Asia's richest man, Li Ka-shing made several investments in Europe which are now starting to pay off.
Investors
Mark Creasy dispatches part of his mining assets to Windward
Mark Creasy sold a portion of his early-stage mining assets to Windward. Mark Creasy, an Anglo-Australian millionaire worth US$764 million, was selling to Windward Resources his early-stage mining assets.
Tatton Capital buys Prism Capital Management
Tatton Capital revealed that it has bought out Prism Capital Management, enhancing its adviser presence in the UK.
Indonesia's TPSF shareholders to give up stake in company for KKR
Controlling shareholders of Tiga Pilar Sejahtera Food signed an agreement that allows KKR to acquire 9.5% stake in the company.
Has Microsoft lost its “touch”? Surface RT brings the company woes
It may seem that Microsoft has lost its “touch” as its Surface RT brought the company woes. Microsoft was in a dire straits recently. The company had a pretty rough week.
Latest News
Health IT sector recorded US$623 million in investments made towards the sector in the second quarter of 2013.
Nan Fung planned buy a stake in Forterra Trust to increase its market share. Nan Fung planned to acquire abount 30% stake in Forterra Trust. The Hong Kong property developer will pay SGD$226.
Ajay Piramal Group announced that India Venture Advisors is launching a INR1,000 crore fund that targets early-stage healthcare companies.
Sifca Group announced that it is pushing forward a plan that will see US$420 million invested into West Africa.
Sources stated that Extended Stay Hotels is preparing for an IPO later this year. Sources stated that Extended Stay Hotels is preparing to sell stakes in the company to the public.
Alcresta announced that it had raised US$10 million to accelerate production and commercialization of its drug that helps cancer patients.
RIL announced that it is to invest a further US$5 billion in US-based shale gas business. Reliance Industries Ltd. revealed that it is going to invest more than US$5 billion over the next three years in its US-based shale gas enterprise.
BAIC Group stated that it is planning to buy assets from Fisker Automotive Inc. to enhance its own electric vehicle development.
Minnesota firms urged Gov. Mark Dayton's administration to support an idea for a fund that will support smaller Minnesota businesses.
