Blackstone and Patria Investimientos purchases shares in Gafisa's Alphaville Urbanismo. (Photo : Reuters)The image is the Blackstone Group logo. Patria Investimentos Ltda and its partner, the Blackstone Group have entered into an agreement to purchase 70% shareholdings in Alphaville Urbanismo residential-development business owned by Gafisa SA.
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Football Hero Invests in Mining Project
Football star Didier Drogba invests in a mine in his home country of Ivory Coast as his latest move after his humanitarian work.
Chinese Regulatory Authorities Unveil New IPO Rules
China's regulatory watchdog has unveiled new IPO rules. Last Friday, the Chinese government had published new draft rules designed to improve the transparency and pricing structure of initial public offers in its domestic stock markets.
Marchionne Allays Fears of New Debt for Fiat
Marchionne discounts speculation that Fiat would accumulate more debts when it purchases the Chrysler stake of VEBA.
NRG Yield to do IPO
NRG Yield, a unit of NRG Energy Inc, would be offering its Class A shares through an IPO. A unit of power generator firm NRG Energy Inc. , NRG Yield has filed with US securities regulators an application for an initial public offer of its class A shares.
Latest News
ISS and Glass Lewis at odds as to the removal of the CEO and Chairman for real estate GSW Immobilien AG.
Vodafone, to entice it to sell off its share in the joint venture with Verizon Communications, would require something between US$135 billion and US$140 billion.
Samsung lost US$12 billion market value after the slowing sales of its flagship smartphone, Galaxy S4.
On Friday, Partnership Assurance Group was valued more than US$2.4 billion in its debut at the London Market.
Macau Legend Development is seeking US$788 million initial public offering to be able to fund construction of new hotels in the country.
Partnership Assurance Group debuts in London Stock Market at GBX385 per share on Friday. (Photo : Reuters)The image is the corporate logo of Cinven, the majority shareholder of Partnership Assurance Group.
George Soros return to the Japanese market after seeing attractive signs of stability. Most investors are selling their stocks in Japan as they are worried that the country might find it difficult to recovery its economy according to sources.
Walmart and Tesco are restricted to acquire existing Indian retailers because of the new policy set by the Indian government stating foreign companies should start from scratch.
After a failed privatization attempt with the water supply in Tanzania, the country is now in talks with companies from China, India and Israel to pursue its water-supply and sewer projects.
