Industry
Investors resort to ‘cash fund’ as yields dwindle
Investors are resorting to so-called cash funds for higher yields, as strict investment regulations are bringing down returns in the money fund industry.
Veolia Transdev eyes 1.3 billion euro asset sales
French transport group Veolia Transdev expects to earn at least 1.3 billion pounds from the sale of assets it had put on sale in Germany, Belgium, Finland and Sweden.
Kenya private equity firm to invest 1st fund, property venture on regional front
With eyes set on the increasing demands of East Africa's growing middle class, Kenya-based private equity firm Catalyst Principal Partners has started to make investments from its $125 million fund and property ventures.
Cole Credit rejects rival offer, acquires Cole Holdings
Rejecting a $6.7 billion buyout offer from rival American Realty Capital Properties Inc., Cole Credit Property Trust III has announced that it has completed the acquisition of Cole Holdings.