SEC Studying ETF Registration Process

The SEC is seeking to find ways to ease requirements to allow less complex ETFs to be registered with the bourse.


Norway's Sovereign Wealth Fund To Become More Active

With interests in Volvo and other corporations, the sovereign wealth fund of Norway seeks to be more active in its deals and management.

Investor Group Acquires Bennett Tool and Die Co.

Private investors acquire Bennett Tool and Die Co. A conglomerate of private equity funds acquired Bennett Tool and Die Co. , Inc. The conglomerate was comprised of private investors like InvestAsia, Jefferson Capital Partners, Capital for Business and Kansas Venture Capital.

Deadline for EDAC Offer Extended

Greenbriar Equity provides deadlines for shares of stock purchase bids. Greenbriar Equity Group disclosed through an announcement released today that the subsidiary corporation of GB Aero Engine LLC and a partner of Briar, GB Aero Engine Merger will give interested acquirers of EDAC Technology's outstanding shares of common stock until 5:00pm EDT of May 6, 2013 to finalize their offers.


Latest News

Iconic Hostess Brands to return to the market after bankruptcy issues were resolved. Hostess Brands LLC disclosed plans to reopen its bakery in Kansas by summer.
Quintiles set for IPO worth an estimated at US$748.6 million. The largest service provider of testing services to pharmaceutical companies, Quintiles Transnational Holdings is expecting to price its shares between US$36 and US$40 for its public listing.
A judge of the New York State Supreme Court is set to decide on whether the buyout provision for opposing investors is legal in the Empire State REIT case.
Klovern AB issues new bonds pegged at three months STIBOR plus 4% due on 2017 with a volume of SEK 500 million.
Orkla Brands SA has purchased 90.11% shareholdings in Riber and Son ASA and is required to purchase all other outstanding shares.
Escrow.com and Artprice jointly develop processing of transactions for global online escrows in purchases using the system.
Major equity firms such as Carlyle, Pantheon and Victoria are setting up shop in Peru and Colombia. Three major private equity firms are opening up offices in the emerging markets of Peru and Colombia to ride the crest of deals that rate higher than the economic growth of Brazil.
MRI International Inc is now under investigation for false information and misleading clients not only in Japan but in the US as well.
Petromoc is mulling on IPO options as to venue and value. The Mozambique state owned distributor of petroleum products, Petroleos de Mocambique SA, is in the process of reviewing the possibility of an initial public offer of its shares either in South Africa or Europe.
BBVA's AT1 bond issue is expected to be the first of many of its kind under the new Capital Requirements Regulation in Europe.