KKR & Co. confirmed departure of one of its executives, Nicolas Cattelain while Apax Partners LLP refused to comment on said departure of its executive, Massimiliano Belingheri.
People
Indian Communications Minister to Meet with Telecom Firms to End Lawsuits
Kapil Siba, Indian Communications Minister, has called to meet different telecom companies to end lawsuits after a decrease in overseas investment transpired in the country.
Bold Bets From Thai Billionaires Loom Big Debts
Big debts are seen looming as bold bets on acquisition from two Thai billionaires totaled US$27 billion last year.
Raiffeisen Bank Int'l to tighten controls in light of latest controversy
Raiffeisen Bank International Chairman says that it would tighten compliance rules due to the latest Stepic controversy.
Whittier and Fund Manager Agree To Pay Settlement for Civil Regulatory Case
Whittier Trust Co. and fund manager Victor Dosti agreed to pay around US$1.68 million to settle the civil regulatory case filed against them.
Latest News
Wal-Mart celebrates its annual meeting and announces a share repurchase program. (Photo : Reuters)The image is the frontage of a Walmart store. Wal-Mart Stores Inc has announced plans to undertake a US$15 billion share repurchase plan during its annual workers meeting last Friday.
Football star Didier Drogba invests in a mine in his home country of Ivory Coast as his latest move after his humanitarian work.
Marchionne discounts speculation that Fiat would accumulate more debts when it purchases the Chrysler stake of VEBA.
ISS and Glass Lewis at odds as to the removal of the CEO and Chairman for real estate GSW Immobilien AG.
The acquisition of Smithfield Foods Inc. by a Chinese company has raised contradictions in the US over its benefits.
Speculations had it that SAC Capital Advisors LP will reduce the numbers of its staff but the firm's president denied said speculations through an e-mail sent out to workers.
Moneysupermarket.Com founder Simon Nixon sells nearly 15% stake of the firm, his first ever disposal since the company got listed in 2007.
CT Corp announces to buy 80% of Telkomvision stake in Indonesia for less than US$100 million deal. (Photo : Reuters)CT Corp Founder and Chairman Chairul Tanjung June 5, Indonesian billionaire Chairul Tanjung agrees to buy 80% stake in the second largest pay-TV operator in the country, Telkomvision.
Bill Gates leads investment of US$35 Billion for ResearchGate, a Berlin based network for scientists.
