Enstar Grouped acquired Torus Insurance in a US$692 million agreement. Enstar Group announced today that it acquired Torus Insurance for US$692 million.
Articles by IVCPOST Staff Reporter
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Russia announced that it would lift its oil exports in Asia and consequently decrease the distribution for Europe.
Pfizer invests in two plants in Ireland. A company restructuring in Pfizer's two plants went underway as the pharmaceutical giant announced that a US$130 million investment is heading their way.
Belarus' National Agency for Investment and Privatization discussed with nine associations the way to attract more foreign direct investments.
According to Alstom's estimates, by 2020, the grid businesses would spend US$64.3 billion for new equipment.
Asia Pacific Investment House invested in St. Kitts & Nevis' Paradise Haven. (CORRECTION: Updated facts related to the investment done in Paradise Heaven.
Philippines' largest company gets offers to purchase its shares in bank and power company. San Miguel Corporation (SMC) confirmed that it obtained offers to buy its shares in its electricity and banking businesses.
Balfour Beatty Plc created a venture with Sydney Water for Au$150 million water projects in Australia.
NanoSatisfi received additional investment from Grishin Robotics. Grishin Robotics, a multinational investment firm, provided a US$300,000 investment to NanoSatisfi.
Petroleo Brasileiro SA's acquisition of Angolan LNG's first cargo was expected to lessen the shipping demand.
Griffin-American makes its first investment outside of the US by purchasing a UK portfolio for US $447.8 million.
JMI Equity announced today the promotion of six executives. JMI Equity, a growth equity company targeting software, internet, and technology businesses, announced six promotions in its company this Thursday.
EasyJet gets approval from majority of its shareholders to proceed with its plan to purchase additional Airbus planes.
Due to free trade agreements with many nations, Morocco is set to become the next investment hub, analysts said.
The Bank of America downgraded its rating on financing firm CYS Investments. The Bank of America downgraded CYS Investments to an "underperform" rating from a previous "neutral" classification in a research note released today.
In an attempt to turn around its decline, the Gulf Finance House said that it will use a new business model.
The Philippines' foreign portfolio investments increased in June, said the country's central bank.
BackOps receives investment from Sherpa Ventures. Sherpa Ventures announced today that it will be investing for the first time in on-demand labor company BackOps.
Heat Biologics increased IPO target to US$33 million. Heat Biologics set a top target for its initial public offering. From US$24 million, the company now aimed to raise US$33 million.
Good Energy Group Plc would sell 3.1 million stocks to finance UK solar park developments. Britain's renewable power provider, Good Energy Group Plc, planned to raise GBP3.
Brookfield Canada Office Properties acquired Toronto's Bay Adelaide Centre East Development for Ca$602 million.
NanoSatisfi, which is working on its expansion projects, gets US $300,000 funding from Grishin Robotics.
Harbor Star cancelled its Php593 million IPO to September. Harbor Star Shipping Services Inc. put off its Php593-million initial public offering (IPO) to September.
Vertu Motors acquired its first Volkswagen dealerships for GBP3 million. Vertu Motors acquired its first Volkswagen dealership for GBP3 million. This was the company's second acquisition since its GBP50 million share placing in May.
Mass. Secretary Galvin launched an investigation on complex investment options to seniors. An investigation on higher risk investments was initiated by Massachusetts Secretary William Galvin today.
Playtech acquired PokerStrategy.com Limited and its fellow subsidiaries. Playtech announced today its acquisition of PokerStrategy. com Limited along with its fellow subsidiaries.
Dawn Capital's latest fund raised US$95.1 million. According to a statement by Dawn Capital, its latest fund generated a total of GBP63 million or US$95.
Tokai Trim Holdings Co. received investments from Japanese investment firms J-Star Co. and Supply Chain Support Co.
The state-owned bank, which has been in talks to sell BNI life shares since last year, is reviving its plan to push through with the transaction.
The majority stockholders of EasyJet backed the company's expansion plan despite the founder's resistance.