Deals
Jaiprakash Power to sell hydropower plants to Abu Dhabi National Energy Co- sources
Sources told Bloomberg that Jaiprakash Power Ventures would be selling its hydropower facilities to Abu Dhabi National Energy.
Goldman Sachs Group sells 7 million shares of LEG Immobilien
Goldman Sachs Group raised EUR 289 million from selling 7 million of shares in German property company LEG Immobilien.
Wayfair appoints new CFO in midst of IPO preparations
Former Warner Music Group executive Michael Fleisher, who had experienced leading public listings, was appointed by Wayfair LLC as its new chief financial officer.
Reckitt to begin review of potential exit from its pharmaceutical Unit
Reckitt Benckiser Group Plc would be reviewing options for its pharmaceutical business, including a potential exit, according to a Bloomberg News report.
Latest News
Itqan Capital and partner D3 Consultants unveiled plans to launch an education-focused private equity fund in the Gulf region.
Telekom Austria, Deutsche Telekom and Hutchison Whampoa's Three have cornered the majority of the LTE spectrum in the region.
With its consortium, Petrobras leads to extract the oil from the Libra pre-salt mine. A consortium led by Petroleo Brasileiro SA had landed a license to develop the largest oil discovery in Brazil under terms that had exceeded projections.
Achilles Macris, former CIO of JPMorgan, said he was denied due process for he was denied the opportunity to respond to the allegations.
A soon to be named company would comprise of 7,300 miles of pipeline and storage and trucking facilities.
In a letter to presiding judge Sam Glasscock III, Apollo Tyres lawyer sought the dismissal of the case filed against them by Cooper Tire & Rubber Co.
Kior, the operator of the first US biofuel plant, had received financial commitments amounting to USD100 million.
With 90% of Canada Bread Co in Maple Leaf Foods Inc's name, the latter is seeking options for the divestment of the said asset.
Green Highland Renewables receives a GBP9.3 million investment from Albion Ventures for the development of a hydroelectric project.
French frozen baking industry leader Europeene des Desserts was recently bought out by Equistone Partners Europe Ltd's Fund IV.




