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Sweden to close $880 mln private equity tax loophole

Sweden is to close a loophole used by private equity groups and others to avoid tax. Sweden is to close a loophole used by private equity groups and others to avoid tax, the government said on Friday, provoking criticism from the main business lobby.


Global Outlook: Broken China?

As we have long expected, China is beginning to decelerate. As we have long expected, China is beginning to decelerate. Recent data releases have suggested that the country's economy is undergoing a rapid and traumatic rebalancing as policymakers steer away from resource-intensive investment and infrastructure activities and toward a more sustainable consumption-driven model.

MGCC Announces $1 Million Commitment for Gloucester Engineering Co. at GEC’s 50th Anniversary Celebration

Massachusetts Growth Capital Corporation today announced a $1 million loan for Gloucester Engineering Co. (GEC).

Biovation, Maker of Organic and Sustainable Laminate Products, Receives Investment from MVC Capital

MVC Capital, Inc. (NYSE: MVC), a publicly traded business development company that makes private debt and equity investments, will invest up to $3.05 million in Biovation Holdings.


Latest News

The Babcock & Wilcox Company (NYSE: BWC) (“B&W”) has completed the amendment and restatement of its existing $700 million senior secured credit facility.
European Union competition regulators are set to put pressure on Vivendi's Universal Music to offer concessions in its bid to buy smaller rival EMI's recorded music business.
Two main shareholders of loss-making insurer Fondiaria-SAI on Friday rejected a key condition of a planned merger with smaller peer Unipol.
Nice Entertainment Group (Nice) has signed an agreement to acquire Norwegian event management company Playroom AS.
Europe's traditional phone companies are about to face more competition from a group of Nordic start-ups that will offer low-cost mobile calls and other services.
China's energy giants are slowing their purchases of overseas unconventional oil and gas assets following two years of aggressive investment.
Private equity investments in energy offer rich pickings for investors willing to take a long-term view and capitalize on global trends.
Data analysis software company Tableau Software and developer tools maker Atlassian are among several small, business software firms preparing to go public in the next 12 months.
Investcorp is seeking a loan of more than $500 million to help refinance debt due in 2013. Investcorp, a Bahrain-based investment company, is seeking a loan of more than $500 million to help refinance debt due in 2013 as it looks to head off any potential refinancing risk next year, four sources familiar with matter said on Thursday.
Over 6 million user passwords of LinkedIn was cracked. Over 6 million user passwords of LinkedIn was cracked. The hacker posted the list of hacked passwords on a website called insidepro.