International Finance Corporation revealed it would be increasing its investments in Nigeria by 25% to US$2 billion by 2014.
Investors
Chubu Electric purchases 80% stake in Diamond Power
Chubu Electric Power Co purchased an 80% stake in Diamond Power Corp, an independent producer and supplier of power owned by Mitsubishi Corp and operates in Tokyo.
Meralco confirms interest in San Miguel Corp's power plants
Manila Electric Co (Meralco) Chairman Manuel Pangilinan confirmed his company's interest in the power assets of San Miguel Corp (SMC).
Bank Austria profit drops, loan writedowns prove boom times over
The drop in first-half profits and loan writedowns of Bank Austria proved that boom times are over in central and eastern Europe (CEE).
Warsaw Stock Exchange wants 30% stake of Aquis Exchange
The Warsaw Stock Exchange (WSE), also known as the Giełda Papierów Wartościowych w Warszawie (GPW), said it aims to purchase an equity stake of up to 30% from Aquis Exchange.
Latest News
Spanish officials sold a controlling stake in Project Bull to H.I.G. Capital for around EUR100 million.
Reports suggested that Cohen & Steers Inc. is shutting down its private equity real estate operations.
A joint venture between Tower Realty Partners, Second City Capital Partners, and the affiliates of Feldman Equities bought a 187,000 square foot St. Petersburg building for US$20 million.
YuMe Inc. revealed that it set its IPO price per share at US$9, below the company's US$12-US$14 expected price per share.
First Solar announced they acquired numerous assets from Element Power across the US and Mexico for an undisclosed amount.
Biennale of Sydney revealed that they had Julian Knights join them as a member of its board of directors.
Kovai Pazhamudir Nilayam revealed it is in advanced discussions with private equity firms to raise INR100 crore.
Rock Hill Capital revealed it had sold its stake in Blackhawk Specialty Tools to Blackhawk's management and Bain Capital.
NGL Energy Partners revealed they had elected John T. Raymond to represent EMG II NGL GP Holdings in NGL Energy Holdings' board of directors.
