The Taiwanese financial regulator had granted permission for Fuh Hwa Securities Investment Trust to form the yuan denominated mutual fund.
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SBM Offshore Inks $3.5 Billion Contract from Petrobras
SBM Offshore, along with its partners, has signed a $3.5 billion contract from Brazilian oil firm Petrobras to construct two oil platforms.
CVC Opens Bpost IPO
CVC Capital partners would be selling off its shareholdings in the Belgian Postal Service or Bpost. CVC Capital Partners, the private equity group, is now preparing to sell to the market twenty five to thirty percent of the Belgian Postal Service.
KKR Divests Interest in Intelligence Holdings
KKR has agreed to sell to Temp Holdings its interest over Intelligence Holdings. KKR & Co has entered into an agreement to sell Intelligence Holdings for 68 billion yen or US$721 million.
Cerberus Willing to Wait Three Years for Relisting
Cerberus has grandiose plans for Seibu, such as relisting after three years and expanding its shareholdings in the company.
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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.
Dell is now hunkering down to make a better and higher offer than others have made for the company he had founded.
Fund manager Schroders has signed an agreement to buy Cazenove Capital for 424 million pounds, a deal that would merge the two oldest names in the city of London, England.
CMS is selling its bakery supplies business to Rhone Capital to focus on other profitable ingredients.
Argentina has recently instituted new regulation for investments to curb capital flight and retain dollars.
A total of 528 million shares in Samsonite International were sold by Royal Bank of Scotland and private equity firm CVC Capital Partners as they exit in the Luxembourg-based company.
Gold, corn and natural gas were among the top commodities traded according to figures obtained by Reuters from the Commodity Futures Trading Commission.
