Cramo Oyj experienced a 7.8% decline after its main stakeholder, the Hartwall family, sold half of its stake in the firm.
Finance/Venture
The Hartford extends home and auto insurance agreement with AARP
The Hartford Financial Services Group announced that it would continue to provide home and auto insurance products to AARP members.
3i Group seeks additional private equity team members for UK, Germany - sources
Sources revealed to Bloomberg that British private equity firm 3i Group Plc was seeking to add members who specialize in buyouts for its UK and Germany private equity teams.
Ares Capital Corporation announces plan to offer 11 million shares of common stock
Ares Capital Corporation announced plan to conduct a public offering of 11 million shares of its common stock.
JPMorgan's settlement to reach USD11 billion
JPMorgan Chase & Co are deep in the negotiations to settle the probes conducted at the state and federal levels.
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The fund formed to assist British businesses had decided to invest in VTL Group, the manufacturer of precision engineered car parts.
In a meeting of the Oregon Investment Council yesterday, it was revealed that Lone Star Funds founder and Chairman John Grayken bet USD330 million of his money to the company's new commercial property fund.
On Thursday, BlackRock Inc would be debuting its a new short-maturity bond ETF on the BATS Global Markets.
One Thousand & One Voices formed its private equity team to run its office in Johannesburg. Private equity fund One Thousand & One Voices announced the hiring of three former executives of Standard Bank Group Ltd to run its office in Johannesburg.
CI Financial acquired the majority stake in Marret Asset, with an option to purchase the remained after three years.
Because of the increase in fines and penalties payable for the second half of 2013, JPMorgan Chase's share repurchase plan may be put on hold.
In a bid to reduce complexity and increase profits, Barclays is shutting down its wealth management services in 130 countries.
Financing for the Blackberry Ltd buyout by Fairfax Financial Holdings Ltd. would be largely dependent on the smartphone maker's debt-free assets, said financial analysts.
Brynwood Partners announced the first and final close of their seventh fund, which raised USD 400 million.
