Malaysia will implement a new policy that will selectively allow foreign auto makers to manufacture small passenger cars, according to the chief executive officer of a trade ministry unit.
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Indian IT firm Global Economic Advantage purchases Samtel Engineering
India-based IT and engineering services provider Global Economic Advantage Pvt Ltd purchased Samtel Engineering and Sourcing Solutions Pvt Ltd including its wholly owned German unit for an undisclosed sum.
Frontier markets competitive in providing 'long-term capital' - report
Private equity firm Leopard Capital is an opportunistic investor that prefers to invest in frontier markets in Asia where it can be competitive in giving long-term capital, co-founder Ken Stevens tells Forbes contributor Jon Springer in an interview.
Belgian firm Solvay offers to buy bankrupt Plextronics in $32.6M deal
Brussels, Belgium-based chemical firm Solvay SA offered to buy Pennsylvania, US-based conductive polymer maker Plextronics Inc in a $32.6-million deal amid a Chapter 11 filing by the latter.
Private Equity Headhunters announces upgrade of executive search platform
Private equity-focused executive search platform Private Equity Head Hunters has upgraded its executive platform that helps executives and recruiters save time and make the recruitment process more effective.
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Epom, an ad serving and ad management solutions provider, said it received $7 million in a private investment pool for product improvement and new product development.
A report on Pensions & Investments said 2014 is set to be a very busy year for hedge fund launches because of factors like having experienced teams gearing to form their own companies and having available seed money, among others.
Los Angeles, US-based startup BEZALEL launched a crowdfunding campaign via Kickstarter to raise $35,000 for the development a portable wireless charger for smart devices called ARK.
The Bank of Finland said that digital currencies like the Bitcoin cannot be considered an official currency but is more comparable to a commodity, Bloomberg reported.
Singapore-based private equity firm Nalanda Capital has increased its holding in Mumbai, India-based underwear manufacturer Lovable Lingerie Ltd to 8.79% in a deal valued at $3.25 million.
New York, US-based public holding company RCS Capital Corp entered a deal to buy Atlanta, Georgia-based investment banking firm JP Turner & Company for an undisclosed sum.
Private equity giant Warburg Pincus LLC will be acquiring a majority stake in Source, an asset management firm based in London for an undisclosed amount, Bloomberg reported.
Toronto, Canada-based commercial real estate services firm Avison Young bought Columbus, US-based firm PSB Realty Advisors for an undisclosed amount and opened a new office there.
Henrique de Castro, Yahoo's No. 2 chief who recently got fired, received a much higher compensation than other executives and even his boss Marissa Mayer when he was hired in 2012.
