New Italian PM Enrico Letta seeks to block the intent of Air France-KLM to increase its shareholdings in Alitalia.
Funding
Vitol SA's debt rates same as Glencore negotiated rates
Vitol SA obtains favorable LIbOR for its one year and three year credit lines. The world's largest independent oil trader, Vitol SA, would be raising USD7 billion worth of loans at the same rate pegged for its nearest competitor, Glencore Xstrata Plc.
Time Warner Cable purchases DukeNet to expand into Southeastern US
DukeNet serves as the gateway to the Southeast United States, thus an acquisition of this magnitude was an easy choice to make.
Tryzens CEO announced acquisition of Tryzens Ltd from its original owners
Scottish Equity Partners backs up Tryzens acquisition from Jaywing Plc. Tryzens CEO Terry Hunter together with his senior executive team had just completed the acquisition of Tryzens Ltd from parent firm Jaywing Plc.
Albion Ventures announce financial support for Erin Solar
Erin Solar stands to receive GBP1.4 million from venture capitalist Albion Ventures. One of the largest independent venture capitalists in the United Kingdom, Albion Ventures, had announcement a financial commitment of GBP1.
Latest News
VTB would sell off its shareholdings in Rosbank to Societe Generale and Societe Generale would sell some Russian assets to VTB.
Bay Investment Group LLC, the venture firm of Hayah Holdings and Colony Capital, will head the master development in the city of Oakland.
Facebook, after its dismal opening at IPO and subsequent decline, is affecting the overall enthusiasm in Twitter.
Addressing concerns as to the lack of progress in its bid to open shop in India, Wal-Mart said it is negotiating with Bharti for final details.
As the budget deadlock continues, the stock market's fear index is rising and many investors are preparing for future stock volatility.
The noteholders of GM Nova Scotia used a local law loophole to allow its earnings to double from the bankruptcy proceedings.
Dubai is being eyed for a USD150 billion investment push from Asian institutional investors. Institutional investors from all over Asia had placed the Dubai market in its crosshairs as a place to invest nearly USD150 billion.
A suit had been filed in the Delaware Chancery Court to compel Apollo to complete its acquisition of Cooper Tire.
Rupee's depreciation makes India an attractive proposition for US investors. India's top ranked takeover advisor Bank of America Corp identified the rupee's depreciation as the main factor in generating interest from US companies in setting up factories in India.
