Japanese wireless giant SoftBank said it expected a gain of Y500 billion ($A5.28 billion) from its stake in Chinese e-commerce powerhouse Alibaba Group Holding Ltd's historic initial public offering of shares on the New York Stock Exchange, or NYSE.
Selling small-caps to grab after Alibaba shares contributes to the weakness in the group. Email; Print; Comments; Order Reprints. Facebook.
The pharmaceutical company Horizon Pharma plc has incorporated itself overseas in Ireland, following its $600 million acquisition of Vidara Therapeutics International plc.
Siemens is expected to pay more than $6 billion in cash, or more than $80 a share, for the Houston-based company, people familiar with the deal said.
While these firms use this strategy to make money off of large companies' debtors, Occupy activists - as a spinoff group calling themselves Rolling Jubilee - saw it as a way to relieve debtors at a discount.