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November 21, 2007 |
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ASHIKAGA BANK: Targeted for JPY310-Billion Buyout An alliance of 21 financial institutions will submit a bid to acquire Ashikaga Bank, Ltd., for JPY310 billion, reports Kyodo News... Read More |
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BHARTI AIRTEL: Fitch Affirms BB+ Long-Term Foreign Currency IDR Fitch Ratings, on Nov. 19, 2007, affirmed Bharti Airtel Limited's Long-term foreign currency issuer default rating at 'BB+'. The Outlook on the rating is Stable... Read More |
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FEDERAL MOGUL: District Court Affirms Chapter 11 Plan The Honorable Joseph H. Rodriguez of the U.S. District Court for the District of Delaware affirmed on November 13, 2007, the order of U.S. Bankruptcy Court Judge Judith Fitzgerald, confirming the Fourth Amended Joint Plan of Reorganization of Federal-Mogul... Read More |
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MIRANT CORP: Buyback Program Cues S&P to Hold 'B+' Rating Standard & Poor's Rating Services affirmed its 'B+' corporate credit rating on Mirant Corp. and its subsidiaries Mirant North America LLC and Mirant Americas Generating LLC, and removed the ratings from CreditWatch with negative implications. Standard... Read More |
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PROTON HOLDINGS: Alliance Talks with Volkswagen and GM Collapse Malaysia's state investment arm Khazanah Nasional Berhad, which controls Proton Holdings Berhad, has discontinued negotiations with Volkswagen AG, Agence France Presse reports... Read More |
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SRI LANKA TELECOM: Fitch Affirms Ratings at 'BB-' Fitch Ratings affirmed Sri Lanka Telecom Plc's Long-term foreign currency Issuer Default Rating at 'BB-' with a Negative Outlook. At the same time, the agency has affirmed SLT's Long-term local currency IDR of 'BB-', as well as its National Long-term... Read More |
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STATS CHIPPAC: Plans to Delist Shares from Nasdaq STATS ChipPAC Ltd. intends to voluntarily delist its American Depositary Shares from the Nasdaq Global Select Market, terminate its American Depositary Receipts program with Citibank, N.A., the depositary for the ADSs, and, if and when it becomes... Read More |
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STENIEL MFG: Unit Files for Rehabilitation Before Cavite Court A subsidiary of Steniel Manufacturing Corp. has filed for corporate rehabilitation with the Regional Trial Court of Imus Cavite.... Read More |
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Today's Top Stories have been selected from the Troubled Company Reporter - Asia Pacific. To receive the Full TCR-AP please CLICK HERE.
