Abraaj Group would put an undetermined amount in AIS Group. The Abraaj Group had announced last Monday a decision to invest in one of its funds in the African Industrial Services Group.
Corporations
PM Letta wants a state-backed firm to ease Alitalia merger- sources
Sources told Bloomberg that Italian Prime Minister Enrico Letta was pushing for a state-controlled firm to back Alitalia in its planned merger with Air France-KLM.
Ledermann postpones IPO due to low demand
Real estate firm Ledermann Immobilien cancelled its planned IPO today because of low demand. Swiss-based real estate firm Ledermann Immobilien said it would not push through with its planned initial public offering (IPO) anymore.
Bandanna Energy in discussion with partners for coal fired power station project
China, Korea, Japan and Taiwan are some of the possible strategic partners Bandanna Energy was discussing with
BlackBerry's server business key to survival
At the height of its business, BlackBerry servers provided supported its devices with secure email technology, which now is key to its survival.
Latest News
A study published in the American Journal of Medicine showed that chicken nuggets is mostly fat, blood vessels, bones and skin.
Digital Generation (DG) announced its recent acquisition of Republic Project for USD1.4 million in cash and target-based earn-out payments.
Citing the national security provisions of the Investment Canada Act, the purchase of Accelero of the fiber optic network owned by MTS Allstream was blocked by the Canadian government.
Yusuf Bin Ahmed Kanoo Holdings Ltd purchased the business interests of Thomas Cook Group in Egypt and Lebanon.
A Techcrunch report talked about the necessity of top mobile gaming companies and rivals Gamevil and Com2uS consolidating into one gaming empire.
Today, Whitestone REIT announced it acquisition of Fountain Hills Plaza paid through an all cash transaction.
B&G Foods Inc announced today that it had acquired Rickland Orchards through a combination of cash and stock payment.
Today, Biomet Inc announced entering a definitive agreement to buy Lanx Inc. that would be subject to customary closing conditions.
Montreal, Maine & Atlantic Railway Ltd. had hired Gordian Group LLC to sell the carrier, said a Bloomberg report.
