Venture Capital

Update: Sprott and CITICPE Joint Venture a No Go

Sprott and CITICPE joint venture would not proceed as planned. (Photo : Reuters)The image shows the facade of a Chinese bank operated by the CITIC Group, who also operated CITICPE HK.


Stolt-Nielsen and Sungas, Co-Owners of AGHL after Traspetrol Buy Back

Stolt-Nielsen and Sungas were now the new co-owners of AGHL after Traspetrol used its call option to buy back its shares in the company.

Yandex and Sberbank Complete Yandex.Money Joint Venture worth US$60 million

Yandex and Sberbank of Russia finalized their joint venture for Yandex.Money for about US$60 million.

Astaldi-Led unit wins US$2.3 Billion worth Bosporus Bridge Project

An Astaldi SpA-led unit would build 1.3 kilometer bridge in Turkey and would earn US$2.3 billion. (Photo : Reuters)The photo exhibits a bridge in Turkey that connects the two sides of Istanbul.


Latest News

Douglas Holding Ag was the final bidder for Sephora's rival, Nocibe after offering Euro 500 million.
Revolver Resources Inc. recently made its new investment public. This comprised of 10 million new units that was anticipated to earn US$300,000.
Emulex considered selling itself again with the hope to restore its lost stock value. (Photo : )The photo displays the logo of Emulex. Chipmaker Emulex Corp.
Impetus Trust and PEF formed a new charity as they merged today. (Photo : Reuters)These is the logo of Impetus - PEF. Impetus Trust and The Private Equity Foundation announced today that they have merged, creating a new charity called Impetus - the Private Equity Foundation.
Voestalpine hired Seimens and Mildex to build Texas plant for $713.5 million (Photo : Reuters)Voestalpine awarded a $713. 5 million to Siemens and Midrex to build Texas plant Voestalpine, the international steel company based in Linz, Austria, awarded a $713.
Statoil annnounced their plans to build new pipelines to connect 2 North Sea fields (Photo : Reuters)Statoil announced plans to build new pipeline Statoil announced that they, along with four partners plan to build an oil pipeline that would connect the Ivar Aasen aand the Edvard Grieg oil pipeline to existing oil pipelines in the North Sea.
Maersk Line merged with its major rivals and expected to boost its profit as soon as this month. (Photo : Reuters)The photo shows Maersk Line Maersk Line consolidated with its two major rivals, Mediterranean Shipping Co.
IHS Inc. was granted early termination of waiting period for its acquisition of RL Polk & Co under the Hart-Scott-Rodina Antitrust Improvements Act of 1976, subjected to the satisfaction of closing conditions.
Yardi announced today that it has acquired Pierce-Eislen, a supplier of property and market level research.
The Iraqi government may get funding from Citigroup for a proposed oil pipeline that will run through Jordan
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