Transdev would be selling off assets to pay off debts. Veolia Transdev, the French transport group is forecasting 'enormous' demand for its assets.
Regions
Research Shows Faked Loans In China's Big Banks
China's big banks are not providing more credit to small and microsized firms. According to a researcher, the big banks of China are not lending more to the smallest firms.
Sovcomflot IPO Plan Shelved
Sovcomflot's IPO has been shelved by the Russian Government due to unfavorable market conditions.
European bond yields differ amidst investment doldrums
Different bonds from Euro countries registered different results, but overall ECB stands to help region recover.
UPDATE - Italy Approves Debt Payments to Private Companies
Italian PM Mario Monti finally signs decree approving payments of state debts to private firms. The Italian caretaker government has approved a decree to pay off nearly Eur40 billion state funds to pay off debts it has incurred with private companies.
Latest News
Pavilion Energy Pte would be investing in LNG related industries. The sovereign wealth fund of Singapore, Temasek Holdings Pte Ltd has established a new investment fund focused on liquefied natural gas.
MF Global has obtained approval of its liquidation plan under the leadership of former FBI Director Louis Freeh.
In preparation for war, Pyongyang has asked embassies from countries for repatriation plans for its staff.
Fairway Market, from its humble beginnings as a fruit and vegetable stand, can now stand to be worth US$495 million.
The scheduled visit of Blackstone Group to Dell’s headquarters on Monday sends a strong signal that the firm is firming up a bid that could upset the $24.4 offer of founder Michael Dell.
Milestone Partners Fund IV has raised US$300 million and acquired new assets. Milestone Partners has announced the final closure of Milestone Partners IV LP with funding amounting to US$300 million.
Raising funds by VisibleBrands raised US$4.6 million for digital cloud promotions in-store. The close of a Series A round of funding and follow on Series B Convertible Note by VisibleBrands has raised US$4.
In a bid to capture middle class travel in Southeast Asia, Indonesian airline PT Mandala Airlines is set to spend $1.6 billion to buy 18 Airbus A320 planes by 2014.
The government is seeking venture capital financing for growth without affecting its bottom line. Finland is maximizing venture capital financing as a means to spark the economy out of the doldrums without affecting its current AAA ratings.
