Mark Price, the Managing Director of Waitrose, has been appointed as Deputy Chairman of John Lewis Partnership.
Investors
Areva and Namibia Water signs water sale agreement
Areva SA and Namibia Water are in the final leg of arrangements for their water sale distribution agreement.
Luminous Water raises US$9.3 million through CLSA Capital Partners
Luminous Water Technologies Pvt. acquires US$9.3 million worth of funding from CLSA Capital Partners.
Qinhuangdao Port Co to raise US$800 million through IPO
Qinhuangdao Port Co. said that they are planning to raise US$800 million through an initial public offering.
Chinese official media reports sovereign wealth fund CIC in talks with Alibaba Group
China's sovereign wealth fund, CIC, is reported to be in talks with Alibaba Group. The People's Daily, China's official newspaper, reported that China Investment Corp.
Latest News
British television network ITV has bought Big Talk Productions for an estimated GBP 12.5 million. In a deal estimated to be worth GBP 12. 5 million, British TV network ITV PLC has bought Big Talk Productions and its associated companies.
Fortune's Philip Elmer-DeWitt said that Apple spent US$16 billion to buy 36 million of its own shares.
TMSF said that Turk Telekoms has made a US%530 million offer for DigiTurk. Turk Telekom said that they have made a US$350 million offer to buy a 53% stake in Digiturk, a Turkish digital pay-TV operator.
US crude oil futures suffered its first loss in five weeks as concerns about the slowing Chinese economy continue to haunt the industry.
Samsung increased it investment by US$1 billion with the hope that it would compensate for the slumping smartphone growth.
Meiji Yasuda Life Insurance announced that it has agreed with Thai Life to buy a 15% stake in the insurer, beating private equity firms KKR & Co, CVC Capital Partners, and Carlyle Group LP to the deal.
Belgian weaving machine maker, Picanol, purchased a 27.6% stake in Belgian chemicals group, Tessenderlo Chemie.
Adenium Capital and its venture partner ForVEI announced that it had acquired a 24 megawatt solar facility in Italy.
A portfolio company of GMH Ventures, Dynamic Healthcare Services, announced that it had won bids to supply oxygen services to patients at Huntington-Ashland and Northern New Jersey Metro.
