Italian oil major Eni and Russia's Rosneft have both agreed to develop trading and logistics opportunities.
Investors
CVC Capital Asks Investors to Pay More for Indonesia's Matahari Department Store Chain
CVC is seeking 44% for Mahatari after Aeon terminated its offer for the retailer. CVC Capital Partners is expected to ask equity investors to invest more for PT Matahari Department Store than a tentative bid for the retailer by Aeon Co.
Knight Capital to be Acquired by Stifel Financial Corp.
The top market marker in the U.S. is expected to sell its credit-brokerage business unit to Stifel Financial Corp.
Vivendi nears sale of GVT with green light from Brazil
French media group Vivendi SA is likely to close a deal in the coming weeks to sell a stake in Brazilian telecoms unit GVT
Veteran Managers to Head New Hedge Fund
Wolfberg and Landry to join forces in new hedge fund firm. Adam Wolfberg, a veteran of SAC Capital Advisors, Diamondback Capital Management and the Galleon Group is teaming up with Steven Landry of East Bay Asset Management would launch a new hedge fund.
Latest News
RBS is expected make sale of a portion of stake in Citizens Financial Group The Royal Bank of Scotland is set to announce its plan to sell a stake portion in Citizens Financial Group Inc.
Sharp Corp., the electronics giant, is set to terminate its planned capital merger with Taiwanese business partner Hon Hai to focus on a new deal with another company.
Telrad Agrees to Purchase Alvarion BWA Telrad Networks said it plans to acquire Alvarion Ltd. 's broadband wireless access business in a $6. 1 million deal.
There are two investment plans, proposed by Farnair and Airsia, that will be put in consideration of India's FIPB.
There have been many foreign companies related to agriculture that are courting Malaysia for investment plans.
HP's growth recognized by investment brokers. Following the raising of HP's prices by JP Morgan Securities and UBS, other brokers are following suit in recomputing the value of the tech company's stock.
Datalink to expand through acquisitions. Datalink Corporation is now formulating plans to use acquisitions in order to double its sales revenue to a projected US$1 billion in the next three years.
Hamilton Lane purchases Shott Capital. In an announcement, Hamilton Lane said it has acquired Shott Capital Management. Shott is a private equity firm that provides in kind stock distribution management services to institutional investors.
Keith Anderson, former chief investment officer at Soros Fund Management is looking forward to raise up to $1 billion for his Anderson Global Marco fund.
