Investors
Savant Capital takes over registered investment advisory firm Paragon Advisors
Independent registered investment adviser Savant Capital Management has reportedly agreed to take over Paragon Advisors for an undisclosed sum. The acquisition will reportedly bolster Savant's assets under management to $3.7 billion.
JG Summit completes stake acquisition in the Philippine's largest power firm
Philippine-based JG Summit Holdings Inc has completed its buyout of San Miguel Corp's 27% stake in power distribution company Manila Electric Co (Meralco) for PHP72 billion.
Hero MotoCorp purchases 60% stake in joint venture with Italy's Magneti Marelli
Hero MotoCorp on Wednesday announced its buyout of 17.49 lakh shares in HMC MM Auto Ltd., which represents a 60% stake in the company. HMC MM Auto Ltd. is a joint venture of Hero MotoCorp and Italian automobile company Magneti Marelli.
Ireland's National Pension Reserve Fund to seek buyer for private equity holdings- report
The Irish Times reported that the National Pension Reserve Fund of Ireland or NPRF is believed to be mulling a sale for its private equity investments.