Institutional investors
Health IT sees upsurge in total investments in the second quarter
Health IT sector recorded US$623 million in investments made towards the sector in the second quarter of 2013.
Nan Fung increases market share through about 30% stake in Forterra Trust
Nan Fung planned buy a stake in Forterra Trust to increase its market share. Nan Fung planned to acquire abount 30% stake in Forterra Trust. The Hong Kong property developer will pay SGD$226.
Ajay Piramal Group to invest INR1,000 crore in India's healthcare industry
Ajay Piramal Group announced that India Venture Advisors is launching a INR1,000 crore fund that targets early-stage healthcare companies.
Extended Stay Hotels to go public later this year
Sources stated that Extended Stay Hotels is preparing for an IPO later this year. Sources stated that Extended Stay Hotels is preparing to sell stakes in the company to the public.
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Minnesota firms urged Gov. Mark Dayton's administration to support an idea for a fund that will support smaller Minnesota businesses.
CVC Capital announced that they've accepted up to EUR10.25 billion in investments and that a further EUR250 million was in the works to be accepted.
The IFC had invested US$2 billion in Brazil amid sluggish economic growth and large demonstrations in the country.
Dunedin successfully raised GBP50 million more from their original target of GBP250 million for its latest buyout fund.
VF Corp. drops its bid to acquire Billabong, Australia's most popular surfing brand, saying that the asking price was too much.
Dell Inc.'s stocks fell at US $12.88 on Wednesday, the lowest since July 5.
Dell Inc. stocks dropped to the lowest level on Wednesday since July 5.
The shares of General Electric have reached its highest level since the financial crisis of 2008. General Electric (GE) shares were at their highest level since 2008.
Fannie and Freddie are not making much progress The revamp of Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FMCC) was not making much, or any, progress.
Japan was a winner when it came to how its stocks performed on the market. Japanese stocks were performing well. In fact, it topped in terms of gains this year in comparison to 24 major developed equity markets.
Swedbank's rating outlook was raised to stable by S&P. Standard & Poor's Ratings Services (S&P) raised the credit rating outlook of Swedbank AB to stable.