Investors
Enstar gets 60% share in Torus Insurance in blockbuster deal
Enstar Group pays US $692 million in order to control the reins Torus Insurance Holdings Ltd. Enstar Group, a management and consultancy firm specializing in insurance, announced the completion of the agreement that allows it to control management of Torus Insurance Holdings Ltd.
Greece Gets Release of Eur3 billion worth Aid, Remains Lashed to Tightness
European governments agreed to release aid for Greece worth Eur3 billion as they continued to seek for enough financial calm.
Two Financing Firms Invest US $10 million in Convene
Boathouse Capital and Tamarix Capital each shelled out US $5 million to und Convene. Convene, New York City's largest conference center, completed the fourth funding round by raising additional US$10 million which will be used to fund its expansion plans.
Scanbio Buys Norwegian fish oil manufacturer, Biokraft AS
Scanbio Marine Group buys Biokraft; a deal that will allows them to boost their operational efficiency and enhance their service to the largest aquaculture companies in the world.