Sectors
TCI demands EADS to dispose Dassault Aviation stake
The Children's Investment Fund demanded European Aeronautic Defence and Space Company to sell the 46% stake the latter holds in Dassault Aviation.
NTT Communications to acquire 91.2% stake in Arkadin
AXA Private Equity, NTT Communications, and Arkadin International have agreed on NTT Communications' acquisition of a majority stake in Arkadin.
Pennon Group hires Ian McAulay of MWH Global as chief executive of Viridor Limited
Pennon Group announced that they had hired Ian McAulay as chief executive officer of Viridor Limited and executive director with the Pennon Group Board.
Norway needs to reasses its US$740 billion sovereign wealth fund
The opposition bloc in Norway stated that the government of Norway needed to revisit its US$740 billion sovereign wealth fund to improve its returns.
Latest News
A KKR executive revealed that his firm was keen on investing in structured debt and mezzanine deals in Australia.
Northstar Group announced it had bought ERA Realty Network for US$100 million. Northstar Group, an Indonesian private equity firm, revealed it had obtained ERA Realty Network for over US$100 million.
Microsoft cut the Surface pro tablet's price by US$100 after the tech giant revealed that marketing the tablet cost more than the earnings it brought in.
Howard Bicker, the head of Minnesota Retirement Fund, announced his retirement, leaving the agency in search of a replacement.
Guy Hands stated they were mulling either a float on the London stock exchange or an outright sale of Infinis.
Facebook paid US$1 million to security researchers for the last two years. Facebook, a social networking titan, said it paid more than US$1 million to security researchers within the last two years.
Sources said Red Fort Capital is to launch a real estate fund worth between US$500 million and US$750 million.
Analysts said that US President Barack Obama's ruling could aid the sales of Apple and could be Samsung's setback.
Analysts said that Google's Moto X would not be enough to aid it in establishing a stronger presence in the growing smartphone market.
Quick Heal revealed its plans to go public next year. Quick Heal Technologies, a security software developer, announced it intends to launch an initial public share offering in India.