Institutional investors
Third Point's Proposal to be Reviewed by Sony Board
As confirmed by Sony CEO Kazuo Hirai, the proposal put forth by Daniel Loeb of Third Point LLC would be reviewed on its merits.
BlackRock Purchases MGPA
BlackRock purchases real estate investment firm MGPA. In an announcement, BlackRock Inc said that it would be purchasing MGPA, the real estate investment firm in order to expand its real estate portfolio worldwide.
No More Info, Dell Tells Icahn
Dell's Special Committee tells Icahn to complete bid or no more information would be given to him and Southeastern Asset Management.
KazAgro Raises US$1 Billion in Debt Issue
KazAgro raises half of its projected US$2 billion Eurobond issue programme. KazAgro, the state holding firm of Kazakhstan, has raised US$1 billion in its initial Eurobond issue.
Latest News
Electranova Capital invests in Forsee Power for development and growth purposes. In an announcement, Electranova disclosed its investment in Forsee Power Solutions.
Pactera Technology received a letter of intent from Blackstone and Pactera management officers to bid for the firm.
Banking circles are aswirl with talk of the auction sale for DNA mobile of Finland. A group of bankers are putting together a fund worth just under Eur1 billion or US$1.
Oakfiled Capital reaches record amount through capital investments. The private equity firm that focuses its investment in small and medium sized businesses in the United Kingdom, Oakfield Capital Partners, related the first close of the United Kingdom Special Situations Fund securing GBP6 million firm in commitments.
Quantitative easing fsils in terms of volatility of investments done by managers. Investors would be pushed to hold on to more cash rather than place them in risky investments, if one follows the precepts of quantitative easing.
Hans Peter Haselsteiner calls out Conwert governance structure. Investor Hans Peter Haselsteiner is planning to call a special stockholder's meeting for Conwert property group.
BlackRock's success is attributable to its analysts and its attack in getting the shares for its shareholders.
These are the thoughts of Hiren Ved of Alchemy Capital Management from an interview with Nikunj Dalmia.
Being Einhorned is a new term in financial circles. Very few hedge fund managers receive as much hype and attention as David Einhorn would get with just a simple interview.
Anadarko trades cancelled due to glitch in system. In an expected move, the New York Stock Exchange has announced it would be cancelling the trades of Anadarko Petroleum Corp after a glitch in the system had cut the market value of the firm by 99%.