The cut will increase Aramco’s after-tax income by 300%.
Tech firms betting on public listing than being acquired.
Amazon.com has agreed to acquire Middle East online retailer Souq.com, the two companies said in a joint statement on Tuesday. The value of the deal was not disclosed. “By becoming part of the Amazon family, we’ll be able to vastly expand our delivery capabilities and customer selection much faster, as well… Read more »
Brookfield is about to make its first major move into solar power.
US-based medical device company Visioneering Technologies Inc (VTI) has raised up to $22.3 million (A$33.3 million) following the close of its Initial Public Offer (IPO) on Monday (March 27) on the Australia Stock Exchange. VTI CEO Dr Stephen Snowdy said, the company is now looking to significantly accelerating the commercialisation of… Read more »
Aramco’s tax is being cut to 50% from 85%.
Piety Investments has secured A$100m from Crestmount Capital.
M&As are reshaping the agrochemical industry.
It is working with BoA, Goldman Sachs, JPMorgan on the share sale,