A source said that Hasting's Utilities Trust of Australia was nearing an agreement to purchase Phoenix Energy from Terra Firma Capital Partners
Investors
Lloyds Banking Group prepares for Australian exit
Sources told Reuters that Lloyd's Banking group is planning its exit from the Australian market.
Sinopec Corp and Weatherford International already in advanced talks for joint venture
Sources told Reuters that Sinopec Corp and Weatherford International are already in advanced talks for their joint venture.
Qualcomm-Alcatel joint venture will benefit investors - analysts
Analysts eased concerns about Qualcomm-Alcatel joint venture and said that the two companies would gain from the enterprise.
Be Well Hospital to launch second round of funding
Be Well Hospital announced it plans to launch a second round of funding, specific details of the funding round are yet to be revealed.
Latest News
Rod Duke of Briscoe Group revealed that the company wanted to make investments or acquisitions with its growing cash reserves.
Lesedi Council and a group of investors headed by Flanagan & Gerard announced a plan to construct a 35,000 square meter mall in Heidelberg, South Africa.
Paladin Energy Ltd announced plans to sell shares to institutional investors. Paladin Energy Ltd plans to sell shares to institutions after the conclusion of talks to sell a stake in the company's Langer Heinrich mine located in Namibia.
BioteQ Environmental Technologies Inc. announced that they have agreed Jiangxi Copper Company to set up a water treatment facility at the Yinshan Mine site.
Macquarie Group Plc acquired a 49% stake claim in the hydroelectric project headed by Accoina SA. Macquarie Group Ltd announced the acquisition of a 49% stake in that Accoina SA hydroelectric project located in Mexico.
A consortium of investors led by EME Capital offered GBP2.9 million to buy out Theo Fennell. Upmarket jeweller Theo Fennell revealed that it had decided to be taken private in a GBP2.
Pebbles Interfaces stated that it had collected US$11 million in its second round of financing from both existing and new investors.
AIG announced that they are resuming talks with a Chinese group regarding the sale of its aircraft leasing unit.
CEO of Socrative reveals that his company had collected US$750,000 in a seed funding round from investors including True Ventures, NewSchools Venture Fund, Eileen Rudden and Jean Hammond.
