ViewSonic Scraps IPO Plans - March 10

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Uploaded by on Mar 11, 2008

Monitor maker ViewSonic Corporation has canceled its planned initial public offering. Also, Germany's chemical holding company Altana wants to buy U.S. specialty chemicals group Rockwood Holdings for $6 point 2 billion dollars. Meanwhile, Thomas Cook Group, Europe's second-biggest travel company, will buy back its Indian unit. Finally, China Petrochemical Corporation will acquire a 60 percent stake in Australia?s AED Oil's Puffin and Talbot oil ventures in the Timor Sea for $600 million Australian dollars in cash.

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  • AED is not an 'Austrian' but an Australian based venture.....

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