Conergy filed for insolvency after failing to get a deal with an investor who would finance its debts and operations.
Exits
New Century REIT Gets $87 Million From Trimmed IPO
New Century Real Estate Investment Trust raises $87 million from their trimmed IPO New Century Real Estate Investment Trust (REIT) announced that they were able to raise HK$676 million or an estimated US$87.
Bond Market Selloff Got Banks Taking Capital Hit
According to analysts, big US banks were caused a multi-billion dollar dent after the selloff in the bond market in the last eight weeks.
Banks Fight for Lloyds, RBS Deals
There are more than a dozen top banks that are finalizing plans to run a GBP20 billion share sale in Lloyds Banking Group.
Lululemon Chairman Seeks to Divest 3.4 Million Worth of Interest Amid Retailer's Problems
Dennis Wilson, the Chairman of Lululemon Athletic is planning to offer 3.4 million shares of the company, reducing his control over the yogawear retailer by 3% as a result.
Latest News
EQT hired Morgan Stanley for the sale of Swedegas, a Swedish gas grid operator, for a deal valued at Eur500 million.
HSBC Holdings Ltd would exits its retail banking and wealth management business in Korea to focus more on the profitable enterprises.
Panasonic Corp decided to close its Hungarian solar cell plant after the yen weakened and would transfer its equipment to other plants in Asia.
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.
Orege secures new capital from concluded IPO (Photo : Reuters)Orege SA, French Water Technology Company raises needed capital from concluded IPO French water technology company Orege SA raised Eur20 million with the completion of an initial public offering that was posted on Euronext Paris.
ECI Partners exited Clinisys. (Photo : Reuters)This is the logo of ECI. ECI Partners, among the most successful private equity groups based in the United Kingdom, exited CliniSys.
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).
Google's acquisition of Waze could put Israel's tech development industry back on the map, analysts said.
According to sources, Barclays PLC, Citigroup Inc and JPMorgan Chase & Co. are set to manage Eastern Europe's largest budget carrier, WIzz Air's initial public offering.
