Eni sells off 6.7% of its shareholdings in Galp. Eni, the Italian oil and gas group had announced the accumulation of Eur677. 6 million after the sale of 6.
Investors
Teakwood Capital Invests in Marketing Advocate
Teakwood Capital invests in multi touch marketing program Marketing Advocate. Dallas based private equity firm Teakwood Capital announced a capital investment in Marketing Advocate, a multi-touch nurture marketing program specifically for global technology firms and their channel resellers.
Promotora Divests Stake in Easy Solutions
Promotora, the top venture capital firm in Colombia, divests its shareholdings in Easy Solutions. The leading venture capital firm in Colombia, Promotora had announced the divestment of one of its portfolio companies, Easy Solutions.
Capitol Energy Ventures Invests in Constitution Pipeline Co LLC
Capitol Energy Ventures with others are investing a total US$68 million in Constitution Pipeline Co LLC.
Skyline Innovations Announces US$2M Mezzanine Financing Round
Skyline Innovations announced mezzanine financing round worth US$2 million. The national leader in solar water heating financing and installation, Skyline Innovations Inc.
Latest News
Dell Inc supports Michael Dell/Silver Lake bid and urged its shareholders to vote for the bid on its July 18 shareholders meeting.
Shuanghui Int'l buys Smithfield Foods through loan facilities provided by Morgan Stanley and the Bank of China.
Suntory Holdings is preparing for an IPO that is projected to be the largest in Japan to date. In what is projected as the largest initial public offer in Japan this year, Suntory Holdings Ltd is projecting to net as much as 476 billion yen or US$4.
CVC Capital Partners set to do IPO of Matas shares. CVC Capital Partners Ltd, the European private equity firm, is deep in preparations to sell part of its stake in Matas, the drugstore chain, through an IPO.
The Moroccan institution Attijariwafa Bank is set to raise US$500 million through a foreign bond float.
Clearwire set to postpone the shareholder vote on Sprint-Nextel's offer in light of the new and improved offer from Dish Network.
Fiat would await the Delaware court verdict on the valuation of VEBA held shares in Chrysler before commencing the merger of Chrysler and Fiat.
EMC is undertaking a share buyback program as well as giving dividends on its shares. The world's largest manufacturer of storage computers, EMC Corp has expanded the budget for its share buyback plan by another US$5 billion.
Fiat is preparing to purchase the rest of the shares of Chrysler through a loan being prepared by a number of banks.
