EnServe Group confirmed it has sold Inenco Group, its Energy division, to Vitruvian Partners in a bid to reduce its bank debt and to invest in its remaining divisions.
Investors
RBI eliminates largest bond gain, US$8 billion fund outflow extends
Reserve Bank of India's decision to increase borrowing costs eliminated the country's largest bond gains and further extended the US$8 billion fund outflow.
Bernanke's testimony causes world stock markets to waver
Bernanke's testimony caused world stock markets to waver between gains and losses. The testimony of US Federal Reserve Chairman Ben Bernanke made investors cautious.
Hollande sets out Eur3 billion in cuts as his popularity nose dives
President Francois Hollande would set out Eur3 billion in expenditure cuts and close tax gaps in face of poll slump.
China pushes to develop US$4.9 billion worth project in disputed East China Sea gas
China intend to develop seven latest gas fields worth US4.9 billion in the East China Sea, a territory claimed by Japan.
Latest News
Millionaire investor Paul Kazarian emerged after 20 years with his bid to purchase up to Eur2.9 billion of Greek state debt.
The SEBI will work closely with the PE and venture capital industry in addressing concerns. The Securities and Exchange Board of India (SEBI) planned to work closely with the private equity and venture capital firms in addressing concerns of the industry.
Wells Fargo & Company stated that it has bought US$6.05 billion worth of commercial real estate in London from Hypothekenbank Frankfurt.
Aviva Plc watched out for default red flags as US$112 billion of all the kinds of bonds matures during China's crackdown.
China's richest man planned to offer an IPO of mall business. China's richest man, Zong Qinghou, planned an initial public offering for his mall business.
France's market authority has approved Club Med's sale to consortium of French and Chinese investors.
AXA Private Equity raised its bid to EUR3.7 billion for French caterer Elior. A group of investors led by France's AXA Private Equity has increased its offer for Elior and is proposing to obtain a minority stake in the food service provider, according French daily Les Échos.
InternetQ acquired Atlas Interactive Deutschland. InternetQ announced that it has completed its acquisition of Atlas Interactive Deutschland GmbH for GBP5 million.
Bargain Booze revealed plans for an IPO for its planned southern-England expansion. The owner of Bargain Booze revealed plans to raise up to GBP65 million in an initial public offering.
