EFG-Hermes QInvest Merger Still in Limbo

Despite assurances by the Egyptian PM, there is still no approval as to the EFG-QInvest merger. The Middle East's largest investment bank, EFG-Hermes has been awaiting notice from Egypt's financial regulator for the approval of its merger with QInvest of Qatar.


Zeder Investments purchases Total Produce shareholdings in Capespan Group

Zeder Investments is purchasing Capespan Group shares from Total Produce. A private investor in agricultural companies has announced that it would be purchasing in Capespan Group Ltd, South Africa's biggest fruit export company.

Joint Venture of arc AM and RVC in ISAM Fund SICAV-SIF

The ISAM Fund SICAV-SIF was established by arc AM and RVC InfraFund for the purpose of investing in companies that have potential for international growth.

Sale of Meilleurtaux.com is Complete

Meilleurtaux.com sale has been completed to Equistone Partners. BPCE announced today the completion of sale of its hundred percent shareholdings in Meilleurtaux.


Latest News

ASML Holdings introduces new CEO and unveils buyback plan for shares. The largest semiconductor equipment supplier in Europe, ASML Holding NV has appointed its finance director Peter Wennink to the position of Chief Executive Officer.
Molinare TV obtains investment funds from Saphir Capital Private Equity Fund. The renowned post production house based out of London, Molinare TV & Film Limited was able to secure financial investments from Saphir Capital Partners.
Indigo Group through funding was able to complete the acquisition of six quick service restaurants. In an announcement, Indigo Group LLC conveyed to the public its completion of the acquisition of six quick service restaurants that are based in East Texas.
Fusebill gets much needed capital infusion from OMERS Ventures and Covington Capital. OMERS Ventures, the venture capital investment arm of OMERS, one of Canada's largest pension plans, invested $2 million to Fusebill.
The approval by the mayor's executive committee pushes the casino plan forward for Cadillac Fairview and MGM.
Glass Lewis has recommended the acceptance of new merger terms for T-Mobile and MetroPCS. In a 180 degree turn, proxy advisory firm Glass Lewis is now recommending to its MetroPCS Communications shareholders to approve the wireless service provider's merger with T-Mobile USA.
Selling of RTL would allow Bertelsmann to proceed with expansion plans. Media conglomerate Bertelsmann of Germany is projecting a fund raising value of Eur1.
Anhui LDK Energy's shareholdings in LDK Solar High Tech Hefei has been sold to a subsidiary of the Hefei Municipal Government.
HgCapital closed HgCapital 7 with a hard cap of GBP2 billion. In announcement, HgCapital said that April 15, 2013 would be the final closing of its newest private equity fund HgCapital 7.
Springfield Homecare, using the Business Growth Fund, purchases Positive Life Choices. Springfield Homecare Services Ltd is a unit of Springfield Healthcare Group, which is backed by the Business Growth Fund.
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