Swiss Re announced that they are in preliminary talks with Phoenix Group Holdings for possible merger
Investors
Direct Energy to acquire Bounce Energy for US$46 million
Direct Energy announced that they have reached an agreement to acquire Bounce Energy for US$46 million
Mitsubishi Tanabe Pharma to acquire Medicago for US$357 million
MPTC to acquire 60% stake claim for Medicago for US$357 million Medicago Inc announced that it has entered into a definitive agreement with Mitsubishi Tanabe Pharma Corporation (MPTC).
Biomet Inc. improves its performance this quarter
Biomet improved financial performance this quarter, CEO tries to prove skeptics wrong. Biomet Inc. yesrday reported another annual loss, irrespective of record sales for financial year 2013.
Retirement home developer secures US $18.3 million investment
Oak Tree Group, which aims to build more retirement homes for senior citizens, gets US $18.3 million investment from Blue Sky Private Equity.
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US fixed income mutual funds attracted deposits from investors that came from redemption rebounds after the Federal Reserve announced scaling back of its stimulus.
Technicolor announced the completion of its refinancing transaction with Tech Finance Technicolor announced the successful completion of its refinancing transaction which allows them to borrow new funds at a lower interest rate.
Bharti discussed the sale of its Direct-to-Home unit to Liberty Media. Bharti Airtel is in discussions with American communications and media giant Liberty Media to put up for sale a stake in its unlisted Direct-to-Home line of business.
Z Capital acquires minority ownership of Neways. Z Capital Partners, L. L. C. announced that they have acquired the minority ownership of Neways Enterprises.
CAZ Investments has raised around US$30 million ready to be invested in health care across the next three years.
India’s government held a meeting today with as many as eight banks as it weighed its options to sell the country’s debt abroad.
Pacific Potash engaged Ocean Capital's services to secure funds. Pacific Potash Corp. announced that it has engaged the services of Ocean Capital Inc.
Centrica's subsidiary,Direct Energy, has agreed to acquire Bounce Energy. Centrica PLC's subsidiary, Direct Energy, agreed to acquire Bounce Energy for US$46 million in cash.
WikiLeaks donations declined in the past 2 years. "Development of donations over the past two years has declined substantially and is no longer able to provide the earlier levels of support for the project," according to Wau Holland Foundation's annual report.
