Walker Crips set a date for the launch of the country's first ever regulated bridging finance fund.
Institutional investors
Tsinghua buys Spreadtrum for US $ 1.78 billion
Tsinghua Unigroup buys the cellphone chip designer for US $1.78 billion. Tsinghua Unigroup approved to purchase Speadtrum Communications Inc in the amount of US $1.
India removes levy on sugar industry
In order to attract foreign businesses, India removed a 10% levy in its sugar sector. Direct investments and foreign ventures are expected to come towards the global sugar industry, said India's top sugar producer Balrampur Chini.
Clean energy investments increase globally except Europe
Bloomberg New Energy Finance reported that investments in the renewable energy sector increased except in the European region.
India wants better research and development investments
To increase investments in the research and development sector of India, a government panel created new guidelines.
Latest News
Conatus Pharmaceuticals offered 5 million shares for another IPO. Conatus Pharmaceuticals Inc. announced that it will be offering 5 million shares for another initial public offering.
India’s Road Minister Oscar Fernandes said that unless major lands are handed over, financial institutions that would lend for the construction of expressways in the country could possibly shy away.
Simcro sells Riverside Co enough shares for the American company to control it. The Riverside Co. , a U. S. private equity firm, has made its primary entry into New Zealand, taking up a large percentage of the stake in Simcro Ltd.
Invensys recieved a buyout offer of GBP3.3 billion from a French firm. Invensys yesterday declared it has received a GBP3. 3 billion buyout bid from Schneider Electric, a French conglomerate.
Eppley planned to launch most expensive IPO in the junior stock exchange in JSE. Eppley Limited planned to launch an initial public offering on 218,999 of its shares.
BMG Pharma enters into a long-term partnership Luqa Pharmaceuticals to distribute medical products in Hong Kong and China.
A New Zealand company submitted its offer to join a New Zealand-Taiwan venture capital fund. New Zealand firm has sent an application to join a Taiwan and New Zealand joint investment fund.
Biomet improved financial performance this quarter, CEO tries to prove skeptics wrong. Biomet Inc. yesrday reported another annual loss, irrespective of record sales for financial year 2013.
Oak Tree Group, which aims to build more retirement homes for senior citizens, gets US $18.3 million investment from Blue Sky Private Equity.
