Market News in 2 minutes

As stock investors (even though a small one), it is important to keep abreast with the latest financial and market news. Since I am in it, I thought it might be worthwhile to share it out with my readers too.

Hence, I started this “Market News In 2 Minutes” series.

Following are the “Market News In 2 Minutes” for today :
1. Singapore state investor Temasek Holdings is the lead investor in the latest equity raising of US$86 million ($108 million) by Virgin Mobile Latin America to fund expansion in Mexico and Brazil. For more details, click here (source : The Edge)

2. Wilmar International (F34) – together with First Pacific Co. raised their takeover offer for Goodman Fielder to A$1.4 billion ($1.6 billion), and set a deadline of tomorrow for the target’s board to recommend the deal. For more details, click here (source : The Edge)