 May 2008 11:18:00 GMT

Al Qudra to sell 30% of firm in IPO this year

Al Qudra Holding is to sell up to 30% of the company in an initial public offering (IPO) before the end of the year after shelving what would have been the UAEs second-largest IPO in March. The Abu Dhabi-based conglomerate, which has 30 units in
Mon, 12 May 2008 11:16:00 GMT

Sovereign Bancorp to make public offering of $1B shares

WYOMISSING, Pa. (AP) -- Sovereign Bancorp Inc. said Monday it will make a public offering of $1 billion shares worth of its common stock, and use the proceeds for general corporate purposes.Lehman Brothers will serve as book-running manager for the
Mon, 12 May 2008 11:11:00 GMT

Noble Environment Whips Up I.P.O. Plans

Wind energy company Noble Environmental Power has filed to raise as much as $375 million in an initial public offering, according to a document with the Securities and Exchange Commission that was filed Thursday. The Connecticut-based company, which runs
Mon, 12 May 2008 10:59:00 GMT

Sovereign Bancorp Announces $1.0 Billion Common Stock Offering

PHILADELPHIA, May 12 /PRNewswire-FirstCall/ -- Sovereign Bancorp, Inc. ('Sovereign or the Company') , parent company of Sovereign Bank ('Bank') today announced the public offering of $1.0 billion of shares of its common stock. Lehman Brothers Inc. is
Mon, 12 May 2008 10:58:00 GMT

DLF revives Singapore REIT IPO: Sources

MUMBAI: Indian developer DLF Ltd will revive and enlarge an initial public offer of its property trust in Singapore because it believes market conditions have improved, two people close to the development said on Monday. Earlier this year, India's most
Mon, 12 May 2008 10:44:00 GMT

Sovereign Bancorp Announces $1.0 Billion Common Stock Offering

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Mon, 12 May 2008 10:43:00 GMT

Sovereign Bancorp Announces $1.0 Billion Common Stock Offering

PHILADELPHIA, May 12 /PRNewswire-FirstCall/ -- Sovereign Bancorp, Inc. ('Sovereign or the Company') (NYSE: SOV), parent company of Sovereign Bank ('Bank') today announced the public offering of $1.0 billion of shares of its common stock. Lehman Brothers
Mon, 12 May 2008 10:43:00 GMT

Sovereign Bancorp Announces $1.0 Billion Common Stock Offering

PHILADELPHIA, May 12 /PRNewswire-FirstCall/ -- Sovereign Bancorp, (News) Inc. ('Sovereign or the Company'), parent company of Sovereign Bank ('Bank') today announced the public offering of $1.0 billion of shares of its common stock. Lehman Brothers Inc.
Mon, 12 May 2008 10:41:00 GMT

Mapfre confirms eyeing stake in Caja Madrid holding after planned IPO

MADRID (Thomson Financial) - Mapfre SA. is considering taking a stake in Caja Madrid's new financial holding, following its expected market debut later this year, a spokeswoman for the insurer said, confirming weekend press reports. According to the
Mon, 12 May 2008 10:31:00 GMT

XTEP (China) to Lure USD300mn in Hong Kong IPO

Quanzhou-headquartered sports apparel and footwear provider XTEP (China) Co., Ltd. held pre-marketing for its Hong Kong initial public offering (IPO) on May 8, 2008. XTEP is scheduled to make a debut on the Stock Exchange of Hong Kong at the end of May
Mon, 12 May 2008 10:30:00 GMT

Al Qudra to sell 30% of firm in IPO this year

SHARE SALE: Al Qudra plans to sell 30% of the company in an IPO before the end of the year. is to sell up to 30% of the company in an initial public offering (IPO) before the end of the year after shelving what would have been the UAE's second-largest
Mon, 12 May 2008 10:28:00 GMT

Real Goods Solar Prices 55 Million Dollar IPO

Real Goods Solar, Inc. announced today that its initial public offering of shares of Class A common stock has been priced at $10.00 per share. The Company sold 5,500,000 shares in the offering, an increase of 500,000 shares over the previously announced
Mon, 12 May 2008 10:02:00 GMT

DLF revives Singapore REIT IPO - sources

MUMBAI (Reuters) - Developer DLF Ltd will revive and enlarge an initial public offer of its property trust in Singapore because it believes market conditions have improved, two people close to the development said on Monday. Earlier this year, India's
Mon, 12 May 2008 09:32:00 GMT

UPDATE 1-Oil services firm Miclyn plans S'pore IPO-source

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Mon, 12 May 2008 09:03:00 GMT

'Miles From Home' Market Debut at the 2008 Cannes Film Festival

LOS ANGELES , May 9 /PRNewswire/ -- 'Miles from Home,' a film, produced by writer/director, Ty Hodges , cinematographer/editor Todd Segal , Meagan Good and Marlon Ollivierre , will make its international debut at the 2008 Marche du Film Festival in
Mon, 12 May 2008 08:44:00 GMT