The Taiwanese financial regulator had granted permission for Fuh Hwa Securities Investment Trust to form the yuan denominated mutual fund.
Investors
Icahn and Blackstone Open Discussion on Team Up
Icahn and Blackstone open discussion to team up on Dell buyout. Two of the most renowned equity investors in the United States may very well put a damper on the US$24.
Hulu Board Reaches out to Potential Buyers
The board at Hulu has sought to discuss with potential buyers according to anonymous sources close to the deal.
Yahoo Purchases Summly
For a reported US$30 million, Yahoo purchases the Summly app from its high school aged owner. Yahoo Inc has purchased mobile news aggregator Summly. This is the latest move in a string of acquisitions made by the company to enhance its portal's web services.
Future Capital Partners Purchases Bioethanol Plant
FCP purchases bioethanol plant for machinery to outfit the construction of another plant in the UK. UK investment company Future Capital Partners Ltd has agreed to purchase Appomattox Bio Energy LLC.
Latest News
Sherpa was able to raise from investors and venture capitalist US$1.6 million for its project ventures.
CDW has filed papers of its IPO with the SEC. CDW Corp had filed documentation with US regulators reporting the raising of US$500 million in its initial public offering.
Sanofi is seeking partnership for venture capital projects for its future portfolio. France's largest drugmaker Sanofi is seeking more deals with venture capitalists such as its agreement with biotechnology company Warp Drive Bio.
Vodafone is nearing the share market valuation of Verizon, with decision time on the future of the company's venture.
Schroders pays GBP 424 million for 200 year old Cazenove Capital. Schroders, the UK based fund manager announced that it would pay GBP 424 million or US$646 million to purchase Cazenove Capital.
CSM sells off bakery supplies business to Rhone Capital for Eur850 million. CSM, the Dutch food ingredients conglomerate had announced that it sold its bakery supplies business for Eur850 million or US$1.
Otelco attributes loss of Time Warner contract and FCC order as causes for the need to seek bankruptcy protection.
Dell is now hunkering down to make a better and higher offer than others have made for the company he had founded.
Energy company Total and Norwegian oil services firm Aker Solutions have signed an agreement in which the latter will deliver a subsea production for the Moho Nord Project in Congo Republic.
