Mediobanca Loss Caused by Generali Purchase

Mediobanca on its own is performing well but is now burdened by the bad deals from insurer Generali.


Algeria to Seek Valuation before Purchase of Djezzy

The Algerian government is seeking a re evaluation of Djezzy the telecommunications firm before its purchase from Vimpelcom.

Barclays Private Credit Partners Grant EuNetwork Debt Funding Commitment

Barclays Grants EuNetwork debt funding for its growth potential. The EuNetworks Group, a bandwidth communications provider, disclosed that it availed of a term loan funding agreement with Barclays Private Credit Partners Fund LP.

Nomura Real Estate Set To Do IPO

The IPO of the Nomura Real Estate Holdings REIT expects at least US$175 billion earnings. Nomura Real Estate Holdings is planning to undertake an initial public offer of shares that is said to be the largest one to date.


Latest News

John Hancock and sister Bianca Rinehart sues to remove their mother as trustee of the Hope Margaret Hancock Trust.
Einhorn of Greenlight Capital gives advice and provides fearless forecast. David Einhorn is one of the most observed hedge fund managers in the industry.
Quintiles IPO sells US$947 million to pay off debts and other corporate activities. Pharmaceutical support firm Quintiles Transnational Holdings has raised US$947 million for its IPO.
Former Enron CEO Jeff Skilling is set to be released from prison by 2018 because of an agreement with federal prosecutors.
IPO is the vehicle to be used by Sinarmas Land to sell off Kota Deltamas. One of the renowned land developers in Indonesia, with interests in subdivisions, shopping mals and golf courses has engaged the services of the Macquarie Group for an IPO.
Atlas Pipeline's acquisition of TEAK Midstream recently concluded. Atlas Pipeline Partners, L. P. disclosed today that the earlier announced acquisition of TEAK Midstream, LLC, has already concluded and effective date of purchase is 1st of April 2013.
Ashford Hospitality purchases the Pier House Resort for US$90 million cash. The Ashford Hospitality Trust, Inc. announced today that it has already inked a final contract to purchase the Pier House Resort and Caribbean Spa in Key West, Florida that has 142 rooms for an estimated amount of US$90 million cash.
Darby's DLAMF II invests US$15 million in Alta Rail Technology. Darby Private Equity, the equity unit of Franklin Templeton Investments, had announced that it has completed an investment wortth US$15 million in Alta Rail Technology.
MaRS welcomes Salim Teja as ICE Sector Program Managing Director. In an announcement from the MaRS Discovery District, it was happy to disclose the appointment Salim Teja as the ICE Sector Program's Managing Director.
Granite Partners invests in SIM Digital which in turn uses the investment to purchase PS Production.