Simcro sells Riverside Co enough shares for the American company to control it. The Riverside Co. , a U. S. private equity firm, has made its primary entry into New Zealand, taking up a large percentage of the stake in Simcro Ltd.
Sectors
Walker Crips launches bridging finance fund
Walker Crips set a date for the launch of the country's first ever regulated bridging finance fund.
Conatus Pharmaceuticals offers 5 million shares for another IPO
Conatus Pharmaceuticals offered 5 million shares for another IPO. Conatus Pharmaceuticals Inc. announced that it will be offering 5 million shares for another initial public offering.
Tsinghua Holdings to purchase chipmaker Spreadtrum for US$1.78 billion
Tsinghua Holdings would purchase a mobile chip designer, Spreadtrum, for US$1.78 billion. Tsinghua Holdings Co Ltd, state-owned unit, would purchase Spreadtrum Communications Inc for US$1.
Eskom can't fill US$25 billion worth funding gap
Eskom Holdings SOC Ltd would face US$25 billion funding gap even if it put its bonds on sale. Over the next five years, Eskom Holdings SOC Ltd would face US$25 billion funding gap.
Latest News
Eppley planned to launch most expensive IPO in the junior stock exchange in JSE. Eppley Limited planned to launch an initial public offering on 218,999 of its shares.
Stocks for Swedish Match rose after talks of a possible takeover by Imperial Tobacco Group Plc Swedish Match AB stocks rose after reports that the company may be a possible takeover target.
BMG Pharma enters into a long-term partnership Luqa Pharmaceuticals to distribute medical products in Hong Kong and China.
A New Zealand company submitted its offer to join a New Zealand-Taiwan venture capital fund. New Zealand firm has sent an application to join a Taiwan and New Zealand joint investment fund.
China and US agreed last Thursday to reinstate a stalled negotiations over an investment treaty. China and the United States of America agreed on Thursday to restart the halted investment negotiation treaty.
Direct Energy announced that they have reached an agreement to acquire Bounce Energy for US$46 million
MPTC to acquire 60% stake claim for Medicago for US$357 million Medicago Inc announced that it has entered into a definitive agreement with Mitsubishi Tanabe Pharma Corporation (MPTC).
Biomet improved financial performance this quarter, CEO tries to prove skeptics wrong. Biomet Inc. yesrday reported another annual loss, irrespective of record sales for financial year 2013.
Oak Tree Group, which aims to build more retirement homes for senior citizens, gets US $18.3 million investment from Blue Sky Private Equity.
