Vietnam's Finance Ministry submitted a proposal to relax foreign ownership restrictions by allowing foreigners to increase voting shares in non-conditional industries.
Institutional investors
Clustrix clinches $10M in Series D funds
Clustrix announces the new funding worth $10M from HighBar. Clustrix, the top scale-out SQL database contrived for the cloud, was granted a $10 million Series D financing by HighBar Partners.
Serbia government possibly opens Telekom for sale
Serbia's government posts on the possibility of selling Telekom Srbija AD. Serbia is not closing its doors in the possibility of selling its main telecommunications provider Telekom Srbija AD followed by the expression of interest of two main companies namely The Dogus Group Of Turkey and Sabanci Group.
Falcone admits wrongdoing, agrees to SEC ban
Billionaire Philip Falcone agreed to a five year ban in the securities industry and admits wrongdoing in the allegations filed by the US Securities and Exchange Commission.
Trinity Ventures Gives USD13 Million Series B in Jama
Jama Software gets a USD13 million partnership with Trinity Ventures along with Madrona Ventures Company.
Latest News
On Monday, the 2nd US Circuit Court of Appeals in New York announced that investors may revive a lawsuit against Barclays PLC.
Spain's El Corte Ingles said on Monday that it has reached an agreement with banks to refinance its EUR5 billion debt.
Affiliated Managers Group announced equity investment in Clarfeld Financial Advisors by its subsidiary MG Wealth Partners LP.
Falcon Social raised EUR 6 million in Series A funds for its social management platform. Falcon Social, a Copenhagen-based social management platform, raised EUR 6 million or USD 8 million in its Series A funding round.
Ares Management and Ontario Teachers'Pension Plan said it will buy building products firm CPG International Inc.
The United States asked Japan to give foreign companies more access to its auto and insurance markets.
A Wall Street Journal report said that Beats Electronics is planning a major buyout of HTC and generate funds to expand its newest digital streaming business Beats Music.
Company filings revealed that W&G Investments will be offering a share sale tomorrow as part of its due diligence requirement for its planned bid of RBS branches.
XPO Logistics Inc completed its acquisition of 3PD Holdings in a deal valued at USD 365 million. Arcapita sold its North American logistics company 3PD Holding to XPO Logistics Inc.
