Trustees will gain control over Ma' ariv if Shlomo Ben-Tzvi decides to stop backing the newspaper.
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Citigroup's private equity firm to acquire India's Sansera for US$56 million
Citigroup's private equity firm, Citi Venture Capital International would buy India's Sansera Engineering for US$56 million.
We need $300B to power Africa - IEA
In a conference held today, the IEA said that they need US$300 billion to finance the Power Africa project.
Signal Hill sponsors Launchpad
Signal Hill sponsors Boston-based Launchpad Venture Group. In an announcement today, investment bank Signal Hill said that it became a major sponsor of Launchpad Venture Group.
UK is Africa's number one M&A investor
In a recent study, the United Kingdom leads the merger and acquisitions investments in Africa. Companies from the United Kingdom have made the most investments in mergers and acquisitions in the African continent within the last 10 years, according to a study made by Freshfields Bruckhaus Deringer.
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Due to a newly created rule, alternative investment market trusts can now be captured in investment savings accounts.
Brookfield named Kim Redding as its new chief investment strategist. Brookfield Asset Management, an alternative asset managing firm, announced today that it appointed Mr.
According to J.P. Morgan, Dubai Holding could earn about US$1 billion by selling its minority shares in two telecom firms.
The United States' wealthiest universities are eyeing Africa as their latest investment nest. Several of the United States' most profitable universities are looking towards the other side of the world to acquire outsized investment returns for scholarship funding.
Online coupon site Retailmenot expected to raise about US$200 million in an initial public offering.
Standard & Poor downgraded SoftBank because of the financial risks it took in buying Sprint. Standard & Poor cut SoftBank Corp's debt rating to two levels to "junk" status.
Virgin completes purchase of Tigerair's 60 percent stake naming chief executive John Borghetti chairman.
Predixion raised US$20 million worth of Series C investments. (CORRECTION: Description of Accenture was changed from BPO powerhouse to Global consulting powerhouse.
Meta Pharmaceutical Services received a US$7.5 million loan from Praesidian Capital. Mezzanine capital provider for small and medium sized firms Praesidian Capital announced today that it steered a US$7.
