Sectors
Fiat and Peugeot to enter into US$900-million delivery van venture
Fiat and Peugeot entered into a US$900-million agreement to improve delivery van models. To cut costs in ageing delivery van models, Fiat SpA and PSA Peugeot Citroen has released its plans to invest more than EUR700 million (US$900 million) on new delivery van models over the next five years.
Kenya's Stock Exchange to introduce derivatives and REITs
Kenya's stock exchange, plans to introduce derivatives and real estate investment trusts after equity trading volumes declines
K.K.R. raises US$6 billion Asia-Pacific fund
K.K.R. announced that they were able to raise a US$6 billion Asia-Pacific fund Kohlberg Kravis Roberts (KKR), the U. S. private equity giant, announced that they were able raise a US$6 billion Asia-Pacific fund.
ING sells business in SK to Macquarie Group
ING announced that they have reached an agreement to sell its investment management business in South Korea to Macquarie Group