A group of investors led by Alan Hughes stated that they are prepared to purchase 315 bank branches for GBP1 billion from the Royal Bank of Scotland.
Investors
Guy Hands to sell Infinis
Guy Hands stated they were mulling either a float on the London stock exchange or an outright sale of Infinis.
Red Fort Capital to launch new fund
Sources said Red Fort Capital is to launch a real estate fund worth between US$500 million and US$750 million.
Quick Heal to go public
Quick Heal revealed its plans to go public next year. Quick Heal Technologies, a security software developer, announced it intends to launch an initial public share offering in India.
Fitness First to boost presence with GBP77.5 million investment
Fitness First executives stated they would be investing GBP77.5 million into the company's operations in a bid to enhance their presence worldwide.
Latest News
HealthCare Global and DM Healthcare revealed that they have offered separate bids for the Actis owned Sterling Hospitals.
Marubeni stated that their latest deal into the renewable energy industry was to acquire a 25% stake in Mainstream.
Venice Beach experienced tragedy with the death of a woman when a man plowed his car into the busy boardwalk.
The sale of 92% of Bulgarian pension fund Doverie is now being flagged for the lack of documentation and information.
John Henry, owner of the Boston Red Sox, has purchased another Boston icon, the Boston Globe. The principal owner of the fabled Boston Red Sox, business tycoon John Henry, had entered into an agreement to purchase The Boston Globe for the price tag of US$70 million.
Berkshire Hathaway announced its reported earnings and its company portfolio growth. The second quarter profit for Berkshire Hathaway Inc increased by 46%.
The consulate of Haiti in Montreal created an investment mission which will be attended by many prominent names in Quebec's investment industry.
After fearing US sanctions, Pakistan decided to ask Iran's government to finance a USD8.1 billion gas pipeline project.
H&M unveils its online store after several launch delays. Hennes & Mauritz had recently announced the launch of its online sales operations for the US market.
