The Philippines NEDA Director said that the administration will be easing its restrictions on foreign investments.
Regions
Praesidian Capital lends Meta Pharma $7.5 million
Meta Pharmaceutical Services received a US$7.5 million loan from Praesidian Capital. Mezzanine capital provider for small and medium sized firms Praesidian Capital announced today that it steered a US$7.
Japanese beauty company buys fourth plant
Nippon Shikizai invested on its fourth plant in Japan. Nippon Shikizai Inc. , a makeup, cosmetics, and skin care producer from Japan, announced its plans to invest in a new plant in the country to be finalized early next year.
Legal & General gains control over UK real estate
The UK NEST gave Legal and General Investment Management mandate over real estate asset allocation. The United Kingdom's National Employment Savings Trust or NEST deployed a scheme involving a 20% member asset allocation to a real estate fund.
Blackstone Expands by Lending US$5 Billion worth Houses to Landlords
Blackstone Group LP would expand its business by lending US$5 billion worth of distressed houses to landlords.
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Investors from France are cutting back on investments due to fears of high interest and foreign competition.
Vue Entertainment sells bonds for LBO funding The cinema operator Vue Entertainment Ltd. planned to sell bonds on a meeting with investors. The proceeds of this bond sale would be used to fund the company's leveraged buyout.
BAIC Group revealed they plan to expand inside China and in Europe. BAIC Group, the Chinese partner of Daimler AG and Hyundai Motor Co, plans to acquire one or two domestic automakers this year, in a statement released by its chairman, Xu Heyi.
Fiat announced today that it will increase its stake on RCS Mediagroup. Fiat's chief executive officer Sergio Marchionne announced today that the carmaker from Italy will increase its stake in depreciating publisher firm, RCS Mediagroup.
A group of Alere shareholders expressed their desire to exit its non-core businesses and wants support at its annual board meeting.
Synagro Technologies and its main stockholders agreed to sell the company to EQT Infrastructure II through a plan of reorganization.
Renault and Donfeng Motor Group hoped to close a deal worth US$1.6 billion this month. On Monday, Renault, a French carmaker, and Dongfeng Motor Group hoped to end up with a deal later this month.
TPG was about to purchase TSL Education for GBP400 million because it was attracted by TSL's network of 52 million teachers.
Nairobi Securities Exchange offered exchange-traded funds for individual investors. The Capital Markets Authority said in an emailed statement that the Nairobi Securities Exchange would be offering exchange-traded funds.
