Corporations

Zimbabwe's public investment firm eyes lisitng

ZMDC is considering getting listed at the Zimbabwe Stock Exchange, said the mines minister. (Photo : Reuters)These are flags of Zimbabwe. The government of Zimbabwe is considering listing its state controlled interest mining vehicle Zimbabwe Mining Development Corporation on the Zimbabwe Stock Exchange.


Diageo Secures Position in India through Control over United Spirits

Diageo Plc, the world's largest distiller acquired control of United Spirits Ltd (UNSP), a well-known maker of Bagpiper whiskey in India.

Transpetrol Backs Out Of Joint Venture

Stolt-Nielsen Limited announced the withdrawal of Transpetrol from joint venture (Photo : Reuters)Stolt-Nielsen Limited announced Transpetrol's withdrawal from joint venture Stolt-Nielsen Limited made the announcement that Transpetrol Gas Holdings Limited (Transpetrol) opted to buy back gas carriers that they sold to Avance Gas Holding Ltd (AGHL).

UPDATE: EBX Group collapses after Batista's exit

EBX Group's shares were considered worthless as the company officially breaks up today. (Photo : Reuters)This is Eike Batista. The exit of Brazilian billionaire Eike Batistsa from MPX Energia officially started the collapse of his former industrial conglomerate giant EBX Group.


Latest News

Capstone Infrastructure and Shares of Renewable Energy agreed to exchange shares to form a combined entity that was not only well-funded but also diverse.
Sprott and CITICPE joint venture would not proceed as planned. (Photo : Reuters)The image shows the facade of a Chinese bank operated by the CITIC Group, who also operated CITICPE HK.
Stolt-Nielsen and Sungas were now the new co-owners of AGHL after Traspetrol used its call option to buy back its shares in the company.
Tesla Motors’ stock continued to soar, reaching up to 250% this year so far. (Photo : Reuters)The image shows the logo of Tesla Motors, whose stock has been performing well lately.
Mairs & Power Prepares for Bill Frels'Retirement (Photo : Reuters)This is the logo of Morningstar, who gave Mairs & Power Growth and Balanced funds a Silver Analyst Ratings under Bill Frels' leadership.
The FCA orders trading bans on three Portuguese firms due to market volatility. (Photo : Reuters)The image is a worker sprucing up the UK regulator Financial Conduct Authority.
Shipbuilder Rongsheng shares were stopped from trading in the Hong Kong Stock Exchange. (Photo : Reuters)The image is the Rongsheng Shipyard now under pressure.
Japanese bank ORIX acquired 90% stake in Robeco. (Photo : Reuters)The image shows the logo of Robeco Groep, an asset management firm where ORIX Corporation recently bought 90% stake in.
Montagu Private Equity bought CliniSys from ECI for 2.5 times the initial investment. (Photo : Reuters)This is the logo of CliniSys, a healthcare IT company that was recently acquired by Montagu Private Equity.
Yandex and Sberbank of Russia finalized their joint venture for Yandex.Money for about US$60 million.
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