Update: Sprott and CITICPE Joint Venture a No Go

Sprott and CITICPE joint venture would not proceed as planned. (Photo : Reuters)The image shows the facade of a Chinese bank operated by the CITIC Group, who also operated CITICPE HK.


Gazprombank rather wait, postpones negotiations on Swiss Franc Tier 2 Bond Deal

Russia's Gazprombank has withdrawn from the Swiss franc Tier 2 Bond deal, source revealed. (Photo : maximzimin. com)Gazprombank pulls out of deal allegedly While the third largest bank belonging to the Russian Federation, Gazprombank, has yet to give an official statement on this move, the source confirmed that the bank preferred to wait for better market conditions before continuing on with the Swiss Franc Tier 2 deal.

Stolt-Nielsen and Sungas, Co-Owners of AGHL after Traspetrol Buy Back

Stolt-Nielsen and Sungas were now the new co-owners of AGHL after Traspetrol used its call option to buy back its shares in the company.

Tesla Motors’ Stock Continues to Soar

Tesla Motors’ stock continued to soar, reaching up to 250% this year so far. (Photo : Reuters)The image shows the logo of Tesla Motors, whose stock has been performing well lately.


Latest News

MCH Group welcomed its new board members. (Photo : Reuters)The image shows the logo of Expomobilia AG, whose upcominng BOD delegate, Jean-Marc Devaud, is a current member of the Executive Board.
Montagu Private Equity bought CliniSys from ECI for 2.5 times the initial investment. (Photo : Reuters)This is the logo of CliniSys, a healthcare IT company that was recently acquired by Montagu Private Equity.
Yandex and Sberbank of Russia finalized their joint venture for Yandex.Money for about US$60 million.
The European Parliament approved a plan that would fix carbon market glut and resolve problems regarding its price plunge.
An Astaldi SpA-led unit would build 1.3 kilometer bridge in Turkey and would earn US$2.3 billion. (Photo : Reuters)The photo exhibits a bridge in Turkey that connects the two sides of Istanbul.
Gold Horizons Mining and Atlantis Gold SAC joint venture receives offer (Photo : Reuters)The image is the logo of Gold Horizons Mining, which receivend an offer for joint venture with Atlantis Gold SAC.
Royal Bank of Scotland Group Plc's competitors were eyeing its defined retail merchandise and equity derivatives trade after being bailed out.
Angel investors in India opposed a new three-year lock in rule by Sebi. (Photo : Reuters)This is an image of the Indian flag. The biggest angel investor group in Asia, India Angel Network, stated its apprehension over Sebi's proposal to do a lock in period for angel investors lasting three years.
Indian billionaire Jhunjhunwala bought a stake at Firstsource Solutions. (Photo : Reuters)This is billionaire Jhunjhunwala. Indian billionaire Rakesh Jhunjhunwala acquired a 3.
Douglas Holding Ag was the final bidder for Sephora's rival, Nocibe after offering Euro 500 million.