Bank of Ayudhya Pcl saw its shares increased after a local newspaper reported that a financial market source said that Japan's Mitsubishi UFJ Financial Group (MUFG) proposed to buy General Electric's stake in the Thai bank for 40 baht per share.
Venture Capital
Capitol Energy Ventures Invests in Constitution Pipeline Co LLC
Capitol Energy Ventures with others are investing a total US$68 million in Constitution Pipeline Co LLC.
Fiat to Wait for Verdict on Share Valuation
Fiat would await the Delaware court verdict on the valuation of VEBA held shares in Chrysler before commencing the merger of Chrysler and Fiat.
Warburg Pincus Invests in Vingroup of Vietnam
Warburg Pincus leads a consortium to invest in Vingroup Joint Stock Co. The private equity owner of the Neiman Marcus Group Inc, Warburg Pincus LLC, would be leading a consortium that would invest nearly US$325 million in Vingroup Joint Stock Co of Vietnam.
Littlejohn Invests in Gulf Coast Shipyards
Littlejohn makes an equity investment in Gulf Coast Shipyard Group Inc. Private investment firm Littlejohn & Co, LLC, based out of Greenwich, CT had announced that it made an equity investment in Gulf Coast Shipyard Group Inc.
Latest News
VL Automotive, a venture between Former General Motors Co. executive Bob Lutz, China's Wanxiang Group and industrialist Gilbert Villarreal, is bidding to acquire Fisker Automotive through a prepackaged bankruptcy deal.
Nebras Power would invest overseas. Qatar has created a US$1 billion investment firm to expand its businesses in Barclays Plc to power and water assets in foreign countries.
GrubHub and Seamless to merge to form largest takeout delivery service company. The nation's leading service in take out orders, GrubHub Inc and Seamless North America LLC, announced on Monday the signing of a finalized merger agreement.
Alliance Boots and Walgreens cleared to invest in AmerisourceBergen. In an announcement today by Alliance Boots GmbH and Walgreens Company, it disclosed that they have received the necessary regulatory clearances for their equity investment in AmerisourceBergen Corporation, one of the biggest pharmaceutical companies in North America.
Danone to put up joint venture with Mengniu Dairy. Owner of renowned Evian water and Activia yogurt, Danone, will be spending approximately EUR325 million or US$417 million to put up a joint venture with Mengniu of China.
Congo's Inga 3 project has received commitments to be built to address current shortfalls and future rising demand for electricity in Africa.
Loeb shares insights on its investment ideas on Japan and his style. Daniel Loeb, the billionaire investor is not one to shy away from a good deal but as of the moment, he has his eyes set on Japan.
Emirates forges partnership with PSG to the 2018/2019. A new sponsorship deal was recently announced by recent French Ligue 1 champions Paris Saint-Germain and Emirates Airlines.
Qatar Holding would be investing in the Porta Nuova Project in Milan. Qatar Holding have announced that it would be acquiring 40% of a US$2. 56 billion real estate project located in Milan, Italy.
