Saudi Arabia joins shale gas economy

By utilizing shale gas reserves in the country, Saudi Arabia can use the now popular energy resource for local purposes and use its oil for exclusively for export purposes.


LongVue Capital invests in MRO firm

Maintenance, repair and overhaul firm Ascent Aviation Services Corporation receives capital infusion from private equity firm LongVue Capital.

KKR acquires Mitchell Int'l from Aurora Capital

KKR purchases Mitchell International from Aurora Capital for an undisclosed amount. Aurora Capital is a private equity firm managing over USD2 billion of assets based out of Los Angeles.

GSW recommends Deutsche Wohnen bid to shareholders

Shareholders of GSW are being convinced to accept the Deutsche Wohnen offered bid. In a letter to its clients, GSW immobilien AG had recommended the acceptance of the EUR1.


Latest News

15 US states had been using risk assessment software to decide on handing out paroles to prisoner candidates, said a Wall Street Journal report.
Industry observers believed that USPS would be able to achieve success similar to Royal Mail should the former would be listed on the stock exchange.
If the US fails to pass legislation to increase the debt limit, then the global economic system would be tremendously affected.
Frontier Beverage Company Inc announced today that it had completed its acquisition of holding company 22 Social Club Productions Inc and its subsidiaries Blue 22 Entertainment and AppQwest LLC
Twitter Inc co-founder and chairman Jack Dorsey reportedly was not the one who had let go of co-founder Noah Glass.
Investors might not had been receptive of Facebook Inc's acquisition of Israeli mobile data analytics firm Onavo as stocks of the social media fell 1.5% in pre-market trading today.
Sources told Bloomberg that Telefonica was preparing to sell the 69% stake it holds in Telefonica Czech Republic.
Baird Capital's portfolio firm MedPlast had bought Orthoplastics together with co-investors JZ Capital Partners and River Cities Capital Funds.
Palatine Private Equity had purchased a GBP 16 million minority stake in Bolton-based Forrest. UK-based investment firm Palatine Private Equity bought a GBP 16 million minority stake in social housing contractor Forrest.
TRAFI, a Lithuanian Journey planner startup, received a USD500,000 in investment capital from Practica Capital to expand into key markets unexplored by big players like Google Maps.