A grant-loan from the Belgian government would expand the water and sanitation services in Iten, Kenya.
Sectors
OCI Resources commences 5 million-common unit IPO
Today, OCI Resources announced that it had launched its initial public offering of 5,000,000 common units.
Lithium Technologies raises USD50M in mezzanine financing
Lithium Technologies announced today that it had raised USD50 million in mezzanine financing. Lithium Technologies is the leader in Social Customer Experience.
Shareholder Starboard Value LP votes no on Smithfield sale
US investment firm Starboard Value LP voiced his opposition of the Smithfield Foods Inc.'s takeover bid by Shuanghui International Holdings Ltd. in a letter addressed to his co-shareholders on Tuesday.
Shah to step down from Fidelity Special Situations Fund
After working with Fidelity Special Situations Fund for five years, Sanjeev Shah would step down as manager of the fund according to a statement from Fidelity Worldwide Investment.
Latest News
Opposition Members of the Parliament (MP) expressed their concerns over the UK government not providing enough protection for Royal as the universal postal service near privatization.
Vivus Inc. announced a new chief executive officer in the person of former Johnson & Johnson executive Seth H. Z. Fischer after Tony Zook resigned due to health issues.
According to Michael Dell, three proxy firms had recommended shareholders to vote for the founder's offer to take the computer maker private.
Alitalia SpA engaged advisory services Italian firm for corporate restructuring help. Gruppo Banca Leonardo was engaged the services of Alitalia SpA to assist in the raising of hundreds of millions of Euros before the year's end.
The Philippine Stock Exchange said meeting IPO targets this year would be difficult as market conditions continued to be volatile.
Sole bidder Chevron won the Lithuanian tender for shale gas exploration, the government said in a Twitter announcement.
Raghuran Rajan, the newly appointed bank governor of India's central bank would step into office in the eye of a roiling storm in the country's economy.
Platinum Equity announced the closing of Fund III with USD 3.75 billion. Global merger and acquisitions firm Platinum Equity announced that it scored USD 3.
The announcement of Nokia selling its handset unit to Microsoft Corp. had left hedge funds rushing to unwind their bets, leaving the Finnish company to score a record gain per day.
