DONG Energy's divestment may lead to credit rating review

Credit analysts said that the divestment of DONG Energy's 26% stake to two funds managed by Goldman Sachs and two Danish pension funds may lead to a reassessment of its negative credit outlook.


Rosneft may acquire Lukoil's stake in Venezuelan consortium - CEO

Rosneft chief executive Igor Sechin said to reporters on Thursday that his company would be considering buying Lukoil's stake in its Venezuelan consortium.

Quixey scores USD 50 million in Series C round led by Alibaba Group

The Alibaba Group led the Series C round for Quixey, of which its latest funding round raised USD 50 million in capital commitments.

Jemstep scores additional USD 4.5 million for Series A round

Investment advisor Jemstep said it was able to add USD 4.5 million for its Series A follow-up round.


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Under the joint venture agreement, Essar Energy can exercise a USD5 million option to sell its shareholdings in the joint venture project with the Kenyan government.
Veeva's cloud software solutions expansion would go full blast after the capital infusion post-IPO.
Blackstone completed its acquisition of Multi Corporation. Private equity firm Blackstone recently finalized its purchase of Multi Corporation, a Netherlands-based shopping center.
Protein Bar disclosed receipt of capital funding from consumer-focused private equity firm Catterton Partners.
BlueCrest Capital Management hired Marcel Kfoury after the resignation of Michael Platt, said a Reuters report.
UBS AG’s unit would open its first hedge fund focused on Asia later this year, according to two people who were familiar with the matter.
TCS Group Holding would be holding an IPO in London for its retail banking unit. TCS Group Holding Plc bared its plans to conduct an initial public offering in London for Tinkoff Credit Systems Bank.
Andy Halford, the Chief Financial Officer of Vodafone, would be leaving the firm by March next year.
The Federal Trade Commission said that Twitter's acquisition of MoPub would not be challenged by antitrust regulators.
Tesco Plc said that any deals that would take place in China would be funded through its new retail venture with China Resources Enterprise Ltd.
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