QInvest to launch new Islamic funds not just for GCC consumption but for the world as well. QInvest, the investment bank with majority shareholdings owned by Qatar Islamic Bank, announced that it would plan to launch at least thirty Islamic funds in the next three years.
Institutional investors
Cole Shareholders File Suit against Christopher Cole
The shareholders of Cole Credit seeks injunction against planned merger. The shareholders of Cole Credit Property Trust III have filed a suit in a Maryland court to issue an injunction on the planned internal merger.
CT Corp Offers to Purchase Visi Media Asia
Tanjung's CT Corp is offering to purchase all of Visi Media Asia from the Bakrie family. One of Indonesia's rising conglomerates CT Corp has offered an all-cash deal for the controlling stake in PT Visi Media Asia.
IPOs in First Quarter Sets Stage for Growth
The IPO market is growing again in North America and Europe. Globally, initial public offerings raised US$20 billion in the first quarter of 2013. The growth of this financial area was buoyed by rallies in different stock markets to sell businesses.
Lower Offer for Commonwealth REIT Made by Activist Investors
Keith Meister's Corvex Capital and Related Cos has withdrawn their original US$27.00 per share offer and lowered it to US$24.50 per share offer.
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Dutch coffee maker D.E. Master Blenders has been in talks on its buyout by a group led by Germany's Joh. A. Benckiser GmbH in an around 7.6 billion euro deal.
Hoau, TNT Express' road business in China is now the property of CITIC Private Equity. TNT Express, the Dutch express delivery service provider has announced the sale of Hoau, its domestic road business in China.
Mikhail Fridman goes head to head for VTB for Tele2. Russian billionaire tycoon Mikhail Fridman is ready to outbid VTB banks offer to purchase Tele2's Russian subsidiary.
With infrastructure demand at an all time high, there are still many pitfalls that investors face when putting their money into Southeast Asia.
Lehman Brothers, once Wall Street's larger banks, has announced its payout to creditors after its emergence from bankruptcy protection.
GEMS Education to raise funds for expansion into Asia and Africa through IPO and other means. GEMS Education Ltd is projecting to raise between US$650 million and US$1 billion during its initial public offering.
Credit Suisse has purchased the wealth management arm of Morgan Stanley. Morgan Stanley's wealth management subsidiary is being bought out by Credit Suisse.
Petrobras, in line with the goal of making Brazil energy self sufficient, is selling of its stakes in Agbami and Akpo projects.
H.J. Heinz says that it is planning to host a shareholder meeting to allow investors the time to think about your house and expenses.
