Aerospace manufacturing and energy-focused product and service provider Curtiss-Wright Corp announced that it had closed its acquisition of Arens Controls, LLC, a vehicle control and power management solutions company.
Investors
South African mobile operators share values and rates cut by regulator edict
Vodacom Group, MTN Group and Telkom would have their respective fortunes change because of the latest regulatory guidelines issued in South Africa.
Xylem appoints 'Bala' as Managing Director of India unit
Xylem appointed H Balasubramaniam as the company's managing director for its India operations. Xylem Inc was born as a spin off from ITT Corp. Xylem is a water technology company and it announced the appointment of General Electric executive H.
Time Warner Cable purchases DukeNet to expand into Southeastern US
DukeNet serves as the gateway to the Southeast United States, thus an acquisition of this magnitude was an easy choice to make.
US Supreme Court dismisses petition from electric firms on fee charges on infrastructure use
The dismissal, which is a win for telephone companies, upheld the FCC mandated rules on fees charging and infrastructure use.
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OpenGate Capital, LLC got support from Backbone Capital Advisors, a financial advisory services firm, to follow through the completion of its buyout of PennySaver USA.
The fund, projected to be between USD500 million and USD750 million, was closed by the firm at USD812 million worth of capital commitments.
Oil and gas energy company First Titan Corp was reportedly at the end of closing its acquisition deal of a potentially profitable oil zone based in Hardin County, Texas.
Jack Priestman was appointed as Analyst into Silverfleet Capital. European private equity firm Silverfleet Capital had announced the appointment of Jack Priestman as an Analyst in its London office.
Ingo Money received growth equity funding of an undisclosed amount from Camden Partners. Ingo Money announced the growth equity investment it had received from private equity firm Camden Partners.
A spokesman for Yury Kovalchuk said the billionaire was thinking of buying a stake in Tele2 Russia and putting some of his shares in Sobinbank for sale.
Sonatrach's purchase of Petroceltic International's Algerian assets increased the value of the latter's stock.
The Coors family had opened up its growth plans for Outlast Technologies' temperature-controlling technology.
Private equity firm Inflexion bought On The Beach for GBP 73 million from Isis Equity Partners. UK-based private equity firm Inflexion purchased online travel agent On The Beach for GBP 73 million or USD 11.
