The restructuring of the 3i Group Plc continues, with more job cuts in the offing. (Photo : Reuters)The image is the corporate logo of the 3i Group. 3i Group Plc, the buyout firm from Britain, is in the midst of carrying out a restructuring plan.
Sectors
Card Scanning Solutions gain three independent investors
Card Scanning Solutions gains Insight Venture Partners, Red Oak Growth Partners and Egis Capital Partners as investors.
Teakwood Capital names Klausmeyer Exec Partner
Teakwood Capital announced Kevin Klausmeyer as its new executive partner. (Photo : Reuters)This is the logo of Teakwood Capital. Kevin Klausmeyer joined Teakwood Capital as executive partner t oday.
STAT-Diagnostica appoints new chairman
STAT-Diagnostica appointed Gerard Valliant as its new chairman. (Photo : Reuters)The image is the diagnostics center of a hospital. STAT-Diagnostica, a medical diagnostics company, has announced Gerard Vaillant as its new chariman of the board of directors.
H&M keeps optimism as sales rise
Hennes & Maurits clothing company said that its sales are boosted this month, keeping investors calm despite its poor performance last quarter.
Latest News
Ken Glass establishes Cold Mountain Capital, the new investment and management firm. Chairman and founder of TECT family of businesses and Stony Point Group, Ken Glass, announced recently the launch of a new investment management firm Cold Mountain Capital LLC.
A Braunschweig-based court issued its decision to take the Eur2 billion damages lawsuit against Porsche SE to a specialized court.
On Wednesday, Fairfax Financial Holdings said it would increase its stake in Eurobank Properties by 42% from the previous 19%.
Michael Combes is the third CEO to try right Alcatel after leaving his post in Vodafone's European businesses.
CEO for Smithfield Foods Inc., Larry Pope can get a hefty US$46.6 million payment from merger-related transactions.
Alcatel-Lucent plans to sell its assets for Eur1 billion to stem losses and focus on the businesses including ultra-high speed internet.
Dalian Wanda Group invested US$1.6 million in yacht manufacturer Sunseeker International Ltd. and a London property that included a five-star hotel.
Farallon Capital Management LLC acquired 9.91% stake from Nathan Tinkler making the fund the largest shareholder at Whitehaven Coal Ltd.
Google Inc. is looking actively for acquisitions from private equity alliances to help it structure its deals.
