The Vehicle Production Group is under new management as AM General purchased the DOE denominated debt.
Investors
HSBC facilitates first two way RMB transaction between Taiwan and China
As the fruition of months of planning and years of animosity, China and Taiwan formalizes the two way cross border transaction system for companies trading in the yuan.
E.ON Connecting Energies acquires Matrix
Matrix, the leading efficient energy management company, was purchased by E.ON Connecting Energies for an undisclosed amount.
Rothesay Life shareholdings purchased by institutional investors
Rothesay Life Insurance, the British insurance operations of Goldman Sachs Group, had agreed to sell 30% shareholdings to GIC and Blackstone.
NTT DoCoMo may start selling iPhones in autumn- sources
Sources said NTT DoCoMo would finally start offering Apple's iPhones to its Japanese subscribers.
Latest News
Sources told Reuters that Suntory would be acquiring two drink brands of GlaxoSmithKline in a deal worth more than GBP 1 billion.
Italian investment company Azimut inked a joint venture partnership for Brazil with Legan Administracao de Recursos.
An Italian newspaper reported that the Italian government preferred the merger of Telecom Italia with Spain's Telefonica than have Naguid Sawiris acquire a stake in the firm.
According to a recent Lipper report, there have been fifteen weeks of outflows recorded for 2013. There is a continuous decline in the outflows from US municipal bonds, with numbers dropping below USD1.
The Vaca Muerta oil field is set to be offered for bids by the regional authority of Patagonia, Argentina.
FNB Capital Partners would focus on investing in mezzanine debt, private equity, subordinated notes and other financial instruments.
Traditional insurer American Family Insurance buys out online insurance provider Homesite Group Inc for USD616 million.
Mercato Partners with other institutional investors provided USD30 million for an oversubscribed Series B financing round for Ingram Medical.
StartX had partnered with Stanford University and Stanford Hospitals and Clinics for a grant accelerator fund for Stanford affilated entrepreneurs.
