Victory Park Capital sells Ascent Aviation Services to LongueVue Capital

Victory Park Capital sold its portfolio company Ascent Aviation Services Corp to LongueVue Capital Partners.


Google agrees to back Silver Ridge Power with USD 103 million investment

Technology giant would be making a USD 103 million investment in Silver Ridge Power's Mount Signal Solar project.

Fingerprint Cards acquisition a groundless rumor - Samsung

Samsung Electronics Co Ltd issued a statement to deny reports of its acquisition of Fingerprint Cards AB for USD650 million.

Deutsche Bank and Russian Direct Investment Fund infuse funds into Rostelecom

A total of USD237.1 million was given to Rostelecom by Deutsche Bank and Russian Direct Investment Fund for over 72 million Rostelecom ordinary shares.


Latest News

WR Grace & Co would be buying the polypropylene licensing and catalyst division of Dow Chemical Co for USD 500 million.
Private equity-backed KIK Custom Products would be purchasing the consumer products business of Chemtura Corp in cash.
The government of Congo had plans to implement changes to its equity agreements with mining firms, which includes increasing its free stake in all new mining projects from 5% to 15%.
An African news outlet said in its report that Sanlam Emerging Markets (SEM) had started its negotiations with Nico Holdings over buying a 49% in its short-term insurance business unit Nico Life Insurance.
Retail buyouts and mergers lead by foreign exchange market broker FXCM Inc had been seen proliferating in the midst of closures of some of the biggest hedge funds in the US and European Union.
Leading Japanese trading firm Itochu formalizes latest contract with the Sultanate of Oman for oil imports.
In choosing Dubai, the Jeddah based Islamic Development Bank is ensuring the success of its first ever sukuk issue in the Middle East.
Iconic five star hotel The Savoy would be in danger of defaulting on its loan obligations should its business revenues do not improve.
Shunfeng Photovoltaic International planned to raise USD 144 million in a share sale, a regulatory filing revealed.
China-based property developer Greenland Holding Group would be co-developing the Atlantic Yards Apartment Project in New York with Forest City Ratners Cos.