Barclays increases stake in Absa. Absa Group's minority shareholders openly supported a plan to purchase the African operations of Barclays Plc. The purchase would amount to US$2.
Co-investment
Richter of Hungary forms JV in China
Richter partners with marketing arm to conquer Chinese market. Richter, the Hungarian drug maker has just entered into a joint venture partnership to be able to market its products better in the world's largest market, China.
Daimler Bearish on CIC Stake Purchase
Daimler is not to keen on the reported interest of CIC over shares of the company. German car giant Daimler is not expecting sovereign wealth fund China Investment Corp to continue with its purchase of the ten percent stake in the company.
Whitworth Purchases Stake at SPX
Whitworth's Relational Investors expands industrial stake portfolio. Relational Investors LLC, the flagship firm of Ralph Whitworth, recently disclosed its stake at SPX Corp.
Daimler's Chief Financial Officer Not Expecting 10% Stake CIC Offer
The auto maker is not expecting China Investment Corp. to buy 10% in the company (Photo : Reuters) Bodo Uebber, chief financial officer of Germany's car manufacturer Daimler, said that they are not expecting sovereign wealth fund China Investment Corp.
Latest News
CVC is seeking 44% for Mahatari after Aeon terminated its offer for the retailer. CVC Capital Partners is expected to ask equity investors to invest more for PT Matahari Department Store than a tentative bid for the retailer by Aeon Co.
French media group Vivendi SA is likely to close a deal in the coming weeks to sell a stake in Brazilian telecoms unit GVT
Wolfberg and Landry to join forces in new hedge fund firm. Adam Wolfberg, a veteran of SAC Capital Advisors, Diamondback Capital Management and the Galleon Group is teaming up with Steven Landry of East Bay Asset Management would launch a new hedge fund.
Italian oil major Eni and Russia's Rosneft have both agreed to develop trading and logistics opportunities.
There are two investment plans, proposed by Farnair and Airsia, that will be put in consideration of India's FIPB.
There have been many foreign companies related to agriculture that are courting Malaysia for investment plans.
Keith Anderson, former chief investment officer at Soros Fund Management is looking forward to raise up to $1 billion for his Anderson Global Marco fund.
Brazil's OGX Petroleo is being rumored to have a plan of selling a stake to Malaysian oil company Petronas.
LivingSocial was coerced to swallow a bitter pill for more capital infusion. LivingSocial was forced to accept large concessions in order to convince its biggest investors to infuse another US$110 million for the second largest daily deal firm.
