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.
Sectors
Patterson Companies acquires stock of National Veterinary Services for GBP87.5 million
Patterson Companies acquired stock of National Veterinary Services for GBP87.5 million. Patterson Companies, Inc. announced that it would be acquiring stocks of National Veterinary Services (NVS).
Tokyo Stock Exchange President revives Japanese market through IPOs
Tokyo Stock Exchange Inc. President Akira Kiyota wanted to revive the Japanese markets by targeting more initial public offerings.
Zion Oil and Gas Inc wins one-year exploration license extension in Israel
Zion Oil and Gas Inc obtains one-year exploration license extension for its Asher-Menashe enterprise in Northern Israel.
Serodus merges with Phlogo to expand portfolio
Serodus merges with Phlogo to expand portfolio Serodus ASA announced its plan to merge with Phlogo ApS. The merger would enable Serodus to speed up its commercialization and development strategies.
Latest News
Kenya's stock exchange, plans to introduce derivatives and real estate investment trusts after equity trading volumes declines
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 announced that they have reached an agreement to sell its investment management business in South Korea to Macquarie Group
Cukurova Holding AS has won its legal battle against Alfa. Cukurova Holding AS won its legal battle against Russian Alfa Group over Turkcell Iletisim Hizmetleri AS, Turkey's biggest mobile-phone operator.
ZTE announced that they were awarded a contract for 3G wifi router ZTE announced that they were awarded a contract to provide the Middle East's fastest growing telecom service provider du with its 3G Wi-Fi Router called the MF29.
Kymeta raised US$50 million new financing. Kymeta, a Redmond-based satellite antenna developer that is not even a year old, showed signs of quick growth.
Patriot Capital's latest PE fund raised US$250 million. A small business investment company (SBIC) fund was recently closed by the Patriot Capital Family of Funds.
OAO Pharmstandard stated they would buyout disgruntled investors at a discount. Russia's biggest pharmaceutical company, OAO Pharmstandard, shrunk the most since May 2009 after its plan to buy out unhappy investors' shares at a discount was revealed.
Kreative Ventures Limited announced that they have acquires additional shares in Augustine Ventures Inc.
