Arison's companies divest their shares in the largest bank in Israel,Bank Hapoalim. (Photo : Reuters)The image is the frontage of Bank Hapoalim. The controlling shareholder in Bank Hapoalim has sold 250 million shekels or US$69 million worth of shares in the largest lending institution in Israel.
Investors
Private Equity Firms Tapped for Investments in Shriram Ventures
Shriram Ventures are in discussion with private equity firms such as Blackstone Group and Temasek Holdings.
Wal-Mart Opening Retirement Fund for Bidding to Managers
Wal-Mart, with nearly 1.2 million strong retirement fund members, is accepting bids to manage its US$15.6 billion 401k program.
Sprint Nextel Raises Bid for Clearwire
Sprint Nextel, to ease out Dish Network from the picture, upped the ante and offered US$5 per shsre.
Rona Sells Off Divisions
Rona Inc, the home improvement retailer, has agreed to sell off specified business areas to Emco. (Photo : Reuters)The image is the corporate logo of Rona Inc.
Latest News
Platina Partners sold off its British wind farm assets to close its fund. (Photo : Reuters)The image is a UK wind farm in operation at an English countryside.
Foreign investors purchased a large volume of domestic South Korean bonds equalling net stock sales to foreign buyers overall.
Patrick Wolff is betting that China's markets would crash. (Photo : Reuters)The image is a Chinese bourse board in the red. Patrick Wolff, the chess master who became a hedge fund manager is predicting a stock market crash to happen in China.
Al Baraka Bank of Bahrain to issue US$200 million sukuk bond. (Photo : Reuters)The image is the corporate logo of Al Baraka Bank. The Turkish unit of Al Baraka Bank is working on a US$200 million sukuk.
Combat Gent announced today that it has received $1.84 million in seed funding. (Photo : Reuters)This is the logo of Combat Gent. Online men's merchandise retailer Combat Gent received $1.
PricewaterhouseCooper, the administrators over the Lehman Brothers Europe post 2008, has announced the payout of a partial sum for unsecured creditors.
Clearlake Capital Group acquired Chicago EDD company Inventus. (Photo : Reuters)The image is a server data storage and processing system. Clearlake Capital Group bought Chicago-based Inventus today.
The Carlyle Group acquires Italian generator company Marelli Motori. (Photo : Reuters)This is an image of the Carlyle Group's logo. The Carlyle Group has closed the deal to acquire Marelli Motori from previous owner Melrose Industries.
Fitness company Surge Performance Training acquires $750,000 in capital funds. (Photo : Reuters)This is an image of people working out. Surge Performance Training, responsible for several celebrity trainings, emerged from stealth today, saying it has raised $750,000 in seed funding.
