Rothesay Life Insurance, the British insurance operations of Goldman Sachs Group, had agreed to sell 30% shareholdings to GIC and Blackstone.
Investors
Edge Products files for Chapter 9 protection
Edge Products filed for bankruptcy, a court filing showed. A court filing revealed that Edge Products had filed for bankruptcy under Chapter 11. The company is a manufacturer of aftermarket performance electronics for vehicle industry.
Edge Products seeks bankruptcy protection
Edge Products, the manufacturer of high quality parts for vehicle manufacturers, recently filed for Chapter 11 bankruptcy protection.
Malaysia Airports Holdings raises MYR 500 million in sukuk for terminal
Malaysia Airports Holdings was able to gather MYR 500 million from its sukuk issuance for the construction of its budget airlines terminal.
TMG sells ProSiebenSat stake, raises EUR 391 million
Telegraaf Media Group (TMG) was able to raise EUR 391 million by selling its non-core stake in ProsiebenSat 1.
Latest News
Sources said NTT DoCoMo would finally start offering Apple's iPhones to its Japanese subscribers.
Sources told Reuters that KKR would be favored by Panasonic to acquire a majority stake in its healthcare business.
Banca Carige was advised by the Bank of Italy to make changes in policy and personnel as it prepares for regulatory changes for next year.
The Vehicle Production Group is under new management as AM General purchased the DOE denominated debt.
Sources told Reuters that Suntory would be acquiring two drink brands of GlaxoSmithKline in a deal worth more than GBP 1 billion.
Italian investment company Azimut inked a joint venture partnership for Brazil with Legan Administracao de Recursos.
An Italian newspaper reported that the Italian government preferred the merger of Telecom Italia with Spain's Telefonica than have Naguid Sawiris acquire a stake in the firm.
According to a recent Lipper report, there have been fifteen weeks of outflows recorded for 2013. There is a continuous decline in the outflows from US municipal bonds, with numbers dropping below USD1.
The Vaca Muerta oil field is set to be offered for bids by the regional authority of Patagonia, Argentina.
