Itau Unibanco bought 99.99% of BMG Seguradora. (Photo : Reuters)The image is an Itau Unibanco branch, the top global debt manager. The largest private sector bank in Brazil, Itau Unibanco Holding SA, had entered into an agreement to purchase insurance firm BMG Seguradora SA for the price of 85 million reais or US$39 million.
Tags: Investment
China-Pakistan bond strengthen after pipeline investment
After China's interest in the Pak-Iran pipeline project, the ties between the two countries are said the have been strengthened.
Zimbabwe's public investment firm eyes lisitng
ZMDC is considering getting listed at the Zimbabwe Stock Exchange, said the mines minister. (Photo : Reuters)These are flags of Zimbabwe. The government of Zimbabwe is considering listing its state controlled interest mining vehicle Zimbabwe Mining Development Corporation on the Zimbabwe Stock Exchange.
Garland's 888 Fund seeks China's super rich
John Garland created an 888 Fund which aims to attract the wealthiest investors in Asia. (Photo : Reuters)This is an Australian dollar. John Garland, a businessman from Perth, Australia, formed an investment fund in an attempt to attract Asia's wealthiest investors to the Australian market.
French investment firm Idinvest backs KLS Partners
Indinvest Partners acquired a stake in KLS Partners. (Photo : Reuters)This is the corporate logo of Idinvest. Idinvest Partners, a private equity firm from France, purchased a stake in KLS Partners.
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Partners Group made a $270 investment into tech company CSS Corp. (Photo : Reuters)This is the logo of Partners Group. Partners Group has bought a majority stake in global technology support firm CSS Corp worth US$270 million.
Sharp has received the remaining $60 million of Qualcomm's investment, making the latter the third largest investor in the company.
Osprey Capital announced it made a 35% investment into Mansard Capital. (Photo : Reuters)This is the logo of Mansard Capital. Osprey Capital Limited, a venture capital firm from the United Kingdom, has announced an investment of 35% in Mansard Capital.
TA Associates announced acquisition of a minority stake in Fractal Analytics through a US$25 million investment.
Investors are pulling back from placing bets on emerging markets due to risks brought about by China.
Solarworld set to receive Qatar investment amounting to Eur35 million to become a shareholder. SolarWorld, in an announcement, said that it is seeking the backing of a number of bondholders for assistance in a debt restructuring program to allow Qatar to become a new shareholder in the company.
Warburg Pincus is set to form an investment fund for Delonex Energy and its plans for oil exploration in Africa.
Etihad Airways has forged an agreement with JAT Airways of Serbia. (Photo : Reuters)The image is the corporate logo of Etihad Airways. Etihad Airways of the United Arab Emirates has entered into an preliminary agreement with the government of Serbia as to a possible equity investment by the Gulf region airway in the country's JAT Airways.
With more companies opting to return earnings through dividends. economic growth now falls squarely in governmental action.
