By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Organization of Securities Commissions (IOSCO) Monday said it’s seeking inputs on Code of Conduct Fundamentals for Credit Rating Agencies in order to protect the integrity of the rating process. Apart from this, IOSCO said it intends to ensure that issuers and users of […]
Capital Market
GSK’s $1 billion share tender offer for Indian unit to start February 18
GlaxoSmithKline Plc’s (GSK) (GSK.L) share tender offer worth $1 billion to raise its stake in the Indian unit will start on Feb 18th and end of March 5th, the manager to the offer said in a notice to the exchanges on Monday. GSK plans to raise its stake to as […]
Deutsche Telekom to Pay $1.1 Billion in Czech Unit Buyout
Deutsche Telekom AG (DTE), Germany’s biggest phone company, agreed to fully take over its Czech phone unit from investors including Mid Europa Partners LLP, according to the private-equity firm. The owner of the T-Mobile brand will pay 828 million euros ($1.1 billion) for a remaining stake of 39.2 percent from […]
