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PE firm LDC expects windfall from Matrix buyout
Private equity firm LDC would be expecting a windfall from the recent sale of energy management group Matrix and its parent company Green Sky Energy to German energy company E.ON.
Kazakh President confirms signing of 22 agreements with China worth USD 30 billion
President Nursultan Nazarbayev confirmed that Kazakhstan would be inking 22 deals with China worth USD 30 billion on Saturday.
Daimler CEO discloses plans to build Mercedes car plant in Brazil
Daimler CEO Dieter Zetsche told a German newspaper that they would be constructing a new car plant in Brazil.
Reserve Primary Fund lawsuit reaches settlement worth USD 54.5 million
Bruce Bent and the Reserve Primary Fund management agreed to settle with their shareholders for USD 54.5 million.
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Kazakh government sources told Reuters that the country had agreed to sell 8.33% of its stake in the Kashagan oil field to China.
A Techcrunch news report said that personalized e-commerce and gift-giving startup Wantful would be shutting its operations down due to its inability to get additional capital.
Shuanghui International Holdings and Smithfield Foods Inc released a joint statement saying they received another clearance from the U.S. Committee on Foreign Investment on the food firms' USD4.7 billion takeover deal.
Local and foreign oil firms in Iraq would be keeping low profiles as tensions regarding a possible Syria strike retaliation looms over Iraq.
Court papers released to the public on Friday indicated that Bank of American Corp. and Merrill Lynch & Co. would be settling on its gender bias lawsuit filed on behalf by its female brokers for USD39 million.
Malkin Holdings, who manages the Empire State Building and its investors, to proceed with an initial public offering (IPO) of the building into a real estate investment trust (REIT).
U.S. District Judge Denise Cote would be exposing new restrictions on its ebook retail unit and will appoint an external monitor to oversee Apple would not be violating antitrust laws.
The buyout of Onyx Pharmaceuticals was tainted with conflicts of interest and undervaluation, according to its shareholders.
Harman International Industries Inc CEO Dinesh Paliwal said that the European market is improving as two of its largest automakers have reported healthy profits for the second quarter of 2013.
There are many options available to Telecom Italia, but there are specifics being searched for, according to its Chairman Franco Bernabe.