Archives
Accel Partners, Ventureast jointly acquire 30% stake in Indian in-home health company
Joint venture partners Accel Partners and Ventureast will own more than 30% stake in Portea Medical Group after equally investing INR48 crore in the in-home health services company.
Japan's Sumitomo Life Insurance Co to acquire stake in life insurance unit of Bank Negara Indonesia
Japan's Sumitomo Life Insurance Co said it would be acquiring a 40% stake in the life insurance unit of Bank Negara Indonesia in a deal worth JPY 36.2 billion or USD 354 million.
South Africa's Rupert offers ZAR2.34 billion to acquire ElementOne
Wealthy businessman Johann Rupert of South Aftica has offered ZAR2.34 billion to purchase ElementOne, a company which owns a large stake in Caxton and CTP Publishers and Printers, according to the Sunday Times.
Chinese stocks drops significantly over IPO relaunch by government
Investors seemed not receptive to the Chinese government's announcement to resume the initial public offerings by the first month of next year.