Interesting investment opportunities are picking up, says 3i

Interesting investment opportunities are picking up, according to 3i Chief Executive. 3i, a British private equity investor, said Thursday that investment opportunities were starting to pick up.


Open-Xchange raises US$20 million for cloud services expansion

Open-Xchange raised US$20 million for cloud services expansion. Open-Xchange received funds worth US$20 million from United Internet, Hermann-Josef Lamberti, and existing shareholders.

REC spins off unit for US$133 million

Renewable Energy Corp ASA (REC)announced plans to spin off a business unit for US$133 million. Renewable Energy Corp ASA (REC) announced that the company plans to spin off its solar unit in a deal that was valued at US$133 million or NOK800 million.

Egypt to see more investments from Billionaire Naguib Sawiris

Egypt will be seeing more investments from Billionaire Naguib Sawiris and his family. Egypt will be seeing more investments from billionaire Naguib Sawaris.


Latest News

Threshold Power Trust announced that to raise funds for further investments, they will be taking the company public.
San Gold Corporation announced that they were able to acquire a 100% interest in mineral claims owned by Wildcat Exploration Ltd.
According to the latest data from Dow Jones VentureSource, US venture investment declines. Dow Jones VentureSource, a data service of Dow Jones & Co.
Trian Fund Management LP's CEO, Nelson Peltz said that PepsiCo should buy Mondelez for around US$67.8 billion in an all-stock deal.
Almalden Minerals Ltd announced that were able to raise US$16.9 million from their non brokered private placement
Texas firms took a breather and said “time out” on M&A activity. "Texas followed the nation in taking a breather from M&A activity in the first half of the year," said Chad Watt.
Holiday Fenoglio Fowler secured financing amounting to US $100 million for the construction of a high-rise condominium in Manhattan.
Neuberger Berman announced the launch of a new fund where it plans to invest in the Greater China Region.
Cascade Drilling announced that it had purchased Boart Longyear's Environmental and Infrastructure drilling operations.
USI Insurance Services announced that it has completed the purchase of Cohen-Seltzer Inc. USI Insurance Services announced that it has completed its purchase of Cohen-Seltzer Inc.