The Children's Investment Fund demanded European Aeronautic Defence and Space Company to sell the 46% stake the latter holds in Dassault Aviation.
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Sale of smart sensors to reach US$6.9 billion in 2018
Researchers said that the sale of smart sensors would reach US$6.9 billion in 2018. University of California Professor, Steven Glaser, hoped to build the world's biggest sensor network.
Krung Thai Asset Management announces THB 28 billion or USD 891 million-IPO from Thai real estate firms by year's end
A Thai-based fund manager announced that two leading real estate firms in Thailand plan to raise THB 28 billion or USD 891 million in an initial public offering scheduled by the end of this year.
Veto of Apple verdict to upend patent war
Obama administration's ruling that overturned the global trade decision against Apple promised to upend the battles on patent.
African Bank Investments announces sale of retail furniture business to boost balance sheet
African Bank Investments announced it would sell its retail furniture business to strengthen its balance sheet hit by slow demand and increasing bad loans.
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AXA Private Equity, NTT Communications, and Arkadin International have agreed on NTT Communications' acquisition of a majority stake in Arkadin.
Pennon Group announced that they had hired Ian McAulay as chief executive officer of Viridor Limited and executive director with the Pennon Group Board.
The opposition bloc in Norway stated that the government of Norway needed to revisit its US$740 billion sovereign wealth fund to improve its returns.
EMIS Group announced that it had acquired Digital Healthcare Limited for GBP3.1 million. The EMIS Group's board of directors announced it had acquired Digital Healthcare Limited.
The Nigerian federal government created a committee to enhance both private equity and venture capital investments across the country.
A KKR executive revealed that his firm was keen on investing in structured debt and mezzanine deals in Australia.
Northstar Group announced it had bought ERA Realty Network for US$100 million. Northstar Group, an Indonesian private equity firm, revealed it had obtained ERA Realty Network for over US$100 million.
Microsoft cut the Surface pro tablet's price by US$100 after the tech giant revealed that marketing the tablet cost more than the earnings it brought in.
Howard Bicker, the head of Minnesota Retirement Fund, announced his retirement, leaving the agency in search of a replacement.
