In an attempt to lure investors, Monte dei Paschi removed the bylaw stating that other investors will own no more than 4% of total shares
Investors
Joint venture LCS-Westminster to invest more in continuing care retirement communities
LCS-Westminster revealed plans to invest more into retirement communities amid difficulties in the sector.
MedImpact obtains ScriptSave from Medical Security Card Company
MedImpact acquired ScriptSave and its co-pay system to help the firm improve its services. MedImpact Healthcare Systems, Inc. , the United State's biggest privately held supplier of pharmacy benefit management services, announced acquisition of Medical Security Card Company's ScriptSave from Charlie Horn, its founder, and private equity investor, Monitor Clipper Partners.
Private Equity deals in Israel down 50% in the first six months of 2013
Reports state that private equity investments in Israel in the first half of 2013 have dropped by as much as 50%.
Cudos Capital acquires cloud provider Navatar Group
Cudos Capital revealed that it acquired Navatar Group to help the firm expand its services. Navatar Group, a leading cloud provider for financial companies, announced that Cudos Capital AG has effectively acquired Navatar Private Equity CRM.
Latest News
Barrick temporarily stopped the construction of the controversial Pascua-Lama gold mine project due to a court suspension issued last Monday.
The acquisition of Acumen by Deltek provides enhanced planning capacities for companies giving them better control and management.
Denmark advised Danish banks to disregard the European directive to reduce exposure charges The European Parliament, in an attempt to align with the Basel Committee on Banking Supervision's regulation, passed a directive that will simplify the risk calculation for small- and medium-sized business loans.
The Illinois-based company receives an order amounting to US $87 million, which propelled its share prices.
AirTight Networks get US $10 million funding following a series D financing round. AirTight Networks raised US $10 million after the close of a series D financing round.
The South Korean steel making company pulls out from deal to put up US $5.5 billion plant after land acquisition became difficult.
Amadeus Capital Partners achieved first close for Amadeus IV Digital Prosperity Fund with MTN as major investor.
The opening up of the Indian forex market has allowed the stock exchange to further grow in recent times.
The London mayor has pushed aside sentimentality for the Heathrow airport to create a new borough. London Mayor Boris Johnson is chucking sentimentality out the window when he announced the plan to transfer the historic Heathrow airport.
