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    <title> Business Law Currents - Securities</title>
    <description>Business Law Currents - The Legal Lens on Business News</description>
    <link>http://currents.westlawbusiness.com/BrowseByTopic.aspx?pageName=Sec</link>
    <copyright>(c) 2013 Thomson Reuters. All rights reserved.</copyright>
    <language>en-us</language>
    <pubDate>Fri, 17 May 2013 16:14:02 EDT</pubDate>
    <lastBuildDate>Fri, 17 May 2013 16:14:02 EDT</lastBuildDate>
    <managingEditor>BusinessLaw-Currents@Thomsonreuters.com (Westlaw Business Currents Editorial Staff)</managingEditor>
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    <item><title>Tableau, Marketo software IPOs soar to the cloud</title><description>Strong debuts in the initial public offerings of two business software companies on Friday underscored a pattern in the market: While consumer companies...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=4fd1773a-4df7-4a65-b9e7-2592051e88f0&#x26;src=RSS</link><pubDate>Fri, 17 May 2013 14:14:57 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=4fd1773a-4df7-4a65-b9e7-2592051e88f0&#x26;src=RSS</guid></item>
<item><title>Tesla Motors raises more than $1 billion from debt, equity</title><description>Tesla Motors has upsized its debt and equity offerings, as the electric car maker capitalizes on surging investor demand to raise more than $1 billion in cash...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=95f28b73-34fb-4aeb-8253-4fc6d7ddbb2a&#x26;src=RSS</link><pubDate>Fri, 17 May 2013 13:30:31 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=95f28b73-34fb-4aeb-8253-4fc6d7ddbb2a&#x26;src=RSS</guid></item>
<item><title>Morgans Hotel says twice rejected buyout bids from large hotel group</title><description>Morgans Hotel Group Co said it rejected two takeover bids from a large international hotel company in the past six months because the offer price was "not sufficiently attractive"...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=3622e0bd-9ecd-4854-8339-62fddae0570e&#x26;src=RSS</link><pubDate>Fri, 17 May 2013 11:29:21 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=3622e0bd-9ecd-4854-8339-62fddae0570e&#x26;src=RSS</guid></item>
<item><title>UK pension funds take on leveraged loans in search for yield</title><description>UK pension funds are dipping a toe into the specialist market for high yielding but risky bank loans in an effort to offset poor returns in their traditional investment portfolios...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=f8109506-36ad-402d-ba00-8cca788c2216&#x26;src=RSS</link><pubDate>Fri, 17 May 2013 08:57:46 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=f8109506-36ad-402d-ba00-8cca788c2216&#x26;src=RSS</guid></item>
<item><title>Securities watch: OSC offers relief from wrappers</title><description>
The Ontario Securities Commission has issued a proposal to remove certain Canadian-specific disclosure requirements for offerings of foreign…
</description><link>http://currents.westlawbusiness.com//Article.aspx?id=0f579f35-4614-416b-bf46-ebc21f9aa89e&#x26;src=RSS</link><pubDate>Fri, 17 May 2013 07:00:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=0f579f35-4614-416b-bf46-ebc21f9aa89e&#x26;src=RSS</guid></item>
<item><title>Bankers push for Italian SME-backed covered bonds</title><description>FRAItaly needs to change its covered bond law so that the country's banks can provide cheaper funding to the small and medium-sized enterprises (SMEs) that are the backbone of the economy, bankers said...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=0e7ec9b9-1c3d-4483-b361-b94dac8f19dd&#x26;src=RSS</link><pubDate>Fri, 17 May 2013 05:06:43 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=0e7ec9b9-1c3d-4483-b361-b94dac8f19dd&#x26;src=RSS</guid></item>
<item><title>IILM seeks to secure primary dealers ahead of its maiden sukuk</title><description>The International Islamic Liquidity Management Corp (IILM), which plans to issue its maiden sukuk by June this year, is facing its final hurdle as it aims to secure a network of distributors...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=53c1cc89-0a4d-45a4-8612-6000eb2f63ec&#x26;src=RSS</link><pubDate>Fri, 17 May 2013 04:48:24 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=53c1cc89-0a4d-45a4-8612-6000eb2f63ec&#x26;src=RSS</guid></item>
<item><title>France's ID Logistics eyes acquisitions in 2013</title><description>ID Logistics wants to make acquisitions as early as this year to reach new clients at home and abroad and maintain its double-digit sales growth, its head said...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=9aae3688-5400-482c-b836-fe522c559daf&#x26;src=RSS</link><pubDate>Fri, 17 May 2013 04:44:16 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=9aae3688-5400-482c-b836-fe522c559daf&#x26;src=RSS</guid></item>
<item><title>Philippines' Asia United Bank climbs 9.5 percent on debut</title><description>Philippine lender Asia United Bank Corp jumped as much as 9.5 percent on its market debut on Friday after an oversubscribed public offer, the first listing since...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=def3af01-7fcb-4a1c-9a2d-d3517d05f0e3&#x26;src=RSS</link><pubDate>Thu, 16 May 2013 22:35:01 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=def3af01-7fcb-4a1c-9a2d-d3517d05f0e3&#x26;src=RSS</guid></item>
<item><title>Private equity 2013: strong governance helps PE portfolio companies succeed</title><description>The success of private equity portfolio companies is often credited to their governance practices. A rationale for their...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=3260f4cb-28ad-4774-8c05-5e634611ec2c&#x26;src=RSS</link><pubDate>Thu, 16 May 2013 16:00:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=3260f4cb-28ad-4774-8c05-5e634611ec2c&#x26;src=RSS</guid></item>
<item><title>IPO watch: Apollo Global completes another PE exit with Sprouts offering</title><description>
For the second time in as many weeks, a company backed by Apollo Global Management is going public…
</description><link>http://currents.westlawbusiness.com//Article.aspx?id=3bccb314-2a27-4023-a9a7-e474a6df3334&#x26;src=RSS</link><pubDate>Thu, 16 May 2013 15:00:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=3bccb314-2a27-4023-a9a7-e474a6df3334&#x26;src=RSS</guid></item>
<item><title>Tesla motors increases convertible bond offer to $525mln</title><description>Tesla Motors on Thursday increased the size of its convertible bond and tightened price talk, according to two market sources close to the situation...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=d2fbfba4-b1ad-4d9f-8883-d39682144ed9&#x26;src=RSS</link><pubDate>Thu, 16 May 2013 14:40:50 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=d2fbfba4-b1ad-4d9f-8883-d39682144ed9&#x26;src=RSS</guid></item>
<item><title>PE watch: J.C. Flowers' Cabot acquisition includes unusual debt provisions</title><description>The private equity secondary market is showing no signs of slowing down. On May 15, British consumer debt company Cabot Credit…</description><link>http://currents.westlawbusiness.com//Article.aspx?id=9ad32819-48a2-4f4f-9c98-d5abec013c6e&#x26;src=RSS</link><pubDate>Thu, 16 May 2013 12:00:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=9ad32819-48a2-4f4f-9c98-d5abec013c6e&#x26;src=RSS</guid></item>
<item><title>China test-drives Basel III compliant bonds</title><description>China has authorised four small regional lenders to sell the country's first subordinated bonds that are compliant with new banking rules, testing the waters before weightier capital issuance from the biggest state-owned banks...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=b5eff5f5-b040-496e-b210-1a98d20a78b0&#x26;src=RSS</link><pubDate>Thu, 16 May 2013 10:18:19 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=b5eff5f5-b040-496e-b210-1a98d20a78b0&#x26;src=RSS</guid></item>
<item><title>Diamond miner Alrosa set for autumn share sale</title><description>Russian diamond miner Alrosa plans a share sale that could value the business at up to $15 billion and raise hundreds of millions of roubles for its local and national government owners...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=e3c7d1ed-fcbc-437e-9e0a-656f68f6d1e2&#x26;src=RSS</link><pubDate>Thu, 16 May 2013 09:46:09 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=e3c7d1ed-fcbc-437e-9e0a-656f68f6d1e2&#x26;src=RSS</guid></item>
<item><title>UK judge says Goldman tax deal lawful, but "not glorious"</title><description>Shares in Spain's Liberbank rose sharply after the stock began trading in Madrid on Thursday, in the first bank flotation in nearly two years as the country's lenders try to put a European rescue behind them...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=32d36ae5-10be-405d-a7ac-c862b603dac4&#x26;src=RSS</link><pubDate>Thu, 16 May 2013 07:46:38 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=32d36ae5-10be-405d-a7ac-c862b603dac4&#x26;src=RSS</guid></item>
<item><title>Austria misses EU deadline to sell Kommunalkredit</title><description>Austria's Kommunalkredit [KAFINK.UL] could still be sold and does not need to be wound down, the country's market watchdog said on Thursday after Vienna missed an EU privatisation deadline for the lender...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=bce25760-3401-412b-bb99-18fab6dda5e8&#x26;src=RSS</link><pubDate>Thu, 16 May 2013 07:41:39 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=bce25760-3401-412b-bb99-18fab6dda5e8&#x26;src=RSS</guid></item>
<item><title>Offering watch: Brookfield Infrastructure brings a bought deal to fruition</title><description>Brookfield Infrastructure Partners LP has raised gross proceeds of $341 million as a result of a bought deal offering of limited partnership…</description><link>http://currents.westlawbusiness.com//Article.aspx?id=a1f39fee-dcef-4fd4-aa41-eb773ab40bf2&#x26;src=RSS</link><pubDate>Thu, 16 May 2013 07:00:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=a1f39fee-dcef-4fd4-aa41-eb773ab40bf2&#x26;src=RSS</guid></item>
<item><title>Thomas Cook flags return to dividends after refinancing</title><description>Thomas Cook unveiled a 1.6 billion pound ($2.4 billion) refinancing plan on Thursday designed to cut debt and enable it to resume paying dividends in the latest stage of a turnaround at the world's oldest travel firm...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=8b69eb68-7e2b-46e0-80b7-fa69fecb2dcc&#x26;src=RSS</link><pubDate>Thu, 16 May 2013 06:48:30 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=8b69eb68-7e2b-46e0-80b7-fa69fecb2dcc&#x26;src=RSS</guid></item>
<item><title>Dubai bank ENBD plans bond sale to boost capital</title><description>Emirates NBD (ENBD), Dubai's biggest lender, plans to tap global debt markets for its first capital-boosting bond issue, as Gulf banks take advantage of tight pricing...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=5647a712-9fab-45c1-8085-bc6e1fda7a62&#x26;src=RSS</link><pubDate>Thu, 16 May 2013 03:38:04 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=5647a712-9fab-45c1-8085-bc6e1fda7a62&#x26;src=RSS</guid></item>
<item><title>Asia Pacific IPOs in busiest deal week since 2011</title><description>IPO markets in Asia Pacific had their best week in two years after Chinese refiner Sinopec Group's engineering unit and a Macquarie Group Ltd-linked trust raised a combined $2.9 billion on Thursday...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=d07637a4-f483-4d1b-afed-e423afb4394c&#x26;src=RSS</link><pubDate>Thu, 16 May 2013 02:26:23 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=d07637a4-f483-4d1b-afed-e423afb4394c&#x26;src=RSS</guid></item>
<item><title>Sinopec unit prices $1.8 bln Hong Kong IPO near bottom</title><description>The engineering unit of China's Sinopec Group, Asia's largest refiner, raised $1.8 billion in Hong Kong's biggest initial public offering in almost six months, IFR reported on Thursday, citing a source familiar with the deal...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=14e6adcb-8469-41a6-9b24-8e148c7950d6&#x26;src=RSS</link><pubDate>Wed, 15 May 2013 23:15:24 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=14e6adcb-8469-41a6-9b24-8e148c7950d6&#x26;src=RSS</guid></item>
<item><title>DDR to buy shopping center stake from partner Blackstone</title><description>DDR Corp owner of shopping centers where big-box retailers are located, said on Wednesday it had agreed to buy from Blackstone Group LP the portion of...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=6ed01950-ec1f-4572-a6dd-745f54ec389e&#x26;src=RSS</link><pubDate>Wed, 15 May 2013 17:58:43 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=6ed01950-ec1f-4572-a6dd-745f54ec389e&#x26;src=RSS</guid></item>
<item><title>Breakingviews: Bigger really is better in generic drug mergers</title><description>Bigger really is better in generic drug firm mergers. Pharmaceutical company Actavis recently spurned interest from rivals Valeant...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=eadec767-c696-4cca-8633-560dc362f216&#x26;src=RSS</link><pubDate>Wed, 15 May 2013 16:23:53 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=eadec767-c696-4cca-8633-560dc362f216&#x26;src=RSS</guid></item>
<item><title>SEC taps Boston lawyer to run unit overseeing company disclosures</title><description>U.S. Securities and Exchange Commission Chair Mary Jo White has chosen a Boston-based lawyer to direct the agency's Corporation Finance division...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=ba613aaa-5f24-4232-80f3-597f4a3abeca&#x26;src=RSS</link><pubDate>Wed, 15 May 2013 16:13:29 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=ba613aaa-5f24-4232-80f3-597f4a3abeca&#x26;src=RSS</guid></item>
<item><title>M&#x26;A watch: FS Africa to take Lonrho private in rare UK takeover</title><description>
Adding a spark of life to an otherwise moribund UK takeover market, FS Africa Ltd, a bid vehicle for Swiss investors…
</description><link>http://currents.westlawbusiness.com//Article.aspx?id=ed09f431-3d37-4179-9643-bcd377e095dc&#x26;src=RSS</link><pubDate>Wed, 15 May 2013 14:30:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=ed09f431-3d37-4179-9643-bcd377e095dc&#x26;src=RSS</guid></item>
<item><title>IPO watch: Coty offering boosts market revival</title><description>
Coty Inc, a luxury fragrance and cosmetics manufacturer, filed an amended registration statement on May 14 in connection with its initial public…
</description><link>http://currents.westlawbusiness.com//Article.aspx?id=69aa325b-3a9b-4afb-8d49-9330021d3581&#x26;src=RSS</link><pubDate>Wed, 15 May 2013 12:00:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=69aa325b-3a9b-4afb-8d49-9330021d3581&#x26;src=RSS</guid></item>
<item><title>Suntech lenders agree to defer $541 mln bond repayment again</title><description>China-based solar panel maker Suntech Power Holdings Co Ltd, whose main unit is in insolvency proceedings, said it reached an agreement with...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=036de4af-3158-49f2-b09c-d99795d2b5af&#x26;src=RSS</link><pubDate>Wed, 15 May 2013 10:41:14 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=036de4af-3158-49f2-b09c-d99795d2b5af&#x26;src=RSS</guid></item>
<item><title>Breakingviews: Speech-tech firm's M&#x26;A machine could go in reverse</title><description>Over the past decade, Nuance Communications has been on a frenetic shopping spree. The $6 billion firm now encompasses businesses ranging...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=f53791f5-94be-4734-81b8-dbe21cc7b031&#x26;src=RSS</link><pubDate>Wed, 15 May 2013 10:09:54 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=f53791f5-94be-4734-81b8-dbe21cc7b031&#x26;src=RSS</guid></item>
<item><title>Carlyle-backed General Lighting plans Saudi share sale</title><description>General Lighting Co, a Saudi Arabian company part-owned by Carlyle Group, plans to sell its shares on the Saudi stock market, paving the way for the private equity firm to exit its stake, two sources said...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=79447e55-1352-4967-96c1-360db3277ecc&#x26;src=RSS</link><pubDate>Wed, 15 May 2013 08:20:43 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=79447e55-1352-4967-96c1-360db3277ecc&#x26;src=RSS</guid></item>
<item><title>Ashland raises dividend, buybacks after Jana picks up stake</title><description>Chemical maker Ashland Inc raised its quarterly dividend by more than 50 percent and nearly doubled its share buyback program, a month after hedge fund...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=38fd339c-deaf-4bfb-afe8-de6d7d21d231&#x26;src=RSS</link><pubDate>Wed, 15 May 2013 07:17:15 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=38fd339c-deaf-4bfb-afe8-de6d7d21d231&#x26;src=RSS</guid></item>
<item><title>Greece plans to spin off 30 percent of power utility PPC</title><description>Greece has added some detail to a long-overdue plan for energy market liberalisation, saying it would sell about a third of the production capacity of power utility PPC to a private competitor in about two years...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=8be68937-cf85-4e8d-9ce2-905e726f3cd6&#x26;src=RSS</link><pubDate>Wed, 15 May 2013 04:03:12 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=8be68937-cf85-4e8d-9ce2-905e726f3cd6&#x26;src=RSS</guid></item>
<item><title>UK's Lonrho gets buyout offer at nearly double its value</title><description>British industrial group Lonrho Plc said it received a 174.5 million pound ($266.2 million) buyout offer at a premium of 97.1 percent from a company controlled by Swiss billionaire Thomas Schmidheiny and investor Rainer-Marc Frey...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=56236271-641b-4613-b6f1-b6879f47b594&#x26;src=RSS</link><pubDate>Wed, 15 May 2013 03:34:06 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=56236271-641b-4613-b6f1-b6879f47b594&#x26;src=RSS</guid></item>
<item><title>China Galaxy IPO raises $1.1 bln, priced for first day pop</title><description>State-owned China Galaxy Securities Co Ltd raised $1.1 billion in Hong Kong's biggest IPO in six months, pricing the offer at the low end of its marketing range as it looks for a first day pop on its debut next week...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=1794f44c-d927-4121-ab23-e2e74e7d3ebe&#x26;src=RSS</link><pubDate>Wed, 15 May 2013 02:33:44 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=1794f44c-d927-4121-ab23-e2e74e7d3ebe&#x26;src=RSS</guid></item>
<item><title>China's Galaxy Sec prices IPO near bottom to raise $1.1 bln</title><description>State-owned China Galaxy Securities Co Ltd priced its initial public offering at the lower end of the indicative price range, raising $1.1 billion...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=71344751-d42c-4f4c-b3c6-77b4e30c807a&#x26;src=RSS</link><pubDate>Tue, 14 May 2013 22:34:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=71344751-d42c-4f4c-b3c6-77b4e30c807a&#x26;src=RSS</guid></item>
<item><title>Deal flow slows as investors digest massive wave of deals</title><description>A handful of Asian and small domestic issuers came to the primary US dollar high-grade market on Tuesday, with valuations looking stretched and investors...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=72a69c3e-b564-4bb5-987e-30152cf7fb59&#x26;src=RSS</link><pubDate>Tue, 14 May 2013 12:33:12 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=72a69c3e-b564-4bb5-987e-30152cf7fb59&#x26;src=RSS</guid></item>
<item><title>Ally reaches deal with ResCap creditors</title><description>Ally Financial Inc on Tuesday agreed to an important deal with creditors of its bankrupt Residential Capital LLC subsidiary that will allow the lender finally to separate...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=51af647a-88eb-4d89-aa30-1caf5ec5dc85&#x26;src=RSS</link><pubDate>Tue, 14 May 2013 12:32:39 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=51af647a-88eb-4d89-aa30-1caf5ec5dc85&#x26;src=RSS</guid></item>
<item><title>Failed bid for Betfair highlights public-to-private pitfalls</title><description>The collapse of the bid by private equity firm CVC Capital Partners to take Betfair private highlights how it has become increasingly difficult to pull off such deals...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=7f41a354-65fd-4bcd-95d5-83e98806267a&#x26;src=RSS</link><pubDate>Tue, 14 May 2013 12:02:26 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=7f41a354-65fd-4bcd-95d5-83e98806267a&#x26;src=RSS</guid></item>
<item><title>Dish plans debt sale to fund Sprint offer</title><description>Dish Network Corp said on Tuesday it has answered all the questions posed by a special committee of Sprint Nextel Corp's board of directors, as Dish awaits...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=0f6ca196-e33a-490b-b723-c9e0c3a5a990&#x26;src=RSS</link><pubDate>Tue, 14 May 2013 11:03:11 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=0f6ca196-e33a-490b-b723-c9e0c3a5a990&#x26;src=RSS</guid></item>
<item><title>IPO watch: MLP offerings continue with QEP Midstream Partners</title><description>
Master limited partnerships (MLPs) are giving the IPO market a boost, with QEP Midstream Partners LP joining the growing list...
</description><link>http://currents.westlawbusiness.com//Article.aspx?id=658e0576-cd20-4e24-b110-1776495079d1&#x26;src=RSS</link><pubDate>Tue, 14 May 2013 10:30:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=658e0576-cd20-4e24-b110-1776495079d1&#x26;src=RSS</guid></item>
<item><title>Spain gears up for debt sale bonanza</title><description>The Kingdom of Spain is gearing up for one of its heaviest days of debt issuance of the year with a 10-year syndicated bond and a T-bill sale...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=90859a56-23a5-4d40-a38a-a0639ef1f87b&#x26;src=RSS</link><pubDate>Tue, 14 May 2013 04:39:03 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=90859a56-23a5-4d40-a38a-a0639ef1f87b&#x26;src=RSS</guid></item>
<item><title>U.S. hedge fund calls for Sony Entertainment spin-off</title><description>A New York-based hedge fund with a reputation as an activist investor has proposed that Sony Corp spin off its entertainment division via an IPO, saying the move could boost the Japanese electronics firm's shares by as much as 60 percent...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=83668971-7b37-4298-a558-fd86a828e1b6&#x26;src=RSS</link><pubDate>Tue, 14 May 2013 03:56:30 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=83668971-7b37-4298-a558-fd86a828e1b6&#x26;src=RSS</guid></item>
<item><title>British Land to exit mainland Europe as economic crisis bites</title><description>Property developer British Land is looking to sell its 255 million pound ($391 million) portfolio of retail properties in mainland Europe after the assets lost almost a fifth of their value on the back of the economic crisis in Spain and Portugal...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=513326a8-0b7f-4d67-bf04-59253ffb5a08&#x26;src=RSS</link><pubDate>Tue, 14 May 2013 03:45:08 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=513326a8-0b7f-4d67-bf04-59253ffb5a08&#x26;src=RSS</guid></item>
<item><title>Severn Trent confirms Borealis and Kuwait takeover approach</title><description>British water company Severn Trent confirmed it had received a takeover approach from a consortium including Borealis Infrastructure and the Kuwait Investment Office...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=ee1c7a72-cc77-442b-9e1d-ab9f8fe328f6&#x26;src=RSS</link><pubDate>Tue, 14 May 2013 03:24:54 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=ee1c7a72-cc77-442b-9e1d-ab9f8fe328f6&#x26;src=RSS</guid></item>
<item><title>Commerzbank sets terms for $3.3 bln capital hike</title><description>Commerzbank is offering shares at a deep discount in a 2.5 billion euro ($3.3 billion) capital increase aimed at repaying funds it owes to the German government and insurer Allianz...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=9080ac3c-fe4e-4447-aee1-26ba6418b150&#x26;src=RSS</link><pubDate>Tue, 14 May 2013 02:52:37 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=9080ac3c-fe4e-4447-aee1-26ba6418b150&#x26;src=RSS</guid></item>
<item><title>IAG launches bond issue to fund Vueling takeover</title><description>The International Airlines Group said on Tuesday it would issue up to 400 million euros ($519.3 million) of convertible bonds to help fund the purchase of low-cost carrier Vueling and boost IAG's working capital...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=5bf16d7c-0d3d-4f31-a47d-0268a0774526&#x26;src=RSS</link><pubDate>Tue, 14 May 2013 02:52:15 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=5bf16d7c-0d3d-4f31-a47d-0268a0774526&#x26;src=RSS</guid></item>
<item><title>NZ's Synlait Milk plans IPO, taps dairy investment demand</title><description>Chinese controlled-New Zealand dairy company Synlait Milk Ltd is planning a public share offer to fund an expansion in China's booming infant formula market, tapping into global demand for food-related investments in Asia...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=d62b7ef2-bd4a-4108-9593-4f5024838c65&#x26;src=RSS</link><pubDate>Tue, 14 May 2013 00:57:03 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=d62b7ef2-bd4a-4108-9593-4f5024838c65&#x26;src=RSS</guid></item>
<item><title>Galaxy's $5.7 bln valuation looks starry-eyed</title><description>Seen from orbit, Galaxy Securities' $5.7 billion initial public offering looks compelling. The Chinese group has a leading position in a fast growing market. Earnings should grow rapidly for the next couple of years. After that, however, investors expecting continued outperformance may come back to earth with a bump...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=9a5fca74-fd6d-4112-be07-809c073519f9&#x26;src=RSS</link><pubDate>Mon, 13 May 2013 23:17:15 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=9a5fca74-fd6d-4112-be07-809c073519f9&#x26;src=RSS</guid></item>
<item><title>Activist investor to push for new debt deal at PagesJaunes</title><description>Activist investor Guy Wyser-Pratte said he is seeking board seats at French phone directories company PagesJaunes to force its biggest shareholder...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=4b87dd42-fe34-4745-aa01-af3a47ec3235&#x26;src=RSS</link><pubDate>Mon, 13 May 2013 13:33:05 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=4b87dd42-fe34-4745-aa01-af3a47ec3235&#x26;src=RSS</guid></item>
<item><title>EDP puts securitisation to use to cover tariff deficit</title><description>Energias de Portugal (EDP) is using securitisation techniques to fill the deficit incurred during the production and distribution of electricity utility services...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=307c83d0-e849-424f-a4d7-302c8cc83fe6&#x26;src=RSS</link><pubDate>Mon, 13 May 2013 11:20:19 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=307c83d0-e849-424f-a4d7-302c8cc83fe6&#x26;src=RSS</guid></item>
<item><title>Bain Capital to buy Germany clutch maker FTE</title><description>Private equity firm Bain Capital has agreed to buy German clutch systems maker FTE automotive from PAI Partners, the companies said on Monday...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=71236827-1005-482b-815d-6f425538858c&#x26;src=RSS</link><pubDate>Mon, 13 May 2013 10:29:40 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=71236827-1005-482b-815d-6f425538858c&#x26;src=RSS</guid></item>
<item><title>Building products maker Ply Gem seeks $1.3 bln valuation in IPO</title><description>Building products maker Ply Gem Holdings Inc said it expects to price the shares in its initial public offering at between $18 and $20 each, valuing the company at up to $1.3 billion.</description><link>http://currents.westlawbusiness.com//Article.aspx?id=a065a6bf-7572-4b5c-8481-59f9423d06e8&#x26;src=RSS</link><pubDate>Mon, 13 May 2013 08:16:40 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=a065a6bf-7572-4b5c-8481-59f9423d06e8&#x26;src=RSS</guid></item>
<item><title>Five China securities joint ventures posted losses in 2012</title><description>Five of China's overseas-backed securities joint ventures lost money in 2012, according to data released over the weekend, underlining the challenge...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=7666e6c6-b10f-49ab-b0f2-788ad0b34e95&#x26;src=RSS</link><pubDate>Mon, 13 May 2013 07:54:56 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=7666e6c6-b10f-49ab-b0f2-788ad0b34e95&#x26;src=RSS</guid></item>
<item><title>Saxo Bank rules out stock market listing in short term</title><description>Danish online investment banking firm Saxo Bank has ruled out a stock market listing in the short term, despite a resurgence of financial initial public offerings (IPOs) in 2013...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=a293b004-ed06-471f-aa9d-d7c7dc7f28fb&#x26;src=RSS</link><pubDate>Mon, 13 May 2013 06:05:06 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=a293b004-ed06-471f-aa9d-d7c7dc7f28fb&#x26;src=RSS</guid></item>
<item><title>U.S. loan market lures European buyouts</title><description>Sponsors of European companies are opting to tap the US leveraged loan market to raise financing, lured by the greater liquidity, covenant-lite structures and...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=0fe93246-1599-49f4-9d09-f46a10e884dc&#x26;src=RSS</link><pubDate>Mon, 13 May 2013 05:32:07 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=0fe93246-1599-49f4-9d09-f46a10e884dc&#x26;src=RSS</guid></item>
<item><title>Partnership Assurance plans $1.54 bln UK share listing</title><description>Private-equity backed life insurer Partnership Assurance Group said it plans to go public in London next month, taking advantage of a recovery in listings to sell at least a quarter of its shares...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=a9f8e8b9-c4b4-4ad6-879b-ab0a1c607cdd&#x26;src=RSS</link><pubDate>Mon, 13 May 2013 05:16:58 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=a9f8e8b9-c4b4-4ad6-879b-ab0a1c607cdd&#x26;src=RSS</guid></item>
<item><title>AirAsia X eyes $300 mln IPO as airlines gear up for fund-raising</title><description>Malaysian long-haul budget carrier AirAsia X said it is looking to raise $300 million in an IPO, throwing its hat into an expanding fundraising ring as Southeast Asian airlines seek to build up their fleets and ride a boom in regional passenger traffic...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=db2790a1-8495-42f3-8d75-3e3e8ca60949&#x26;src=RSS</link><pubDate>Mon, 13 May 2013 03:20:42 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=db2790a1-8495-42f3-8d75-3e3e8ca60949&#x26;src=RSS</guid></item>
<item><title>Lloyds Chairman Bischoff to retire in coming year</title><description>Lloyds Banking Group Plc said its chairman Win Bischoff would retire in the next year having overseen the rebuilding of Britain's biggest retail bank following a 2008 government rescue...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=0b6ef130-673a-45b1-a978-ec69de9dd5be&#x26;src=RSS</link><pubDate>Mon, 13 May 2013 03:08:19 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=0b6ef130-673a-45b1-a978-ec69de9dd5be&#x26;src=RSS</guid></item>
<item><title>IRS kept shifting targets in U.S. tax-exempt groups scrutiny</title><description>When U.S. tax agents started singling out non-profit groups for extra scrutiny in 2010, they looked at first only for key words such as 'Tea Party,' but later they focused on criticisms by groups of "how the country is being run," according to investigative findings reviewed by Reuters on Sunday...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=332ffe09-d0f1-42a6-93ab-c64d13f103fd&#x26;src=RSS</link><pubDate>Mon, 13 May 2013 00:05:55 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=332ffe09-d0f1-42a6-93ab-c64d13f103fd&#x26;src=RSS</guid></item>
<item><title>China IPO resumption likely to be delayed</title><description>The resumption of initial public offerings in China, expected this month or next, will likely be delayed until July in part due to concerns over the strength of the economy, the official China Securities Journal reported on Monday...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=68a1fe4e-fd27-4a5f-a736-de8075b05e0e&#x26;src=RSS</link><pubDate>Sun, 12 May 2013 21:56:02 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=68a1fe4e-fd27-4a5f-a736-de8075b05e0e&#x26;src=RSS</guid></item>
<item><title>SoftBank asks banks not to finance Dish's Sprint bid</title><description>SoftBank Corp is playing it rough in its attempt to keep Dish Network Corp from breaking up its $20.1 billion deal to take control of Sprint Nextel Corp...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=7eef0b44-1d92-48ce-bbf5-6f05e2ffa045&#x26;src=RSS</link><pubDate>Fri, 10 May 2013 20:53:09 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=7eef0b44-1d92-48ce-bbf5-6f05e2ffa045&#x26;src=RSS</guid></item>
<item><title>Icahn, Southeastern mount challenge to Dell buyout</title><description>Activist investor Carl Icahn and Southeastern Asset Management Inc, two of Dell Inc's biggest shareholders, have proposed an alternative to a buyout deal led by founder Michael Dell...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=dd517aa4-eefc-492b-9c32-7d5bdb791661&#x26;src=RSS</link><pubDate>Fri, 10 May 2013 16:40:25 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=dd517aa4-eefc-492b-9c32-7d5bdb791661&#x26;src=RSS</guid></item>
<item><title>True Religion agrees to go private in $835 mln deal</title><description>Premium jeans maker True Religion Apparel Inc said it would be acquired by investment management firm TowerBrook Capital Partners LP in a deal worth about $835 million...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=f343d10a-ce9d-42bb-9e82-8882c035c7b7&#x26;src=RSS</link><pubDate>Fri, 10 May 2013 12:16:30 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=f343d10a-ce9d-42bb-9e82-8882c035c7b7&#x26;src=RSS</guid></item>
<item><title>Breakingviews: Apple's bite out of market seeds IPO appetites</title><description>By taking a big bite out of the American stock market, Apple is inadvertently seeding the appetite for equity. While the iPad maker's recently...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=194da081-6dc5-402d-ae49-df8cdfafe614&#x26;src=RSS</link><pubDate>Fri, 10 May 2013 11:00:47 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=194da081-6dc5-402d-ae49-df8cdfafe614&#x26;src=RSS</guid></item>
<item><title>Euro hybrid market braced for overseas corporate influx</title><description>A record-breaking coupon on a EUR1.75bn Hutchison Whampoa hybrid bond this week is expected to lure other Asian corporates into the market as they seek to get the cheapest funding possible for these subordinated instruments...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=7e393215-771b-4545-b3c5-34c03ff7302f&#x26;src=RSS</link><pubDate>Fri, 10 May 2013 09:16:35 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=7e393215-771b-4545-b3c5-34c03ff7302f&#x26;src=RSS</guid></item>
<item><title>Alibaba to invest $294m in mapping firm AutoNav</title><description>Alibaba Group, China's largest e-commerce firm, will take a 28 percent stake in digital mapping company AutoNavi Holdings Ltd, part of Alibaba's move...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=2efd82c1-c266-4425-ac18-971ac20d2fb6&#x26;src=RSS</link><pubDate>Fri, 10 May 2013 07:50:26 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=2efd82c1-c266-4425-ac18-971ac20d2fb6&#x26;src=RSS</guid></item>
<item><title>Australia's Crown wins approval to raise stake in rival Echo</title><description>Crown Ltd, the Australian casino company controlled by billionaire James Packer, has won regulatory approval to increase its 10 percent stake in rival Echo Entertainment Group, the operator of Sydney's sole casino...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=6a5e54e3-df88-4a7e-bd21-6a4d0c98876a&#x26;src=RSS</link><pubDate>Fri, 10 May 2013 04:45:06 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=6a5e54e3-df88-4a7e-bd21-6a4d0c98876a&#x26;src=RSS</guid></item>
<item><title>UK's sovereign debt precaution at odds with EU</title><description>Britain's principled approach to banks' holdings of sovereign debt could have a perverse outcome. The watchdog has taken the sensible step of demanding that lenders expect big losses if government bonds default. That helps fix one of the biggest flaws in measuring bank capital...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=c39077cb-f121-4ce6-9abe-617eceeefe6c&#x26;src=RSS</link><pubDate>Fri, 10 May 2013 04:36:50 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=c39077cb-f121-4ce6-9abe-617eceeefe6c&#x26;src=RSS</guid></item>
<item><title>Slovene banks NLB, NKBM to raise new capital</title><description>Slovenia's largest banks NLB and NKBM, which are both state-controlled, plan capital hikes worth a combined 767 million euros ($1 billion), the banks said on Friday...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=a3a87949-48b9-4797-98d1-149ae84037e8&#x26;src=RSS</link><pubDate>Fri, 10 May 2013 04:20:17 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=a3a87949-48b9-4797-98d1-149ae84037e8&#x26;src=RSS</guid></item>
<item><title>Kazakhstan plans up to $1 bln Eurobond this year</title><description>Oil-rich Kazakhstan will return to global bond markets this year with an issue of up to $1 billion and has invited banks to apply to manage the deal, Finance Minister Bolat Zhamishev said on Friday...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=45d29897-c81c-4122-abaf-c17a39664f42&#x26;src=RSS</link><pubDate>Fri, 10 May 2013 04:05:47 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=45d29897-c81c-4122-abaf-c17a39664f42&#x26;src=RSS</guid></item>
<item><title>TPG sells stake in India's Shriram Transport for $300 mln</title><description>U.S. private equity firm TPG Capital raised about $300 million by selling its roughly 10 percent stake in Indian commercial vehicle financier Shriram Transport Finance Co Ltd to India's Piramal Group, generating a near seven times return on a 2006 investment...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=d69c0fde-4cf1-40ba-8eb0-d629809b65fd&#x26;src=RSS</link><pubDate>Fri, 10 May 2013 03:28:47 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=d69c0fde-4cf1-40ba-8eb0-d629809b65fd&#x26;src=RSS</guid></item>
<item><title>Alibaba to take 20-30 pct stake in mapping firm AutoNavi</title><description>Alibaba Group, China's largest e-commerce firm, is set to take a 20 to 30 percent stake in Chinese digital mapping and navigation firm AutoNavi Holdings Ltd, local media reported, as it aims to boost its competitveness by beefing up its product lineup...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=013b8dff-3696-41d7-ad7c-10ffc5c28e0d&#x26;src=RSS</link><pubDate>Fri, 10 May 2013 02:05:50 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=013b8dff-3696-41d7-ad7c-10ffc5c28e0d&#x26;src=RSS</guid></item>
<item><title>CR Power to pay $553 mln for China wind farms</title><description>China Resources Power Holdings Co Ltd said on Friday it would buy wind farms in 10 provinces in China from its controlling shareholder, sate-owned conglomerate China Resources (Holdings) Co Ltd, for HK$4.3 billion ($553 million)...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=fa79a939-0b08-44d8-9244-dd8a23680b9b&#x26;src=RSS</link><pubDate>Thu, 9 May 2013 21:05:27 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=fa79a939-0b08-44d8-9244-dd8a23680b9b&#x26;src=RSS</guid></item>
<item><title>Advisory firm Sontag stops taking fees from Schwab and Fidelity</title><description>Sontag Advisory, which oversees $3.6 billion of investments for wealthy families and individuals, has reversed its policy of accepting payments from Charles Schwab Corp...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=64f626be-1ffa-4c50-a016-29d09af9a70e&#x26;src=RSS</link><pubDate>Thu, 9 May 2013 15:11:12 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=64f626be-1ffa-4c50-a016-29d09af9a70e&#x26;src=RSS</guid></item>
<item><title>Private equity 2013: advisory services and fee structures</title><description>In the private equity industry, investments typically pay off in one of three ways: an initial public offering, a merger or acquisition…</description><link>http://currents.westlawbusiness.com//Article.aspx?id=da116280-4530-4b6b-b8b5-634062b3a6b2&#x26;src=RSS</link><pubDate>Thu, 9 May 2013 15:00:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=da116280-4530-4b6b-b8b5-634062b3a6b2&#x26;src=RSS</guid></item>
<item><title>Apache plans to sell $4 bln in assets by year-end</title><description>Oil and gas producer Apache Corp said it plans to sell assets worth $4 billion, doubling its divestiture program for the year, to reduce debt and buy back shares...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=3998c58d-9b39-4ddc-aad5-b3556a1e2f87&#x26;src=RSS</link><pubDate>Thu, 9 May 2013 13:33:44 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=3998c58d-9b39-4ddc-aad5-b3556a1e2f87&#x26;src=RSS</guid></item>
<item><title>U.S. seeks record prison for ex-UBS bankers over muni bid-rigging</title><description>U.S. prosecutors are seeking record prison terms, including one approaching 20 years, for three former UBS AG bankers who were convicted of conspiring to deceive U.S. cities and towns by scheming to rig bids to invest municipal bond proceeds...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=206990c9-ce6b-4b9f-a790-3fda08d39039&#x26;src=RSS</link><pubDate>Thu, 9 May 2013 12:39:47 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=206990c9-ce6b-4b9f-a790-3fda08d39039&#x26;src=RSS</guid></item>
<item><title>RBS moves executives to prepare for Citizens share sale</title><description>Royal Bank of Scotland's chief executive Stephen Hester has moved two of his key lieutenants into new roles as he prepares for a sale of shares in its U.S. arm Citizens Financial Group...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=2bfc46d5-0e33-40c2-a4be-04aa0a06c7e8&#x26;src=RSS</link><pubDate>Thu, 9 May 2013 12:02:02 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=2bfc46d5-0e33-40c2-a4be-04aa0a06c7e8&#x26;src=RSS</guid></item>
<item><title>Shareholders back Aviva pay one year after revolt</title><description>Investors in British insurer Aviva have backed the firm's new management team one year after a vote against executive pay plans that led to the departure of its chief executive...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=7227a448-5c05-4a3d-87b9-512f422c38ea&#x26;src=RSS</link><pubDate>Thu, 9 May 2013 11:39:50 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=7227a448-5c05-4a3d-87b9-512f422c38ea&#x26;src=RSS</guid></item>
<item><title>Canadian Tire plans C$3.5 bln REIT, shares soar</title><description>Canadian Tire Corp, best-known for its namesake automotive and homeware stores, said it plans to create a C$3.5 billion ($3.5 billion) real estate investment trust...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=61d31c7b-ed72-45e7-9a38-9178f882e02b&#x26;src=RSS</link><pubDate>Thu, 9 May 2013 10:45:45 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=61d31c7b-ed72-45e7-9a38-9178f882e02b&#x26;src=RSS</guid></item>
<item><title>Advisers Morgan Stanley, Deutsche drop miner ENRC</title><description>Morgan Stanley and Deutsche Bank have quit as brokers to embattled miner ENRC, a highly unusual step that adds to the woes of a company facing allegations of fraud around its African and Kazakh operations...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=67b18fc0-c23b-49bd-abb0-b6ece65181eb&#x26;src=RSS</link><pubDate>Thu, 9 May 2013 10:42:23 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=67b18fc0-c23b-49bd-abb0-b6ece65181eb&#x26;src=RSS</guid></item>
<item><title>Portugal's BES eyes full-scale return to bond market</title><description>Encouraged by Portugal's first 10-year bond issue since 2011, the country's second-largest listed bank, BES, hopes to return to the corporate debt market on a regular basis and is looking at a range of potential bond issues.</description><link>http://currents.westlawbusiness.com//Article.aspx?id=a1568d8e-93e5-4e1a-ae90-30259000ebd4&#x26;src=RSS</link><pubDate>Thu, 9 May 2013 10:05:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=a1568d8e-93e5-4e1a-ae90-30259000ebd4&#x26;src=RSS</guid></item>
<item><title>Brazil seeks to raise $500 mln with reopening of global bond</title><description>Brazil aims to raise $500 million with the reopening on Thursday of a dollar-denominated global bond due in 2023, a source with direct knowledge of the transaction told Reuters, taking advantage of rising appetite for emerging-market debt...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=f7cfcb0d-887e-4934-ba2e-aabddae874a0&#x26;src=RSS</link><pubDate>Thu, 9 May 2013 09:44:49 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=f7cfcb0d-887e-4934-ba2e-aabddae874a0&#x26;src=RSS</guid></item>
<item><title>IPO watch: Portola is latest biopharma company to use JOBS Act status to go public</title><description>
On May 7, Portola Pharmaceuticals Inc filed a registration statement setting the pricing terms for its $100 million…
</description><link>http://currents.westlawbusiness.com//Article.aspx?id=b5b2a0cd-a037-4270-94ea-490a9ec51951&#x26;src=RSS</link><pubDate>Thu, 9 May 2013 08:00:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=b5b2a0cd-a037-4270-94ea-490a9ec51951&#x26;src=RSS</guid></item>
<item><title>Dubai nears last big debt restructuring as crisis fades</title><description>The Dubai Group investment firm said on Thursday it expected a $10-billion restructuring of its debt within weeks, sealing the Gulf emirate's recovery from...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=51faf0a3-fa47-48ce-a703-873d4e0b3a06&#x26;src=RSS</link><pubDate>Thu, 9 May 2013 07:21:57 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=51faf0a3-fa47-48ce-a703-873d4e0b3a06&#x26;src=RSS</guid></item>
<item><title>Philippines' San Miguel to revive power unit's IPO plan, eyes $700 mln</title><description>Philippine conglomerate San Miguel Corp is reviving a plan to list its power generation unit this year, which may raise as much as $700 million, its president said on Thursday...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=f5319b4a-160c-4a3f-a4aa-5293ba53163e&#x26;src=RSS</link><pubDate>Thu, 9 May 2013 05:49:17 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=f5319b4a-160c-4a3f-a4aa-5293ba53163e&#x26;src=RSS</guid></item>
<item><title>Eni places Snam stake in 3.69-3.77 euro range</title><description>Italian oil and gas group Eni placed an 11.69 percent stake in gas transport group Snam on Thursday in a move that could net the oil major up to 1.49 billion euros ($1.96 billion)...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=9775c55f-451e-45fc-9f6d-dfe597b84510&#x26;src=RSS</link><pubDate>Thu, 9 May 2013 03:38:45 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=9775c55f-451e-45fc-9f6d-dfe597b84510&#x26;src=RSS</guid></item>
<item><title>U.S. House set to pass tactical Republican debt bill</title><description>U.S. House Republicans are expected to pass a bill on Thursday that would require the Obama administration to prioritize government debt payments and retirement benefits if Congress fails to reach a deal to raise the U.S. debt ceiling...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=28ffba48-c06a-45ce-b9ff-f01ee576a340&#x26;src=RSS</link><pubDate>Thu, 9 May 2013 01:00:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=28ffba48-c06a-45ce-b9ff-f01ee576a340&#x26;src=RSS</guid></item>
<item><title>Mexican government unveils bank reform bill to spur lending</title><description>Mexico on Wednesday presented wide-ranging financial reforms to jump-start lending in Latin America's No. 2 economy, making it easier for banks to collect on guarantees for bad loans and beefing up regulator powers over delinquent companies...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=62acee13-c529-4969-aeb9-4e822afd91e3&#x26;src=RSS</link><pubDate>Thu, 9 May 2013 00:44:31 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=62acee13-c529-4969-aeb9-4e822afd91e3&#x26;src=RSS</guid></item>
<item><title>PBOC auctions 3-month bills at 2.9089 pct, injects 84 bln yuan for week</title><description>China's central bank auctioned 10 billion yuan ($1.63 billion) of three-month bills in its open market operations on Thursday at a yield of 2.9089 percent, traders said...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=4e33ff03-2abc-4885-8e0a-d747e33df23d&#x26;src=RSS</link><pubDate>Wed, 8 May 2013 22:03:59 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=4e33ff03-2abc-4885-8e0a-d747e33df23d&#x26;src=RSS</guid></item>
<item><title>Quintiles IPO raises more-than-planned $947 mln as stocks rally</title><description>Drug researcher Quintiles Transnational Holdings raised a more-than planned $947 million in its IPO, the latest listing from a private equity-backed company as record highs for U.S. stocks encourage more exits from investments...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=e04d5d75-326f-49ba-a624-f107bd3e00fb&#x26;src=RSS</link><pubDate>Wed, 8 May 2013 21:03:28 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=e04d5d75-326f-49ba-a624-f107bd3e00fb&#x26;src=RSS</guid></item>
<item><title>Derivatives watch: ETFS shorts U.S. dollar against Aussie counterpart</title><description>
ETFS Foreign Exchange Ltd, a Jersey incorporated exchange traded fund, has issued final terms for derivative securities that offer investors…
</description><link>http://currents.westlawbusiness.com//Article.aspx?id=fcea1967-c9ca-442d-a0aa-2df39215539d&#x26;src=RSS</link><pubDate>Wed, 8 May 2013 14:00:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=fcea1967-c9ca-442d-a0aa-2df39215539d&#x26;src=RSS</guid></item>
<item><title>IPO watch: BRP implements dividend recap, prepares to go public</title><description>
BRP Inc, the maker of snowmobiles, all-terrain vehicles and watercraft, has filed an amended and restated preliminary prospectus…
</description><link>http://currents.westlawbusiness.com//Article.aspx?id=f5505d1a-a411-4db7-8685-a018c3bd0881&#x26;src=RSS</link><pubDate>Wed, 8 May 2013 12:00:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=f5505d1a-a411-4db7-8685-a018c3bd0881&#x26;src=RSS</guid></item>
<item><title>Allflex buyout backed with $810 mln of covenant-lite debt</title><description>BC Partners' $1.3 billion acquisition of animal identification company Allflex will be backed with an$810 million debt financing, banking sources said on Wednesday...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=62bf3230-f04f-4daa-89f4-73fc1c2057fa&#x26;src=RSS</link><pubDate>Wed, 8 May 2013 09:50:58 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=62bf3230-f04f-4daa-89f4-73fc1c2057fa&#x26;src=RSS</guid></item>
<item><title>Chesapeake wins bond dispute with Bank of NY Mellon</title><description>A federal judge on Wednesday ruled in favor of Chesapeake Energy Corp in a dispute with Bank of New York Mellon Corp over the natural gas company's...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=949ea486-aeef-4f44-8a77-218ac733e3c3&#x26;src=RSS</link><pubDate>Wed, 8 May 2013 09:45:40 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=949ea486-aeef-4f44-8a77-218ac733e3c3&#x26;src=RSS</guid></item>
<item><title>Turkey in talks with LSE, Nasdaq on bourse partnership</title><description>Turkey is in talks with the London Stock Exchange and Nasdaq about a partnership deal that could see it sell a stake in the Istanbul bourse as part of a drive to promote the city as a financial hub, its deputy prime minister said...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=39c0f326-cc34-4680-b996-64adfff9e68b&#x26;src=RSS</link><pubDate>Wed, 8 May 2013 08:41:35 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=39c0f326-cc34-4680-b996-64adfff9e68b&#x26;src=RSS</guid></item>
<item><title>Stemcor in talks on standstill on $850 mln loan</title><description>Privately-owned Stemcor, the world's largest independent steel trading company, is discussing a standstill agreement on a maturing $850 million loan with lead banks after failing to refinance the loan, banking sources said...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=68772356-d791-4b95-b1a1-d7e5578bfdb4&#x26;src=RSS</link><pubDate>Wed, 8 May 2013 08:17:26 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=68772356-d791-4b95-b1a1-d7e5578bfdb4&#x26;src=RSS</guid></item>
<item><title>Asian oil and gas companies go global to finance M&#x26;A</title><description>
International oil companies have been tapping global debt markets to pay their cross-border acquisition bills, as low U.S. interest rates…
</description><link>http://currents.westlawbusiness.com//Article.aspx?id=51088ec6-a79c-460d-a71c-cc7b7354e4fd&#x26;src=RSS</link><pubDate>Wed, 8 May 2013 08:00:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=51088ec6-a79c-460d-a71c-cc7b7354e4fd&#x26;src=RSS</guid></item>
<item><title>Saudi dairy firm Almarai eyes $500 mln sukuk sale</title><description>Saudi Arabian dairy producer Almarai Co plans to raise at least $500 million from the sale of a debut international Islamic bond to help to finance ambitious growth plans, a senior executive said on Wednesday...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=0d30bf48-f682-44ac-9564-2560a06b6c46&#x26;src=RSS</link><pubDate>Wed, 8 May 2013 05:42:07 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=0d30bf48-f682-44ac-9564-2560a06b6c46&#x26;src=RSS</guid></item>
<item><title>Spain's Realia takes steps on debt restructuring</title><description>Spanish property firm Realia agreed to convert a 115 million euro ($150 million) loan into shares as part of a plan to restructure debt and avoid insolvency, sending its stock sharply higher...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=2fcf001c-7bac-4352-aff3-d74f7c613140&#x26;src=RSS</link><pubDate>Wed, 8 May 2013 04:44:04 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=2fcf001c-7bac-4352-aff3-d74f7c613140&#x26;src=RSS</guid></item>
<item><title>ING prepares European insurance arm for listing in 2014</title><description>Dutch banking and insurance group ING will speed up preparations for a stock market listing of its European insurance business next year after just completing the spin-off of its U.S. insurance and investment arm...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=74eecefe-f1b0-4cd0-b978-706954f36010&#x26;src=RSS</link><pubDate>Wed, 8 May 2013 01:44:37 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=74eecefe-f1b0-4cd0-b978-706954f36010&#x26;src=RSS</guid></item>
<item><title>Hedge funds in search of distress take a look at Detroit</title><description>In the past two decades, a group of specialized hedge funds have transformed corporate bankruptcies, injecting much-needed capital while at the same time drawing fire as "vultures."...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=8325e43a-9d53-4cbe-81c5-18f2137d262c&#x26;src=RSS</link><pubDate>Wed, 8 May 2013 01:00:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=8325e43a-9d53-4cbe-81c5-18f2137d262c&#x26;src=RSS</guid></item>
<item><title>Apollo's investors and founders to sell shares</title><description>Apollo Global Management LLC's cornerstone investors and two of its founders are selling a slice of their shares, demonstrating how going public makes it easier for dealmakers at alternative asset managers to cash out on their holdings...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=7fd3f71c-831f-4b09-8692-1ac1912636f1&#x26;src=RSS</link><pubDate>Tue, 7 May 2013 22:11:15 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=7fd3f71c-831f-4b09-8692-1ac1912636f1&#x26;src=RSS</guid></item>
<item><title>Timken shareholders support splitting company in two</title><description>Almost half of Timken Co's shareholders backed an activist investor's drive to split the steel and ball-bearing company into two, and the board said...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=ffb739a0-f53c-403e-9a39-7031087e1ab6&#x26;src=RSS</link><pubDate>Tue, 7 May 2013 15:21:57 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=ffb739a0-f53c-403e-9a39-7031087e1ab6&#x26;src=RSS</guid></item>
<item><title>U.S. audit watchdog wants more insider business deal scrutiny</title><description>Corporate auditors would be required to look more closely at insider business deals, like those used in many Chinese company frauds, under a rule the U.S. audit regulator proposed on Tuesday...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=3034f5fd-04a2-45d6-8b21-890c6f7a4aec&#x26;src=RSS</link><pubDate>Tue, 7 May 2013 13:55:14 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=3034f5fd-04a2-45d6-8b21-890c6f7a4aec&#x26;src=RSS</guid></item>
<item><title>Breakingviews: BofA's MBIA settlement more than pays for itself</title><description>Bank of America's legal settlement with bond insurer MBIA pays for itself, and then some. Agreeing to resolve disputes over losses from old toxic sludge cheered shareholders on both sides...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=e74f2a5d-ab56-4b0d-bf8b-27245ee31530&#x26;src=RSS</link><pubDate>Tue, 7 May 2013 10:16:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=e74f2a5d-ab56-4b0d-bf8b-27245ee31530&#x26;src=RSS</guid></item>
<item><title>Quicksilver Resources cancels IPO because of weak NGL prices</title><description>Quicksilver Resources Inc reported a loss for the fifth straight quarter due to weak prices for natural gas liquids, and said it would withdraw the $250 million initial...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=7bd225c3-ebb1-4e72-a6d8-7625d41553a3&#x26;src=RSS</link><pubDate>Tue, 7 May 2013 09:44:31 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=7bd225c3-ebb1-4e72-a6d8-7625d41553a3&#x26;src=RSS</guid></item>
<item><title>Kosmos to invest $400 mln in Ghana oil development in 2013</title><description>Kosmos Energy will invest $400 million in its Ghana operations in 2013 as part of its commitments to the West African nation's Jubilee oil field and other projects, the firm's CEO said on Tuesday...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=82201998-6c9a-4704-969e-58af5c30a2f5&#x26;src=RSS</link><pubDate>Tue, 7 May 2013 09:21:24 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=82201998-6c9a-4704-969e-58af5c30a2f5&#x26;src=RSS</guid></item>
<item><title>Quicksilver Resources posts another loss, cancels IPO</title><description>Quicksilver Resources Inc reported a loss for the fifth straight quarter due to weak prices for natural gas liquids, and said it would withdraw a $250 million initial public offering of a master limited partnership (MLP)...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=21db7a96-ca79-4a11-8294-190108f3944a&#x26;src=RSS</link><pubDate>Tue, 7 May 2013 08:22:32 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=21db7a96-ca79-4a11-8294-190108f3944a&#x26;src=RSS</guid></item>
<item><title>Hochtief sells airports business for $1.4 bln</title><description> Hochtief said it sold its airports unit to Canada's Public Sector Pension Investment Board for 1.1 billion euros ($1.4 billion), to help fund a shift towards ground transportation and energy infrastructure...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=d695e5c9-9d89-4245-bed5-a613354b595a&#x26;src=RSS</link><pubDate>Tue, 7 May 2013 05:54:23 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=d695e5c9-9d89-4245-bed5-a613354b595a&#x26;src=RSS</guid></item>
<item><title>Portugal on track to issue first bond since bailout</title><description>The Republic of Portugal is set to issue its first new benchmark bond since its bailout in 2011 later on Tuesday, keeping it on track to exit the programme next year...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=60d73539-64b2-4b92-a20d-7284fbb021f0&#x26;src=RSS</link><pubDate>Tue, 7 May 2013 05:40:16 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=60d73539-64b2-4b92-a20d-7284fbb021f0&#x26;src=RSS</guid></item>
<item><title>SEC charges Pennsylvania's Harrisburg with fraud</title><description>Federal regulators on Monday accused Pennsylvania's beleaguered capital, Harrisburg, of committing fraud, in a move that officials said is meant to send a warning to local officials about the accuracy of financial information they provide to investors and taxpayers...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=67c983f0-fb19-481f-9793-f681f92895c2&#x26;src=RSS</link><pubDate>Mon, 6 May 2013 20:35:42 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=67c983f0-fb19-481f-9793-f681f92895c2&#x26;src=RSS</guid></item>
<item><title>IPO watch: Apollo Management plans PE exit from Claire’s Stores Inc</title><description>
Claire’s Stores Inc, a retailer of jewelry and accessories for young women, filed an initial registration statement to begin an initial public offering…
</description><link>http://currents.westlawbusiness.com//Article.aspx?id=d6d05034-fdc2-4f5b-bdea-1ed5f1de9fbd&#x26;src=RSS</link><pubDate>Mon, 6 May 2013 17:30:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=d6d05034-fdc2-4f5b-bdea-1ed5f1de9fbd&#x26;src=RSS</guid></item>
<item><title>BMC to go private in $6.9 bln deal led by Bain, Golden Gate</title><description>Business software maker BMC Software Inc, whose anemic growth has been a source of frustration for its largest shareholder, said it would be taken private...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=efcdd0b5-3f32-412a-89a2-c31e095980c2&#x26;src=RSS</link><pubDate>Mon, 6 May 2013 13:58:38 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=efcdd0b5-3f32-412a-89a2-c31e095980c2&#x26;src=RSS</guid></item>
<item><title>Investors may lobby JPMorgan to clip Dimon's wings if vote fails</title><description>JPMorgan Chase &amp;#x26; Co's Jamie Dimon may be losing ground in his fight to keep the title of chairman, as some major investors push for more oversight of the chief executive after...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=83008ef4-ba44-4bf8-a61d-b2d47540a38a&#x26;src=RSS</link><pubDate>Mon, 6 May 2013 07:00:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=83008ef4-ba44-4bf8-a61d-b2d47540a38a&#x26;src=RSS</guid></item>
<item><title>Breakingviews: Galaxy IPO hangs on Chinese equity market lift-off</title><description>China's equity markets are in the gutter but looking up at the heavens. The initial public offering of China Galaxy Securities, the country's biggest broker...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=e2539080-c860-41ee-9293-8b4607fb8e8d&#x26;src=RSS</link><pubDate>Mon, 6 May 2013 05:36:32 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=e2539080-c860-41ee-9293-8b4607fb8e8d&#x26;src=RSS</guid></item>
<item><title>Berkshire's Munger says takeover prices too high</title><description>Warren Buffett's Berkshire Hathaway Inc would be "stark raving mad" to rule out another giant acquisition like its 2009 Burlington Northern takeover...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=51fe5fdf-09f9-4f45-b115-c23e88b8e1b0&#x26;src=RSS</link><pubDate>Fri, 3 May 2013 13:29:54 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=51fe5fdf-09f9-4f45-b115-c23e88b8e1b0&#x26;src=RSS</guid></item>
<item><title>Breakingviews: PepsiCo resistance against activists looks futile</title><description>A PepsiCo breakup looks like a matter of time. Investors with a hankering for corporate restructurings have taken stakes in the $128 billion snacks and drinks conglomerate...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=c8a4fbd9-ae41-45a4-ba0b-867e3f7639b1&#x26;src=RSS</link><pubDate>Fri, 3 May 2013 13:02:21 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=c8a4fbd9-ae41-45a4-ba0b-867e3f7639b1&#x26;src=RSS</guid></item>
<item><title>U.S regulator warns about misleading investors in non-traded REITs</title><description>The Financial Industry Regulatory Authority is cautioning brokerage firms about the way they market some real estate investment trusts after a review by...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=9e0f03e9-d7a5-44c4-986a-4144d96db057&#x26;src=RSS</link><pubDate>Fri, 3 May 2013 12:50:31 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=9e0f03e9-d7a5-44c4-986a-4144d96db057&#x26;src=RSS</guid></item>
<item><title>ISS backs hedge fund's nominees to Hess board</title><description>Influential U.S. proxy advisory firm ISS recommended that Hess Corp shareholders elect five new board members nominated by activist hedge fund Elliott Management...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=0cfae5f3-b272-40ba-b647-bc8343879764&#x26;src=RSS</link><pubDate>Fri, 3 May 2013 12:27:21 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=0cfae5f3-b272-40ba-b647-bc8343879764&#x26;src=RSS</guid></item>
<item><title>FINRA warns about misleading investors in nontraded REIT sales</title><description>The Financial Industry Regulatory Authority (FINRA) is cautioning brokerage firms about the way they market some real estate investment trusts after a review by the Wall Street watchdog revealed problems, according to a regulatory notice...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=e996d304-9680-4d43-a4eb-56b8ae976deb&#x26;src=RSS</link><pubDate>Fri, 3 May 2013 09:30:35 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=e996d304-9680-4d43-a4eb-56b8ae976deb&#x26;src=RSS</guid></item>
<item><title>BBVA scores with Tier 1 bond despite shaky fundamentals</title><description>A USD9bn-plus order book for BBVA's Additional Tier 1 bond this week, at a time when economic fundamentals are at their worst, has proved that the hunt for yield is transcending any fears about a potentially calamitous market correction down the road...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=d9999af2-e4a5-4e99-b33c-340afc1d335c&#x26;src=RSS</link><pubDate>Fri, 3 May 2013 07:05:30 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=d9999af2-e4a5-4e99-b33c-340afc1d335c&#x26;src=RSS</guid></item>
<item><title>Debt watch: Nestle hits the market with its serial debt offerings</title><description>
Swiss food company Nestle SA is feasting on European debt markets with a €500 million ($650.1 million) seven-year bond paying just 1.250 percent in interest…
</description><link>http://currents.westlawbusiness.com//Article.aspx?id=53c331fb-65b6-454d-9167-8e39b4ea3d02&#x26;src=RSS</link><pubDate>Fri, 3 May 2013 07:00:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=53c331fb-65b6-454d-9167-8e39b4ea3d02&#x26;src=RSS</guid></item>
<item><title>Verizon says will not pay a premium for Vodafone stake</title><description>Verizon Communications would like to buy out Vodafone from their Wireless joint venture but will not do so at any cost, its chief executive has told JP Morgan analysts..</description><link>http://currents.westlawbusiness.com//Article.aspx?id=f5512699-b563-4590-8b72-75048455d7cc&#x26;src=RSS</link><pubDate>Fri, 3 May 2013 04:10:53 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=f5512699-b563-4590-8b72-75048455d7cc&#x26;src=RSS</guid></item>
<item><title>Hedge fund firm Man Group shares surge on debt buyback</title><description>Last summer, euro zone member Spain was struggling to borrow money for 10 years at a yield below 7 percent. Last week, Rwanda had no trouble...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=829a85be-b95a-464a-b21f-e18bd339ec5b&#x26;src=RSS</link><pubDate>Fri, 3 May 2013 03:47:39 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=829a85be-b95a-464a-b21f-e18bd339ec5b&#x26;src=RSS</guid></item>
<item><title>Manila's Asia United prices $204 mln IPO, offer oversubscribed</title><description>Philippine lender Asia United Bank (AUB) has priced its $204 million initial public offer at the midpoint of an indicative range to ensure after-market support, although the issue was oversubscribed after the Philippines bagged its second investment grade rating...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=e814d1bf-ddad-4c53-845d-aa9dc0ed908f&#x26;src=RSS</link><pubDate>Thu, 2 May 2013 21:02:01 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=e814d1bf-ddad-4c53-845d-aa9dc0ed908f&#x26;src=RSS</guid></item>
<item><title>M&#x26;A watch: Kulczyk Oil acquires Winstar Resources using a plan of arrangement</title><description>
Kulczyk Oil Ventures, a Canadian company listed on the Warsaw Stock Exchange, has agreed to acquire Winstar Resources in a deal that…
</description><link>http://currents.westlawbusiness.com//Article.aspx?id=ab9e13e3-6d76-4ec8-a5c4-8b7bb39dce7d&#x26;src=RSS</link><pubDate>Thu, 2 May 2013 15:00:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=ab9e13e3-6d76-4ec8-a5c4-8b7bb39dce7d&#x26;src=RSS</guid></item>
<item><title>Elan considered buying Royalty before becoming its target</title><description>Elan considered buying U.S. investment firm Royalty Pharma last year, six months before Royalty made its approach for the Irish drugmaker...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=b81664e2-1008-4237-90ff-f52fd54fb676&#x26;src=RSS</link><pubDate>Thu, 2 May 2013 12:55:33 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=b81664e2-1008-4237-90ff-f52fd54fb676&#x26;src=RSS</guid></item>
<item><title>Monster Worldwide to buy back shares if sale doesn't go through</title><description>Online recruitment company Monster Worldwide Inc, which has been up for sale for more than a year, said it would buy back shares if a sale did not go through...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=af143ab8-3e7a-49cf-849a-95c7206d40d8&#x26;src=RSS</link><pubDate>Thu, 2 May 2013 11:19:11 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=af143ab8-3e7a-49cf-849a-95c7206d40d8&#x26;src=RSS</guid></item>
<item><title>AU Optronics plans $350mln share offering</title><description>Taiwan's AU Optronics Corp, the world's No.4 LCD maker, plans to sell $350 million of stock to fund the purchase of raw materials and components from overseas, according to a term sheet of the deal seen by Reuters on Thursday...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=cd16143d-7787-4feb-8047-40722bdd8a9c&#x26;src=RSS</link><pubDate>Thu, 2 May 2013 08:54:37 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=cd16143d-7787-4feb-8047-40722bdd8a9c&#x26;src=RSS</guid></item>
<item><title>Taiwan cable firm leans on Soros, Och-Ziff in $1.1 bln Singapore IPO</title><description>Asian Pay Television Trust, backed by funds linked to Australia's Macquarie Group Ltd, plans to raise up to $1.1 billion in a Singapore IPO, betting on investor...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=cd2dbb9e-ab5d-4ce3-9d55-0fddb5dadcd6&#x26;src=RSS</link><pubDate>Thu, 2 May 2013 06:34:51 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=cd2dbb9e-ab5d-4ce3-9d55-0fddb5dadcd6&#x26;src=RSS</guid></item>
<item><title>BBC preps debut capital markets debt issue</title><description>The British Broadcasting Corporation is in discussions with banks to arrange a private placement of debt, marking its first foray into the capital markets, market sources said...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=8b000918-61f3-4649-b755-9dab1e135f85&#x26;src=RSS</link><pubDate>Thu, 2 May 2013 06:11:50 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=8b000918-61f3-4649-b755-9dab1e135f85&#x26;src=RSS</guid></item>
<item><title>Junked Slovenia resumes crucial bond sale</title><description>The Republic of Slovenia has reopened books on the dual-tranche US dollar bond offering it was forced to postpone two days ago, and is now offering a slightly higher yield following a Moody's downgrade earlier this week...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=f68eab0c-5028-4fde-ac67-680ae9b151cd&#x26;src=RSS</link><pubDate>Thu, 2 May 2013 05:09:57 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=f68eab0c-5028-4fde-ac67-680ae9b151cd&#x26;src=RSS</guid></item>
<item><title>Lagardere says ready to buy Vivendi's Canal+ stake</title><description>French media group Lagardere is ready to buy back the 80 percent of Canal+ owned by Vivendi and then float the pay-TV group, Chief Executive Arnaud Lagardere said in a newspaper interview...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=f09fe04b-2e42-499f-a659-c0f9a6777165&#x26;src=RSS</link><pubDate>Thu, 2 May 2013 05:09:13 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=f09fe04b-2e42-499f-a659-c0f9a6777165&#x26;src=RSS</guid></item>
<item><title>Marine Harvest takes $1.7 bln Cermaq bid to shareholders</title><description>Salmon firm Cermaq rejected Marine Harvest's $1.7 billion hostile takeover bid, saying the offer by the world's biggest fish farmer undervalued the company and came with unacceptable conditions...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=ae6e32dc-e756-45a9-bcee-0d518db47cf5&#x26;src=RSS</link><pubDate>Thu, 2 May 2013 00:33:43 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=ae6e32dc-e756-45a9-bcee-0d518db47cf5&#x26;src=RSS</guid></item>
<item><title>Advisory firm recommends Hess shareholders elect new board members</title><description>Proxy advisory firm Glass Lewis told Hess Corp's shareholders late on Tuesday they should vote to elect five new board members nominated by activist hedge fund Elliot Management...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=97993826-12f4-47c6-a56d-159b69dcb7d5&#x26;src=RSS</link><pubDate>Wed, 1 May 2013 23:33:03 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=97993826-12f4-47c6-a56d-159b69dcb7d5&#x26;src=RSS</guid></item>
<item><title>ING U.S. Inc raises $1.3 bln in IPO, less than expected</title><description>Dutch financial services group ING Groep NV's U.S. unit raised $1.3 billion in its initial public offering on Wednesday, less than expected, though the offering...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=e1813ce5-c496-49cf-862b-218dc0e6dabf&#x26;src=RSS</link><pubDate>Wed, 1 May 2013 18:27:50 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=e1813ce5-c496-49cf-862b-218dc0e6dabf&#x26;src=RSS</guid></item>
<item><title>Offering watch: Apple’s record debt offering proceeds will pay dividends and repurchase shares</title><description>
Apple Inc completed a $17 billion bond offering on April 30, the largest corporate bond offering on record...
</description><link>http://currents.westlawbusiness.com//Article.aspx?id=9dcc7a3b-9862-4147-8cbe-b0d51bbae614&#x26;src=RSS</link><pubDate>Wed, 1 May 2013 17:00:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=9dcc7a3b-9862-4147-8cbe-b0d51bbae614&#x26;src=RSS</guid></item>
<item><title>U.S. hedge fund faces uphill battle for change at Tim Hortons</title><description>Highfields Capital, a U.S. hedge fund agitating for change at coffee shop chain Tim Hortons Inc faces a difficult task in trying to persuade long-term institutional investors...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=b30eaf38-8a13-4195-a454-032da433ed59&#x26;src=RSS</link><pubDate>Wed, 1 May 2013 13:03:27 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=b30eaf38-8a13-4195-a454-032da433ed59&#x26;src=RSS</guid></item>
<item><title>Fund set to win stake in Greece's OPAP after higher bid</title><description>Investment fund Emma Delta has met Athens' demand to raise its offer for a stake in gambling monopoly OPAP, sources said, meaning Greece could seal its first big privatisation as early as May 1...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=253edc6e-a173-4f12-87c7-9d8a5385e73a&#x26;src=RSS</link><pubDate>Wed, 1 May 2013 06:00:33 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=253edc6e-a173-4f12-87c7-9d8a5385e73a&#x26;src=RSS</guid></item>
<item><title>Breakingviews: BBVA's hybrid hit is bet on health of Spanish bull</title><description>A bank from the euro zone's debt-challenged periphery has been the first to issue a new breed of loss-absorbing bonds. It is proof that central bank-whipped bondholders, shrugging off the euro crisis, are desperate for yield. A 9 percent coupon looks juicy, but it pays investors less than equity, with no upside...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=a9fff9da-b1e1-46b9-8f78-a7beb7b6d0f6&#x26;src=RSS</link><pubDate>Wed, 1 May 2013 05:03:53 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=a9fff9da-b1e1-46b9-8f78-a7beb7b6d0f6&#x26;src=RSS</guid></item>
<item><title>Kodak expects to exit bankruptcy as soon as July</title><description>Eastman Kodak Co said on Tuesday it expects to emerge from bankruptcy as soon as July as a commercial imaging business under the control of its creditors...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=7b29bca1-6eb5-4a12-8cef-fdb3b67d09ea&#x26;src=RSS</link><pubDate>Tue, 30 Apr 2013 23:21:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=7b29bca1-6eb5-4a12-8cef-fdb3b67d09ea&#x26;src=RSS</guid></item>
<item><title>Investor wants buybacks, spinoffs on Tim Hortons menu</title><description>Canadian coffee-and-doughnut chain Tim Hortons Inc has come under pressure from a large investor to aggressively boost returns through debt-funded share buybacks and a scaling back of U.S. expansion plans, according to documents seen by Reuters and two sources familiar with the matter...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=b5c38ad0-51dc-45ed-9599-29e221a69c3c&#x26;src=RSS</link><pubDate>Tue, 30 Apr 2013 23:04:05 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=b5c38ad0-51dc-45ed-9599-29e221a69c3c&#x26;src=RSS</guid></item>
<item><title>Britain's largest coal miner seeks liquidation</title><description>UK Coal Operations, partly owned by Coalfield Resources, has proposed a voluntary liquidation and the handing over of its remaining mines to a new company, the Financial Times reported, after a fire closed Britain's largest coal mine...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=38e9ade3-d0ff-4a6b-b226-d2c86727855f&#x26;src=RSS</link><pubDate>Tue, 30 Apr 2013 20:51:15 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=38e9ade3-d0ff-4a6b-b226-d2c86727855f&#x26;src=RSS</guid></item>
<item><title>Apple's mega deal pushes US daily high-grade volume to $19.45 bn</title><description>Apple Inc priced the largest non-bank bond deal in history on Tuesday and pushed the day's volume to a whopping USD19.45bn, making it the second busiest day ever...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=683cb871-9d9e-457d-bae7-33b0c7168b8d&#x26;src=RSS</link><pubDate>Tue, 30 Apr 2013 18:17:09 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=683cb871-9d9e-457d-bae7-33b0c7168b8d&#x26;src=RSS</guid></item>
<item><title>Apple wows market with record $17bn bond deal</title><description>Apple Inc wowed the debt markets on Tuesday with the largest non-bank bond deal in history, offering a whopping $17 billion for sale as the U.S. computer...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=49539292-37e7-4a25-83a9-0b5bdb08879f&#x26;src=RSS</link><pubDate>Tue, 30 Apr 2013 14:39:30 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=49539292-37e7-4a25-83a9-0b5bdb08879f&#x26;src=RSS</guid></item>
<item><title>Portugal Telecom sells bonds as sentiment improves</title><description>Portugal Telecom placed one billion euros in seven-year bonds on Tuesday in the largest debt issue by a Portuguese company since the country's 2011 bailout... </description><link>http://currents.westlawbusiness.com//Article.aspx?id=96f01f56-bbc4-4765-bab8-469a5b78e5be&#x26;src=RSS</link><pubDate>Tue, 30 Apr 2013 14:05:37 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=96f01f56-bbc4-4765-bab8-469a5b78e5be&#x26;src=RSS</guid></item>
<item><title>Breakingviews: Apple, Fed and IRS conspire to set debt records</title><description>Apple is breaking new ground again – but this time in finance. The iPhone and iPad maker launched a giant bond issue on Tuesday and may borrow...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=b735c6d1-ec44-4d32-90b8-f82c19f62304&#x26;src=RSS</link><pubDate>Tue, 30 Apr 2013 12:14:36 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=b735c6d1-ec44-4d32-90b8-f82c19f62304&#x26;src=RSS</guid></item>
<item><title>China shale beckons for Green Dragon Gas engineering spin-off</title><description>Green Dragon Gas, a China-based gas firm, is spinning off its engineering business into a new company that it believes is well-placed to benefit from Beijing's push to exploit its shale gas reserves...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=6eef23b1-57df-4426-b3e4-6ddf93fffc39&#x26;src=RSS</link><pubDate>Tue, 30 Apr 2013 12:12:13 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=6eef23b1-57df-4426-b3e4-6ddf93fffc39&#x26;src=RSS</guid></item>
<item><title>GE settles crisis-era shareholder lawsuit for $40 mln</title><description>General Electric Co agreed to pay $40 million to settle a shareholder lawsuit accusing the conglomerate of misleading investors about...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=a9669ece-5075-4cb6-8349-050a700cf129&#x26;src=RSS</link><pubDate>Tue, 30 Apr 2013 10:18:02 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=a9669ece-5075-4cb6-8349-050a700cf129&#x26;src=RSS</guid></item>
<item><title>UK's Osborne urges BoE bank regulators to focus on recovery</title><description>A new Bank of England body to regulate Britain's financial system should ensure it does not impede an economic recovery while it works for longer-term stability, finance minister George Osborne said on Tuesday...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=21146263-9f1f-4fb5-84f2-8bda755621b6&#x26;src=RSS</link><pubDate>Tue, 30 Apr 2013 08:35:36 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=21146263-9f1f-4fb5-84f2-8bda755621b6&#x26;src=RSS</guid></item>
<item><title>Eurobank first to fall under state control in Greek bailout</title><description>Greece's fourth-biggest lender Eurobank won approval on Tuesday from its main shareholder National Bank  for a capital injection that makes it the first major Greek bank to fall under state control as a result of the debt crisis...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=4cdda442-3d91-430d-b9d0-f9e0ab27a39c&#x26;src=RSS</link><pubDate>Tue, 30 Apr 2013 07:56:42 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=4cdda442-3d91-430d-b9d0-f9e0ab27a39c&#x26;src=RSS</guid></item>
<item><title>BBVA's complicated Tier 1 structure fails to deter investors</title><description>BBVA's inaugural Additional Tier 1 bond got off to a strong start on Tuesday as investors piled into the new deal despite a complicated structure that has drawn criticism from market observers...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=49c60353-af5f-4585-9b76-9d2d9d4f0490&#x26;src=RSS</link><pubDate>Tue, 30 Apr 2013 07:40:17 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=49c60353-af5f-4585-9b76-9d2d9d4f0490&#x26;src=RSS</guid></item>
<item><title>SolarWorld to swap equity for debt in restructuring</title><description>Germany's SolarWorld said it reached a preliminary deal on restructuring its 1.2 billion euros ($1.6 billion) debt load, including a debt-to-equity swap that would hand its creditors most of the ailing solar group...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=63a38dba-bd5c-491c-87c3-373df35cb92a&#x26;src=RSS</link><pubDate>Tue, 30 Apr 2013 07:05:23 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=63a38dba-bd5c-491c-87c3-373df35cb92a&#x26;src=RSS</guid></item>
<item><title>Slovenia taps bond market to avoid bailout</title><description>Slovenia will sell two dollar bonds on Tuesday to raise cash to help it bail out its ailing state-owned banks, cover its budget deficit until next year and avoid joining the euro zone's bailout queue...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=9956a5c0-3ef6-403c-9adc-a27fd417ed01&#x26;src=RSS</link><pubDate>Tue, 30 Apr 2013 06:42:58 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=9956a5c0-3ef6-403c-9adc-a27fd417ed01&#x26;src=RSS</guid></item>
<item><title>Investcorp sells Armacell for over 500 mln euros</title><description>Bahrain-based private equity firm Investcorp has agreed a sale of its German insulation firm Armacell  to Charterhouse Capital Partners for over 500 million...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=c527466c-d7f2-4651-8962-22bb4223b058&#x26;src=RSS</link><pubDate>Tue, 30 Apr 2013 06:19:38 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=c527466c-d7f2-4651-8962-22bb4223b058&#x26;src=RSS</guid></item>
<item><title>Russia's Surgut discloses $29 bln cash hoard</title><description>Russia's third-biggest oil firm Surgutneftegas revealed a $29 billion cash pile, as it reported annual results to International Financial Reporting Standards for the first time in more than 10 years...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=735ccf2a-31d8-4ce0-9e09-2678895e15f3&#x26;src=RSS</link><pubDate>Tue, 30 Apr 2013 03:43:10 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=735ccf2a-31d8-4ce0-9e09-2678895e15f3&#x26;src=RSS</guid></item>
<item><title>Unilever offers $5.4 bln to raise stake in Indian unit</title><description>Anglo-Dutch consumer goods giant Unilever Plc offered to pay as much as $5.4 billion to raise its stake in its Indian unit, banking on fast-growing spending power in Asia's third-largest economy...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=9a7424d5-1881-4720-9b92-02e36d6b345c&#x26;src=RSS</link><pubDate>Tue, 30 Apr 2013 03:02:58 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=9a7424d5-1881-4720-9b92-02e36d6b345c&#x26;src=RSS</guid></item>
<item><title>Deutsche Bank: capital measures enough to cover regulatory need</title><description>Deutsche Bank co-Chief Executive Anshu Jain said the capital measures announced on Monday would be sufficient to help Germany's flagship lender meet stricter bank safety rules, although some of these rules are not yet finalised...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=3d6c50fb-1429-4157-89fd-0f4b5882bcb4&#x26;src=RSS</link><pubDate>Tue, 30 Apr 2013 02:53:08 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=3d6c50fb-1429-4157-89fd-0f4b5882bcb4&#x26;src=RSS</guid></item>
<item><title>Telefonica sells Central American assets for $500 mln</title><description>Spain's Telefonica has signed a deal to sell 40 percent of its assets in four Central American countries to Corporacion Multi Inversiones (CMI) for $500 million, as part of its drive to cut debt...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=33ac08f7-5652-4cb7-a2b3-b40a5f80c3dc&#x26;src=RSS</link><pubDate>Tue, 30 Apr 2013 02:49:16 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=33ac08f7-5652-4cb7-a2b3-b40a5f80c3dc&#x26;src=RSS</guid></item>
<item><title>Best Buy plans to exit Europe by selling stake to Carphone</title><description>U.S. retailer Best Buy Co Inc is selling its 50 percent stake in a joint venture with Europe's biggest independent mobile phone retailer Carphone Warehouse Group PLC back to its European partner for about 500 million pounds (or $775 million)...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=dcd0a814-cf93-4167-b983-52252b13bb73&#x26;src=RSS</link><pubDate>Tue, 30 Apr 2013 02:00:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=dcd0a814-cf93-4167-b983-52252b13bb73&#x26;src=RSS</guid></item>
<item><title>Singapore bets on Glencore shares with $250 mln swap</title><description>Singaporean sovereign wealth fund GIC is seeking to swap a $250 million portion of its holding in Glencore International Plc convertible bonds into shares in the company...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=d97afa57-7c3d-4c3a-9e24-74908ae1bb3a&#x26;src=RSS</link><pubDate>Mon, 29 Apr 2013 15:06:04 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=d97afa57-7c3d-4c3a-9e24-74908ae1bb3a&#x26;src=RSS</guid></item>
<item><title>KKR steps into bank lending vacuum with Spanish deal</title><description>The U.S. private equity giant Kohlberg Kravis Roberts has agreed to lend the Spanish construction materials firm Uralita 320 million euros after banks refused to loan it any more cash...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=a49898bc-4885-41a4-a234-9e8119a65ac5&#x26;src=RSS</link><pubDate>Mon, 29 Apr 2013 11:42:30 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=a49898bc-4885-41a4-a234-9e8119a65ac5&#x26;src=RSS</guid></item>
<item><title>Apple lays groundwork for first debt sale ever</title><description>Apple took initial steps Monday for what would be its first debt sale ever, as the US computer giant lays the groundwork for what would be one of the most anticipated bond sales of the year...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=c77d4bab-8cfd-490c-8919-83c3101d4a1d&#x26;src=RSS</link><pubDate>Mon, 29 Apr 2013 10:05:32 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=c77d4bab-8cfd-490c-8919-83c3101d4a1d&#x26;src=RSS</guid></item>
<item><title>Broadcaster CME seeks $400 mln to cut debt as ad revenues plunge</title><description>Loss-making broadcaster Central European Media Enterprises (CME) plans to raise around $400 million gross, mostly from top shareholder Time Warner, to cut debt amid plunging advertising revenues...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=ecc9b467-b4c0-4dc0-83da-fad9199ddffc&#x26;src=RSS</link><pubDate>Mon, 29 Apr 2013 08:11:52 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=ecc9b467-b4c0-4dc0-83da-fad9199ddffc&#x26;src=RSS</guid></item>
<item><title>Russia's VTB wins sovereign backing for $3.3 bln share issue</title><description>Russia's second-largest bank VTB said on Monday investors have subscribed for the entirely of its 102.5 billion rouble ($3.3 billion) share offering...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=0249cd77-4cb4-4d6b-ab5b-5406b1a5d4cc&#x26;src=RSS</link><pubDate>Mon, 29 Apr 2013 07:19:27 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=0249cd77-4cb4-4d6b-ab5b-5406b1a5d4cc&#x26;src=RSS</guid></item>
<item><title>IPO flurry to give investors pick of new UK banks</title><description>Investors will have their pick of British banks in the next couple of years with up to five lenders looking to float on the stock market, offering a potentially lucrative...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=3107b968-203f-4a95-8857-31fb09abd9a1&#x26;src=RSS</link><pubDate>Sun, 28 Apr 2013 19:01:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=3107b968-203f-4a95-8857-31fb09abd9a1&#x26;src=RSS</guid></item>
<item><title>IPO watch: Qiwi registration statement discloses Cyprus-related risks</title><description>
Russian online instant-payment operator Qiwi Plc filed a registration statement with the SEC in connection with its $240.4 million initial public offering…
</description><link>http://currents.westlawbusiness.com//Article.aspx?id=da6cbf11-f198-4881-a1ec-d10704bfa480&#x26;src=RSS</link><pubDate>Fri, 26 Apr 2013 16:30:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=da6cbf11-f198-4881-a1ec-d10704bfa480&#x26;src=RSS</guid></item>
<item><title>Greece's OTE sells Bulgarian unit to Telenor to cut debt</title><description>Greek telecoms company OTE struck a deal on Friday to sell its Bulgarian unit to Norway's Telenor and will use the proceeds to reduce its debt and fight for clients in its recession-hit home market...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=c03f1f3f-4253-4bdf-afde-72742a8358a1&#x26;src=RSS</link><pubDate>Fri, 26 Apr 2013 15:31:58 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=c03f1f3f-4253-4bdf-afde-72742a8358a1&#x26;src=RSS</guid></item>
<item><title>Russia's VTB approves terms of $3.3 bln share sale</title><description>Russia's second-largest bank VTB is pushing ahead with a 103 billion rouble ($3.3 billion) share sale in the coming weeks to bolster its capital, even as...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=8e841a97-cfd5-4e66-8396-5f74a6470f4f&#x26;src=RSS</link><pubDate>Fri, 26 Apr 2013 11:55:52 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=8e841a97-cfd5-4e66-8396-5f74a6470f4f&#x26;src=RSS</guid></item>
<item><title>Credit Suisse shareholders back pay plan</title><description>Credit Suisse investors backed a plan to issue new shares to pay staff bonuses after more than two hours of criticism from individual shareholders angered by high pay for executives at the bank...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=9d9a529e-9cc8-45d6-a73c-af6078c04751&#x26;src=RSS</link><pubDate>Fri, 26 Apr 2013 08:53:13 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=9d9a529e-9cc8-45d6-a73c-af6078c04751&#x26;src=RSS</guid></item>
<item><title>Offering watch: CARs and PARs program replenished</title><description>
The investment banking arms of Canada’s Big Six banks have filed a base shelf prospectus to renew the CARS and PARS program for retail investors…
</description><link>http://currents.westlawbusiness.com//Article.aspx?id=59d98ab4-183b-499c-9969-172d02bcc765&#x26;src=RSS</link><pubDate>Fri, 26 Apr 2013 07:00:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=59d98ab4-183b-499c-9969-172d02bcc765&#x26;src=RSS</guid></item>
<item><title>Capita rises on government joint venture</title><description>Shares in Capita rise 1.5 percent in early trade after it says it its joint venture with the British government to sell management training tools developed by civil servants will generate 120 million pounds in revenue a year after ten years...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=d32dd929-e381-4bda-b810-651eed65fa2d&#x26;src=RSS</link><pubDate>Fri, 26 Apr 2013 03:57:53 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=d32dd929-e381-4bda-b810-651eed65fa2d&#x26;src=RSS</guid></item>
<item><title>Turkey's Pegasus Airlines rises on $1 bln market debut</title><description>Shares in Turkish low-cost carrier Pegasus Airlines rose on their stock market debut on Friday, valuing it at more than $1 billion in a listing closely watched by peers also considering flotations...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=614001e7-6c2f-44e1-9e4b-15c43a9c8ae8&#x26;src=RSS</link><pubDate>Fri, 26 Apr 2013 03:25:40 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=614001e7-6c2f-44e1-9e4b-15c43a9c8ae8&#x26;src=RSS</guid></item>
<item><title>Independent News secures debt deal, plans rights issue</title><description>Ireland's Independent News &amp;#x26; Media has struck a deal to cuts its debt by two thirds, its second restructuring in four years that will see its lenders take...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=de7cee2c-8b83-4f37-94c4-d5372897a91d&#x26;src=RSS</link><pubDate>Fri, 26 Apr 2013 03:18:32 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=de7cee2c-8b83-4f37-94c4-d5372897a91d&#x26;src=RSS</guid></item>
<item><title>IPO watch: ING Group spins off U.S. insurance business in billion-dollar offering</title><description>
Dutch financial services group ING Group NV filed a preliminary prospectus with the SEC in connection with a $1.54 billion…
</description><link>http://currents.westlawbusiness.com//Article.aspx?id=0083c588-5714-4922-bf8a-4a3bd142e99b&#x26;src=RSS</link><pubDate>Thu, 25 Apr 2013 23:30:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=0083c588-5714-4922-bf8a-4a3bd142e99b&#x26;src=RSS</guid></item>
<item><title>Continental Grain heads toward Smithfield proxy fight</title><description>Continental Grain Co, a large shareholder in Smithfield Foods Inc, moved toward a proxy fight with the meat company on Thursday, saying it will...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=49bca0e3-b746-4147-8bb3-89086ee4f780&#x26;src=RSS</link><pubDate>Thu, 25 Apr 2013 12:41:03 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=49bca0e3-b746-4147-8bb3-89086ee4f780&#x26;src=RSS</guid></item>
<item><title>Acquisition finance watch: Pure Industrial finances a $359 million portfolio acquisition</title><description>
Pure Industrial REIT has filed a preliminary short-form prospectus in connection with a bought deal offering of $160 million in…
</description><link>http://currents.westlawbusiness.com//Article.aspx?id=00e33e6c-f267-4089-b5a1-49d808a84010&#x26;src=RSS</link><pubDate>Thu, 25 Apr 2013 12:00:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=00e33e6c-f267-4089-b5a1-49d808a84010&#x26;src=RSS</guid></item>
<item><title>Friendly mergers, hostile deals and IPOs – low interest rates fuel REIT transactions</title><description>From friendly acquisitions to hostile tender offers and initial public offerings, real estate investment trusts (REITs) have been showing…</description><link>http://currents.westlawbusiness.com//Article.aspx?id=d6dde508-ffd3-461f-aca8-53b131f890b0&#x26;src=RSS</link><pubDate>Thu, 25 Apr 2013 11:00:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=d6dde508-ffd3-461f-aca8-53b131f890b0&#x26;src=RSS</guid></item>
<item><title>German firms eye investment in crisis-battered euro states</title><description>German companies are setting their sights on southern Europe as fears of a euro zone breakup fade and economic reforms transform the crisis-battered region into an attractive place to invest once again...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=e7b3b13b-897e-40e5-9678-1043278849d6&#x26;src=RSS</link><pubDate>Thu, 25 Apr 2013 04:49:40 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=e7b3b13b-897e-40e5-9678-1043278849d6&#x26;src=RSS</guid></item>
<item><title>KPN launches 3 bln euro share issue at 35 pct discount</title><description>KPN launched a 3 billion euros ($3.90 billion) rights issue at a 35 percent discount on Thursday to help the debt-laden telecoms firm fight tough competition and recover from a costly frequency auction...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=ad38f960-1a01-4c5b-87b6-32e6a851951c&#x26;src=RSS</link><pubDate>Thu, 25 Apr 2013 03:14:03 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=ad38f960-1a01-4c5b-87b6-32e6a851951c&#x26;src=RSS</guid></item>
<item><title>Croesus bets on Japan growth, REIT demand with $292 mln Singapore IPO</title><description>Japan-focused Croesus Retail Trust (CRT) launched a $292 million Singapore IPO on Thursday, looking to benefit from demand for high-yield securities...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=ff42771d-54cf-4e36-9f90-673f9a7d8dcb&#x26;src=RSS</link><pubDate>Thu, 25 Apr 2013 01:31:27 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=ff42771d-54cf-4e36-9f90-673f9a7d8dcb&#x26;src=RSS</guid></item>
<item><title>Why Alibaba could be China's next $100bln IPO</title><description>Could Alibaba be China's next $100 billion stock market listing? The Hangzhou-based e-commerce giant continues to be coy over when it will take the plunge. But sooner or later founder Jack Ma will need to offer some kind of exit for his backers, not to mention employees, and an initial public offering...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=338f748e-9395-490e-8083-ee51f31600e4&#x26;src=RSS</link><pubDate>Thu, 25 Apr 2013 00:17:41 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=338f748e-9395-490e-8083-ee51f31600e4&#x26;src=RSS</guid></item>
<item><title>GE shareholders reject proposal to split chair, CEO roles</title><description>General Electric Co shareholders rejected a proposal on Wednesday to split the roles of chairman and chief executive, jobs currently held by Jeff Immelt...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=900fc321-9445-4066-8673-4fec8e1d5840&#x26;src=RSS</link><pubDate>Wed, 24 Apr 2013 14:38:31 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=900fc321-9445-4066-8673-4fec8e1d5840&#x26;src=RSS</guid></item>
<item><title>Lloyds' sale of bank branches to Co-op collapses</title><description>The planned sale of 630 UK bank branches by Lloyds Banking Group to the Co-Operative Group has fallen through, leaving state-backed Lloyds to pursue a flotation of the business...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=3252b439-4d5f-4a4f-b515-49e44f5ca186&#x26;src=RSS</link><pubDate>Wed, 24 Apr 2013 02:30:11 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=3252b439-4d5f-4a4f-b515-49e44f5ca186&#x26;src=RSS</guid></item>
<item><title>Nasdaq may set aside $10 million to settle probe on Facebook IPO</title><description>Nasdaq OMX Group Inc is planning to set aside $10 million in anticipation of settling a probe over its botched handling of Facebook Inc's initial public offering last year, the Wall Street Journal reported, citing people familiar with Nasdaq internal discussions...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=040bc568-6f4c-4369-b8ca-7394a2ce18d5&#x26;src=RSS</link><pubDate>Wed, 24 Apr 2013 01:01:39 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=040bc568-6f4c-4369-b8ca-7394a2ce18d5&#x26;src=RSS</guid></item>
<item><title>Accor ousts CEO to speed up strategy</title><description>The fate of Accor Chief Executive Dennis Hennequin, beset by growing criticism over his ability to turn around Europe's largest hotel group...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=3024c5b1-9906-4369-823a-b33972e5789e&#x26;src=RSS</link><pubDate>Tue, 23 Apr 2013 16:17:36 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=3024c5b1-9906-4369-823a-b33972e5789e&#x26;src=RSS</guid></item>
<item><title>Debt-laden Caesars carves out assets to raise money</title><description>Heavily indebted casino operator Caesars Entertainment Corp said it would split itself into two companies, with private-equity firms Apollo Management LP...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=efc3adc4-667d-432a-abda-a05323d2790e&#x26;src=RSS</link><pubDate>Tue, 23 Apr 2013 14:14:47 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=efc3adc4-667d-432a-abda-a05323d2790e&#x26;src=RSS</guid></item>
<item><title>Sechin tells TNK-BP investors Rosneft no "charity fund"</title><description>The head of Rosneft said he would cooperate with minority shareholders in TNK-BP Holding but warned Russia's top oil producer was not a "charity fund"...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=c851b6b4-fdf4-44d0-b006-d70f7897e765&#x26;src=RSS</link><pubDate>Tue, 23 Apr 2013 09:09:47 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=c851b6b4-fdf4-44d0-b006-d70f7897e765&#x26;src=RSS</guid></item>
<item><title>IPO watch: Votorantim announces 2013’s largest U.S. offering</title><description>
Brazil-based Votorantim Cimentos SA filed a registration statement on Form F-1 with the SEC announcing its plans to raise $5.4 billion in an initial public offering…
</description><link>http://currents.westlawbusiness.com//Article.aspx?id=ce73c8a0-16b1-4f83-8e6e-58917863a7de&#x26;src=RSS</link><pubDate>Tue, 23 Apr 2013 07:00:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=ce73c8a0-16b1-4f83-8e6e-58917863a7de&#x26;src=RSS</guid></item>
<item><title>U.S. SEC looks to ease rules for launching ETFs</title><description>The U.S. Securities and Exchange Commission may revive a proposal that would make it easier and cheaper to launch certain kinds of exchange-traded funds...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=7d8af10f-452d-4718-9f76-b460b7710576&#x26;src=RSS</link><pubDate>Tue, 23 Apr 2013 07:00:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=7d8af10f-452d-4718-9f76-b460b7710576&#x26;src=RSS</guid></item>
<item><title>Piraeus shareholders back plan to keep bank private</title><description>Piraeus Bank, Greece's second-largest lender, got shareholders' approval on Tuesday for a 7.33 billion-euro ($9.55 billion) share issue, confident it will meet the required...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=de449fc7-577e-4ace-9511-ddb312216340&#x26;src=RSS</link><pubDate>Tue, 23 Apr 2013 06:51:13 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=de449fc7-577e-4ace-9511-ddb312216340&#x26;src=RSS</guid></item>
<item><title>Teck plays down M&#x26;A moves as profit hit by coal price</title><description>Teck Resources Ltd reported a sharp fall in quarterly adjusted profit on Tuesday as sagging prices for coal and copper hurt Canada's largest diversified miner...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=34732cf4-df15-4eb3-a28e-b4e73c6508cb&#x26;src=RSS</link><pubDate>Tue, 23 Apr 2013 06:29:44 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=34732cf4-df15-4eb3-a28e-b4e73c6508cb&#x26;src=RSS</guid></item>
<item><title>Breakingviews: Turkish IPO market faces key test in Pegasus sale</title><description>Turkish IPOs could ride in the slipstream of Pegasus Airlines. The long-awaited initial public offering of the fast-growing low-cost carrier is the largest the country's lumpy new-issues market has seen for two years. Success could encourage more large firms to list and help the...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=0feeb456-f89d-4954-98fd-3dedd8b745e3&#x26;src=RSS</link><pubDate>Tue, 23 Apr 2013 01:26:09 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=0feeb456-f89d-4954-98fd-3dedd8b745e3&#x26;src=RSS</guid></item>
<item><title>ValueAct takes $2 bln Microsoft stake</title><description>Activist investor ValueAct Capital has taken a $2 billion stake in Microsoft Corp, CNBC reported on Monday, and Microsoft shares leapt to their highest point in seven months...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=b9d6c3cf-d26f-4036-9e69-6b4cef329d4f&#x26;src=RSS</link><pubDate>Mon, 22 Apr 2013 17:00:09 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=b9d6c3cf-d26f-4036-9e69-6b4cef329d4f&#x26;src=RSS</guid></item>
<item><title>Consortium raises offer for China's 3SBio</title><description>3SBio Inc said a consortium comprising its Chief Executive Jing Lou and CITIC Private Equity has raised its offer for the Chinese biotechnology company...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=dd3a06f5-a995-4f2d-b740-6db27ea6100a&#x26;src=RSS</link><pubDate>Mon, 22 Apr 2013 15:55:27 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=dd3a06f5-a995-4f2d-b740-6db27ea6100a&#x26;src=RSS</guid></item>
<item><title>U.S. industrial IPOs increase as investors bet on economy, housing</title><description>Investors looking to take advantage of the recovering U.S. housing market have flocked to large public offerings from industrial companies despite...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=9d32943a-80d9-4529-bfef-6f2a0ecb400d&#x26;src=RSS</link><pubDate>Mon, 22 Apr 2013 12:15:18 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=9d32943a-80d9-4529-bfef-6f2a0ecb400d&#x26;src=RSS</guid></item>
<item><title>Allstate returns to cat bond market with $250 mln issue</title><description>Allstate, the largest publicly traded U.S home and auto insurer, has returned to the catastrophe bond market with a $250 million offering...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=e937ea77-a15a-4121-92b6-ceaa31e07726&#x26;src=RSS</link><pubDate>Mon, 22 Apr 2013 09:00:06 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=e937ea77-a15a-4121-92b6-ceaa31e07726&#x26;src=RSS</guid></item>
<item><title>Qatar's QNB plans to sell at least $500 mln of 7-yr bond</title><description>Qatar National Bank, the Gulf state's largest lender, plans to issue a seven-year bond of at least $500 million in a swift one-day deal to take advantage of...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=dc61450a-77c1-4f83-8586-24b6b8ef5b00&#x26;src=RSS</link><pubDate>Mon, 22 Apr 2013 08:30:18 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=dc61450a-77c1-4f83-8586-24b6b8ef5b00&#x26;src=RSS</guid></item>
<item><title>Elan rejects Royalty bid as grossly undervaluing its prospects</title><description>Irish drugmaker Elanrejected a reduced $11.25 per share bid from Royalty Pharma, putting the ball back in the U.S. investment company's court in an increasingly convoluted takeover saga...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=6bd7dc01-0b3f-4981-8621-ad843a1bb3c4&#x26;src=RSS</link><pubDate>Mon, 22 Apr 2013 05:05:51 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=6bd7dc01-0b3f-4981-8621-ad843a1bb3c4&#x26;src=RSS</guid></item>
<item><title>Gambling firm Betfair rejects CVC-led takeover bid</title><description>Online gambling company Betfair on Monday said it had rejected a $1.4 billion takeover offer from private equity firm CVC Capital Partners and other investors...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=c468488f-ec2b-486a-82e2-289cd7add509&#x26;src=RSS</link><pubDate>Mon, 22 Apr 2013 02:38:31 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=c468488f-ec2b-486a-82e2-289cd7add509&#x26;src=RSS</guid></item>
<item><title>Credit Suisse's Crossfinder dark pool gets darker</title><description>Credit Suisse AG has stopped voluntarily disclosing the amount of trading volume on its Crossfinder platform, the world's largest dark pool, highlighting the debate over...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=2b23251f-adf0-4093-aa92-7e4d89af023c&#x26;src=RSS</link><pubDate>Fri, 19 Apr 2013 16:47:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=2b23251f-adf0-4093-aa92-7e4d89af023c&#x26;src=RSS</guid></item>
<item><title>Pension funds question Barrick pay deal as pressure builds</title><description>Barrick Gold Corp, already under pressure from setbacks at its largest development project and a slump in the price of gold, now faces a shareholder revolt...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=3c494b0e-29dc-49e5-8220-630c8174fee3&#x26;src=RSS</link><pubDate>Fri, 19 Apr 2013 14:00:35 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=3c494b0e-29dc-49e5-8220-630c8174fee3&#x26;src=RSS</guid></item>
<item><title>Dell shares at two-month low after Blackstone pulls out</title><description>Dell Inc shares slid to a two-month low on Friday after private equity firm Blackstone Group LP withdrew its buyout bid, blaming a crumbling PC market...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=c336da86-16c1-4866-8938-e4a50e8bc150&#x26;src=RSS</link><pubDate>Fri, 19 Apr 2013 13:48:53 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=c336da86-16c1-4866-8938-e4a50e8bc150&#x26;src=RSS</guid></item>
<item><title>Piraeus gets go-ahead to buy Millennium BCP's Greek unit-bankers</title><description>Greece's second-largest lender Piraeus Bank has got a green light from the country's bank rescue fund to acquire Portuguese bank Millennium BCP's...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=fb78b8fd-2933-4f1e-a448-e86cef5a8b26&#x26;src=RSS</link><pubDate>Fri, 19 Apr 2013 13:31:08 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=fb78b8fd-2933-4f1e-a448-e86cef5a8b26&#x26;src=RSS</guid></item>
<item><title>Ista buyout backed by loan, bond package</title><description>A debt financing of more than 2 billion euros ($2.62 billion) backing the 3.1 billion euro ($4.06 billion) purchase of German metering firm Ista by private equity...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=5dd2ce02-943b-4f6f-b243-1fc282212d87&#x26;src=RSS</link><pubDate>Fri, 19 Apr 2013 13:12:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=5dd2ce02-943b-4f6f-b243-1fc282212d87&#x26;src=RSS</guid></item>
<item><title>Nasdaq IPO to value Russia's QIWI at up to $936 mln</title><description>Russian payment transfer company QIWI said on Friday its shareholders would raise as much as $216 million from a Nasdaq flotation that will value the company...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=43414ec6-233d-4b88-bcc6-6c4b8958b704&#x26;src=RSS</link><pubDate>Fri, 19 Apr 2013 12:52:31 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=43414ec6-233d-4b88-bcc6-6c4b8958b704&#x26;src=RSS</guid></item>
<item><title>IPO watch: Fairway Group completes offering</title><description>
Fairway Group Holdings Corp completed its $177.45 million IPO on April 18. The company filed its final prospectus with SEC disclosing...
</description><link>http://currents.westlawbusiness.com//Article.aspx?id=4c1fe78a-5717-49db-a548-e2e4f559b8dd&#x26;src=RSS</link><pubDate>Fri, 19 Apr 2013 11:00:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=4c1fe78a-5717-49db-a548-e2e4f559b8dd&#x26;src=RSS</guid></item>
<item><title>Barclays convertible hybrid plans get off to shaky start</title><description>Barclays' ambition to spearhead the development of CoCos, this time with Tier 1 convertible hybrids, could be its toughest challenge yet as the bank faces...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=a42d1693-a416-41da-9915-c43336df08fe&#x26;src=RSS</link><pubDate>Fri, 19 Apr 2013 09:06:28 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=a42d1693-a416-41da-9915-c43336df08fe&#x26;src=RSS</guid></item>
<item><title>KPMG to buy corporate advisory firm Makinson Cowell</title><description>KPMG is to buy London-based corporate advisory firm Makinson Cowell to tap into growing demand from companies wanting to know how they are viewed by shareholders and creditors...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=70564a07-ab6c-46df-945b-5525a0347a45&#x26;src=RSS</link><pubDate>Fri, 19 Apr 2013 08:31:10 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=70564a07-ab6c-46df-945b-5525a0347a45&#x26;src=RSS</guid></item>
<item><title>Corporate governance watch: Credit Suisse spars with proxy adviser over employee compensation</title><description>Pay packages in Switzerland continue to attract hot debate as Credit Suisse clashes with U.S. proxy adviser ISS over plans to issue more than…</description><link>http://currents.westlawbusiness.com//Article.aspx?id=1ce438db-8e12-4038-82a8-831d820dc13b&#x26;src=RSS</link><pubDate>Fri, 19 Apr 2013 07:00:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=1ce438db-8e12-4038-82a8-831d820dc13b&#x26;src=RSS</guid></item>
<item><title>Strong debut of record Thai IPO bodes well for Southeast Asia</title><description>Southeast Asia's red-hot stock markets could see a spurt of listings this year after Thailand's record IPO rose more than a fifth on its trading debut, far outpacing gains in the broader market and the rest of the region...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=51056f93-a09e-4bad-a05c-adc472edc21a&#x26;src=RSS</link><pubDate>Fri, 19 Apr 2013 03:18:05 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=51056f93-a09e-4bad-a05c-adc472edc21a&#x26;src=RSS</guid></item>
<item><title>San Miguel raises $800 mln in Philippines' largest corporate bond issue</title><description>San Miguel Corp, the Philippines' most diversified conglomerate, has raised $800 million via a 10-year bond issue, the largest ever dollar-denominated overseas...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=512cd771-ce27-42de-91b3-792f882eeb07&#x26;src=RSS</link><pubDate>Fri, 19 Apr 2013 00:16:45 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=512cd771-ce27-42de-91b3-792f882eeb07&#x26;src=RSS</guid></item>
<item><title>Blackstone-backed SeaWorld raises $702 mln in IPO</title><description>Blackstone Group LP's SeaWorld Entertainment Inc, best known for its performing killer whale Shamu, raised $702 million in an initial public offering on Thursday, according to an underwriting source....</description><link>http://currents.westlawbusiness.com//Article.aspx?id=e1ddf100-658b-43b3-90d7-5d0567fe6104&#x26;src=RSS</link><pubDate>Thu, 18 Apr 2013 23:05:33 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=e1ddf100-658b-43b3-90d7-5d0567fe6104&#x26;src=RSS</guid></item>
<item><title>Regulation watch: NYSE’s proposed rule change could simplify voting standards, proxy disclosures</title><description>
The New York Stock Exchange recently filed a proposed rule change with the SEC regarding voting requirements under the NYSE Listed Company Manual. 
</description><link>http://currents.westlawbusiness.com//Article.aspx?id=9a044bc5-dcc7-4795-82ab-8065e44302a1&#x26;src=RSS</link><pubDate>Thu, 18 Apr 2013 15:30:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=9a044bc5-dcc7-4795-82ab-8065e44302a1&#x26;src=RSS</guid></item>
<item><title>IPO watch: HD Supply’s $1 bln offering highlights emerging trends</title><description>
Georgia-based HD Supply Holdings Inc filed a registration statement with the SEC to commence a $1 billion initial public offering on April 12, 2013….
</description><link>http://currents.westlawbusiness.com//Article.aspx?id=e5989a80-9983-45b9-be21-63cfd9689299&#x26;src=RSS</link><pubDate>Thu, 18 Apr 2013 14:00:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=e5989a80-9983-45b9-be21-63cfd9689299&#x26;src=RSS</guid></item>
<item><title>BofA CEO, ex-CEO must face mortgage disclosures lawsuit</title><description>A federal judge has revived a securities fraud lawsuit accusing Bank of America Corp Chief Executive Brian Moynihan, his predecessor Kenneth Lewis, and others of misleading shareholders about the risk the bank might have to buy back large amounts of soured mortgages.</description><link>http://currents.westlawbusiness.com//Article.aspx?id=3c2f8a95-4402-43c0-adc5-5d45b5e9536b&#x26;src=RSS</link><pubDate>Wed, 17 Apr 2013 18:50:53 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=3c2f8a95-4402-43c0-adc5-5d45b5e9536b&#x26;src=RSS</guid></item>
<item><title>Breakingviews: Crackdowns only make M&#x26;A leaks more tempting</title><description>Cracking down on M&amp;#x26;A leaks may only make them more tempting. Merger practitioners say fresh research showing that news is trickling out less often about companies...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=31d83012-b8d2-400f-b6dd-14f73a402e1c&#x26;src=RSS</link><pubDate>Wed, 17 Apr 2013 16:14:33 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=31d83012-b8d2-400f-b6dd-14f73a402e1c&#x26;src=RSS</guid></item>
<item><title>M&#x26;A watch: Leisureworld acquires a property portfolio</title><description>
Leisureworld Senior Care Corp has agreed to acquire a portfolio of 10 properties from Specialty Care and several other parties for …
</description><link>http://currents.westlawbusiness.com//Article.aspx?id=7ce6d21c-09c5-47f2-83f5-06874f749269&#x26;src=RSS</link><pubDate>Wed, 17 Apr 2013 08:00:00 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=7ce6d21c-09c5-47f2-83f5-06874f749269&#x26;src=RSS</guid></item>
<item><title>Cypriot finance minister sees gold sale within months</title><description>Cyprus's finance minister said on Wednesday he anticipated the island nation to sell part of its gold reserves "during the next months", but the final decision rested with the central bank...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=8004b22d-28b2-43a3-ba12-1171d436d071&#x26;src=RSS</link><pubDate>Wed, 17 Apr 2013 05:06:20 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=8004b22d-28b2-43a3-ba12-1171d436d071&#x26;src=RSS</guid></item>
<item><title>Daimler exits EADS with $2.9 bln placement</title><description>Germany's Daimler sold its remaining stake in EADS for about 2.2 billion euros ($2.9 billion), exiting its aerospace activities completely nearly 13 years after it helped to found the Airbus parent company...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=caf82cfc-8fcc-4118-835c-0b8d569ef4f4&#x26;src=RSS</link><pubDate>Wed, 17 Apr 2013 03:47:23 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=caf82cfc-8fcc-4118-835c-0b8d569ef4f4&#x26;src=RSS</guid></item>
<item><title>Slovenia looks to avoid EU bailout with early debt buyback</title><description>Euro zone member Slovenia, struggling to avoid becoming the currency bloc's next bailout case after Cyprus, will attempt an early rollover of debt on Wednesday to calm markets and ease pressure on its finances...</description><link>http://currents.westlawbusiness.com//Article.aspx?id=ddd1c223-3444-42d9-b654-a931a0a0dd6a&#x26;src=RSS</link><pubDate>Wed, 17 Apr 2013 03:28:03 EDT</pubDate><guid isPermaLink="true">http://currents.westlawbusiness.com//Article.aspx?id=ddd1c223-3444-42d9-b654-a931a0a0dd6a&#x26;src=RSS</guid></item>

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