China recommends investment in state social fund

Dai Xianglong of the National Social Security Fund recommends state controlled enterprises In a quote of the National Social Security Fund council's party secretary, he is proposing that Chinese state-owned enterprises transfer 30% of their capital gains and ownership shares exceeding 51% to the fund.


Agila Biotech and Pfenex Inc Enter Into A Joint Venture

Agila Biotech and Pfenex Inc enter into a joint venture for development of multiple sclerosis drug development.

Vintage Capital offers to acquire Anaren

Vintage Capital prices Anaren shares at US$23 per share in its purchase offer. Vintage Capital Group LLC, the investment firm has offered to purchase Anaren Inc for the price of US$23 per share.

Biosev Offer Money Back Guarantee at IPO

Biosev SA, to ease concerns about Brazil's equity market, offers a money back guarantee for its IPO.


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The Mexican Federal Competition Commission has disallowed Pfizer from using Pfizer baby food brands for twenty years.
According to Dish CEO, the offer to purchase Sprint-Nextel is not contingent on the outcome of the Sprint-Clearwire negotiations.
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Hochtief AG is expecting to sell off its airport assets for Eur1.2 billion. ACS Global of Spain's subsidiary Hochtief AG has received offers for its airport unit according to a report Monday from Reuters.
In a statement, Canadian asset manager Gluskin Sheff + Associates have taken off the for sale sign for the meantime.
The fourth batch of BTP Italia Retail Bonds raised Eur9 billion and was ended two days ahead of schedule.
ABVCAP is discussing with government regulators on means to expand investment means for venture capital and private equities.
Powerwave Technologies gets a shot in the arm in the form of a credit facility from P-Wave Holdings, an affiliate of The Gores Group.
Dysis Medical closes latest funding round at US$11 million. DySiS Medical Ltd was able to complete GBP7. 4 Million or US$11 million on a round of capital infusion.