Articles by Marc Castro


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Armstrong Asset Management appoints Yasushi Ujioka as its investment director. Armstrong Asset Management appointed Yasushi Ujioka as the new Investment Director of the Singapore based company.
FIT's management buyout plan supported by FF&P Private Equity and acquirer EEMG. The private equity arm of Fleming Family and Partners, FF&P Private Equity has supported the buy-in management buyout of FIT, the specialist energy efficiency business.
Aepona bought out by Intel Aepona, a cloud-based network solutions company, has been acquired by Intel. Amadeus Capital Partners is the biggest venture financier of Aepona.
Resource Capital lands US$44 million loan. Resource Capital Corp announced today that it was able to close a US$44 million bridge loan. The loan was attained by using the 186,000 square foot grocery anchored shopping mall in Los Angeles, California as collateral.
Genesis Angels was established by Moshe Hogeg with former Israeli PM Ehud Olmert and Kazakh industrialist Kengers Rakishev.
Heinz shareholders approve Berkshire Hathaway-3G Capital buyout bid. Heinz is nearing total privatization. In an announcement, Heinz shareholders approved the acquisition by Berkshire Hathaway and 3G Capital.
Liberty Global purchase shares in cable television rival Ziggo. Liberty Global, the American cable giant, has sought to purchase more shares to increase its stake in its Dutch rival Ziggo from 12.
Generali has confirmed the ownership shares of Blackrock at 2.841%. The globe's largest money manager, Blackrock has been confirmed by the Generali chairman as to own 2.
Surgutneftgas announces US$29 billion cash pile amidst a tangled web of financial reporting information.
Unicredit seeks to buy back Eur4.24 billion to lessen debt in the next five years. Unicredit has purchased senior notes worth Eur4. 24 billion or US$5.
Generali reiterates sale of BSI and Generali USA to shore up capital reserves for Generali CEO Mario Greco.
BBVA Tier 1 bond has been made and called by many potential investors. The second largest bank in Spain, BBVA has received orders for over US$5 billion for the bank's additional Tier 1 non-callable perpetual five year bond.
Clariant is seeking a partner or funding to finance its second generation bioethanol plant. Clariant AG is preparing to be in bed with a partner to help raise funding for its second generation bioethanol plant.
Unilever offer is not enough according to Aberdeen Asset Management. According to Aberdeen Asset Management Plc, the offer made by Unilever Plc to pay 600 rupees per share of Hindustan Unilever Ltd is not high enough to move many of existing stockholders to sell their shares.
Spansion pays US$110 million for the microcontroller unit of Fujitsu Electronics. Spansion Inc, a manufacturer of flash memory systems for electronic gadgets, has agreed to purchase the microcontroller operations of Fujitsu Ltd for US$110 million.
Barclays is seeking to find more deals in Turkey. Barclays Plc, the third highest adviser for US stock offerings in 2013, is looking for more deals in Turkey after it had helped airline Pegasus Hava Tasimaciliigi AS during its IPO last year.
Softbank will not modify the terms of its offer according to billionaire founder Masayoshi Son. In a statement, Softbank Corp said that its offer for 70% of Sprint Nextel Corp at US$20.
Best Buy, in a cost cutting move, has dissolved the partnership with Carphone Warehouse Group. The GBP 500 million or the US$775 million sale is an indicator that Best Buy, the world's biggest consumer electronics chain would be scaling back its operations overseas to focus on US business.
CMI pays US$500 million for assets in El Salvador, Guatamela, Nicaragua and Panama. Telefonica of Spain has entered into an agreement to sell off 40% of its assets in four different countries in Central America to Corporacion Multi Inversiones (CMI).
Unilever offers 600 rupees per share of Hindustan Unilever shares. Consumer goods conglomerate, Unilever Plc, has tendered an offer to pay as much as US$5.
The British government's ownership sale over Lloyds Bank is now being awaited when shares hit 61 pence or more.
Langham Hospitality to offer IPO in Hong Kong. Langham Hospitality Investments, a trust fund supported by Great Eagle Holdings Ltd hotels, is projecting revenues as high as US$700 million when it undertakes its initial public offering in Hong Kong.
Equiduct Systems gets new capital infusion from new investors. Equiduct Systems had obtained capital infusion from new investors such as BNP Paribas SA and Winterflood Securities.
In an effort to increase dividends, Suncor CEO undertook a share buy back program. The largest energy company by market value, Suncor Energy Inc announced that it would buy back nearly Can$2 billion or US$1.
Millenial Media's current fiscal situation may attract known technology companies such as Yahoo, Microsoft and Facebook.
Intel CEO sends letter to FCC Chairman throwing support to the Softbank bid. Paul Otellini, the CEO of Intel Corp has sent a letter to the Federal Communications Commission vouching for his support for SoftBank's bid for Sprint Nextel instead of the Dish Network's unsolicited bid.
KMG Chemicals has purchased OM subsidiaries located in the United States, United Kingdom, Singapore and France.
Highmark finalizes West Penn Allegheny Buy Out at US$0.875 to the dollar. Highmark Inc, one of America's largest health insurers, had announced the completion of a bondholder buyout in the amount of US$604.
Softbank, despite its standing merger agreement provisions, allows Sprint to conduct discussions with Dish.
Opsona Therapeutics raises US$44 million for OPN-305. Opsona Therapeutics has raised Eur33 million or US$43 million in Series C financing that was oversubscribed.
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