The IDB investment in Saudi Arabia's cheese industry includes the acquisition of shareholdings and the construction of a cheese factory.
Tags: Investment
NorthEdge Capital invests in Fine Industries
NorthEdge Capital invests GBP25.5 million in chemicals manufacturer Fine Industries Ltd of the Teeside, UK area to boost the company's presence and production for its future.
Monroe Capital welcomes new Los Angeles office managing director
Bradley Nii was introduced by Monroe Capital LLC as its new Managing Director for its Los Angeles office as well as its new Group Head for the Southern California region.
Hedge funds find their way to invest in municipal debt market
Hedge funds are now entering the municipal debt market, finding a veritable gold mine in value but may provide more problems in the long run as to the temporary nature of the investments.
Norway's opposition Labor Party seeks to prevent investment areas for its coal fund
The Norwegian oil fund sought prevented from investing in specific markets. The opposition Labour Party of Norway had proposed a ban on the country's USD800 billion wealth fund from investing in coal producers.
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Morgan Stanley, in the wake of outrage from bailouts in the last crisis, is seeking investments that provide long term social benefits for the community.
Equifax Credit Information Services would receive an undisclosed amount from SBI as an investment. Equifax Credit Information Services, the India-based credit information bureau, announced that State Bank of India would be making an investment in the company.
Despite saying the deal is finalized, a Dongfeng executive said it may take a bit more time before its completion.
Green Highland Renewables receives a GBP9.3 million investment from Albion Ventures for the development of a hydroelectric project.
Fresh investments were promised by BP and Reliance Industries in oil and gas. The top executives of BP and Reliance Industries, CEO Bob Dudley and Chairman Mukesh Ambani respectively, jointly promised fresh investments worth up to USD10 billion in oil and gas.
According to Previ CIO, the goal of the investments is not diversification and not returns. The largest pension fund in Latin America, Banco do Brasil SA, would be investing in US and European stocks.
Prime Ventures invests in mobile games platform AppLift. An additional investment of USD7 million from Prime Ventures was received by mobile games marketing platform AppLift.
Yahoo, which owns 24% of ecommerce giant Alibaba, reaps revenues prior to the IPO. Yahoo's investment in Chinese e-commerce firm Alibaba Group Holding Ltd was sufficient to keep Wall Street happy despite the continued struggle in the third quarter for advertising revenues, The shares of Yahoo increased by 1% to USD33.
Maintenance, repair and overhaul firm Ascent Aviation Services Corporation receives capital infusion from private equity firm LongVue Capital.
