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Sun Life: Regulatory Hurdles to Delay U.S. Annuity Unit Sale

Sun Life Financial Inc. said on Friday that the delay of its US annuity business is likely to happen as regulators conduct reviews of private investor groups.


Leonard Green eyes USIC

Leonard Green is looking to buy USIC. (Photo : Reuters)This is an image of a pipe line. Leonard Green & Partners LP, a private equity firm, is near to closing its deal to acquire United States Infrastructure Corporation.

Accel-KKR invests in Zinc Ahead

Accel-KKR announced its investmen in Zinc Ahead. (Photo : Reuters)This is an image of a scientist with life science expertise. Accel-KKR announced on Friday that it has made a growth equity investment in United Kingdom-based Zinc Ahead.

Vestas sells wind plants to Lukerg Renew

Lukerg Renew gains ownership of Vestas Wind Systems' wind power plants. (Photo : Flickr/slettvet)Google Inc. has invested around $200 million in a Spinning Spur Wind Project, a 161-megawatt facility located in Oldham County, Texas.


Latest News

3D technology provider Leap Motion partnered with Highland Capital to create Leap Fund worth $25 million.
Michael urged stakeholders of Dell Inc. to vote in favor of his buyout proposal prior shareholder's meeting next month.
Malaysia's Employees Provident Fund is considering to buy the remaining shares in RHB Capital. (Photo : Reuters)The image is the electronic board at Bursa Malaysia.
Indonesia’s IPO market overturned after foreign and local funds exit from Jakarta after being threatened with a wave of global volatility and valuations.
Medioblanca will sell stakes as part of its revival campaign. (Photo : Reuters)This is an image of Telecom Italia's logo. Italy's largest listed investment bank Medioblanca SpA is planning to sell its stakes in firms which include Assicurazioni Generali SpA and Telecom Italia SpA.
Voklswagen named Ulrick Hackenberg as Audi's new head. (Photo : REUTERS) Volkswagen AG recently announced Ulrich Hackenberg as the new head of its Audi brand, replacing Wolfgang Duerheimer.
PepsiCo India left the company today to pursue other endeavors. (Photo : Reuters)This is an image of a Pepsi product. PepsiCo Inc. 's Indian operations president Manu Anand quit his position today after serving the globally iconic snack food producer for 19 years.
Russia's Rosneft agreed to double its oil supplies to China on Friday. (Photo : Reuters)The image shows the company logo in a Rosneft petrol station.
CVC Capital received Eur7 billion in its six-month round. (Photo : Reuters)The image is the corporate logo of CVC Capital Partners. CVC Capital Partners Ltd.
Sky Deutschland's supervisory board will be joined by James Murdoch, causing the shares of the company to fall.