Aboitiz Power expressed its interest to acquire some of the country's state-owned power assets.
Sectors
Publicis Groupe purchases Halyard Capital's Engauge Marketing
Worldwide Marketing Services firm Publicis Groupe acquired Enguage Marketing from Halyard Capital. Halyard Capital sold its portfolio company Engauge Marketing to Publicis Groupe.
Acquisitions, new offers fuel NanoTech Entertainment's future growth
NanoTech Entertainment said the combination of acquisitions and new products would drive the company's growth in the future as posted impressive revenues in the most recent quarter.
Omega sells Facebook, Gold Trust shares, buys Apple
Omega Advisors Inc sold its shares in Facebook and precious metals' companies and bought Apple shares after Apple's decline.
Praesidian Capital, Evolve Capital back Meheen Manufacturing
Praesidian Capital invested in Meheen Manufacturing through a first lien debt worth USD 11.25 million.
Latest News
Chile's BCI would ask its shareholders to approve its USD 400 million capital hike to partly fund its acquisition of City National Bank.
Sources told Reuters if the government's anti-trust case against the AMR-US Airways merger prospers, AMR would have to go back to the drawing board and investors would suffer.
Flixel Photos Inc raised USD 770,000 in its most recent financing round. Software developer Flixel Photos Inc closed its financing round with USD 770,000.
Ivanhoé Cambridge announced it would buy a 50% stake in Place Ville Marie for more than USD 400 million.
Eike Batista sold his shares in LLX Logistica to EIG Global Energy Partners for USD 562 million. Brazilian businessman Eike Batista ceded control of LLX Logística to EIG Global Energy Partners.
Cisco Systems announced it would be whittling down its workforce by 5%. Cisco Systems Inc announced it would be reducing its workforce by 5%. The move would affect 4,000 jobs.
Salsa Labs scored USD 2 million in venture debt financial from Toronto-based Wellington Financial. Wellington Financial provided venture debt financing to Salsa Labs Inc worth USD 2 million.
Chad indefinitely suspended China's CNPC oil operations in the country. All drilling activities by China National Petroleum Corporation's subsidiary in the Republic of Chad were indefinitely suspended.
The New York Times' website was down for about 2 hours earlier today. New York Times readers were unable to access its website for about 2 hours earlier today.
