Congo's Inga 3 project has received commitments to be built to address current shortfalls and future rising demand for electricity in Africa.
Deals
Golden Equity Investments Acquires Goosecross Cellars
Golden Equity Investments purchases boutique winery Goosecross Cellars. Golden Equity Investments, a private equity firm based in Golden, Colorado, has acquired the luxury winery that is situated at Yountville, California, Goosecross Cellars.
Clearwire's Class A Shareholders to decide on deal
Clearwire's Class A shareholders to decide on the deal for Sprint. Clearwire Corp's share values hovered above the current bid price of US$2.
Dar Al Arkan Prepares for Sukuk Issue
Dar Al Arkan prepares for benchmark sized sukuk issue. Dar Al Arkan Real Estate Development Company of Saudi Arabia is in the midst of preparations to sell a benchmark sized Islamic bond or sukuk.
UK's Oakfield Capital Partners Attains its First Close
Oakfiled Capital reaches record amount through capital investments. The private equity firm that focuses its investment in small and medium sized businesses in the United Kingdom, Oakfield Capital Partners, related the first close of the United Kingdom Special Situations Fund securing GBP6 million firm in commitments.
Latest News
Japan opens fund for Africa Resource Projects Japan is planning to grant US$2 billion financial support for Japanese firms in the next five year. The available funding would enable them to continue their natural resources development projects in Africa.
Loeb shares insights on its investment ideas on Japan and his style. Daniel Loeb, the billionaire investor is not one to shy away from a good deal but as of the moment, he has his eyes set on Japan.
Billionaire Victor Pinchuk files for breach of contract and breach of trust against fellow Ukranian moguls.
Saudi Arabian shares increase led by property and petrochemical companies. The majority of the increases in the benchmark stock index of Saudi Arabia was attained in the last four months.
TML Holdings Pte Ltd has extended senior notes with a maturity on 2018. According to Tata Motors Ltd, its subsidiary TML Holding Pte Ltd had extended and budgeted S$350 million or US$280 million of senior notes that has a maturity on 2018.
Emirates forges partnership with PSG to the 2018/2019. A new sponsorship deal was recently announced by recent French Ligue 1 champions Paris Saint-Germain and Emirates Airlines.
Qatar Holding would be investing in the Porta Nuova Project in Milan. Qatar Holding have announced that it would be acquiring 40% of a US$2. 56 billion real estate project located in Milan, Italy.
Milagro Oil and Gas Inc formed from the exchange offer agreement between Milagro and Vanquish. A newly formed corporation would be formed from the transfer of all the assets of Milagro with Vanquish Finance.
Tata Sons pulls IPO of its telecommunications unit citing lack of sufficient demand. The promoter of Tata Teleservices (Maharashtra) Ltd, Tata Sons Ltd of India, had announced the cancellation of a share auction it had launched for the telecommunications firm.
