The financing aspect of the leveraged buyout of Dell Inc by CEO Michael Dell and Silver Lake Partners was discussed for finalization.
Finance/Venture
Deutsche Bank to extend tenure of co-chief Jürgen Fitschen
Investors of Deutsche Bank would be voting for the tenure extension of co-chief executive Jürgen Fitschen to end March 31, 2017.
La Française forges strategic partnership with Forum Partners Investment Management
La Française announced that it had entered into a strategic partnership with global real estate investment management firm Forum Partners.
Chinese economy stable, reforms to push through- Premier Li Keqiang
Premier Li Keqiang said the Chinese economy was stable and that reforms would push through as planned.
US government is looking to exit GM, sells another USD811 million company stock
A released August report by the Treasury Department indicated that the US government would be looking to exit American multinational automaker General Motors (GM) as the state recently sold USD811 million of GM's common stock.
Latest News
In seeking acquisitions for greater investment return, Danaher Corp is choosing between Spectris and Pall as its first purchase.
The Canadian government announced last Tuesday that it would sell 30 million General Motors common shares.
The interest rates and maturities of standing loans to back up the Verizon buyout of Vodafone was determined.
The Reserve Bank of India (RBI) allowed local banks to borrow overseas up to 100% of their Tier I capital.
USD800,000 was received by MobileRQ from its latest funding round. The initial funding round of MobileRQ was completed with Verizon Investments LLC leading the way.
AFL-CIO Equity Index Fund said that it reached USD4 billion financial milestone since its inception in 2011.
Goldman Sachs, Nike and Visa shares were added to the Dow Jone Industrial Average replacing Bank of America, Hewlett-Packard Co. and Alcoa Inc.
An oversubscribed fourth Asia fund was closed by Lombard Investments with an amount of USD350 million.
The USD2 billion deposit by the Qatari government in support of former Egyptian President Mursi's government was converted to bonds by the current administration in Egypt.
