ENI Divests Interests in Snam

ENI sells off shares in Snam. ENI, the Italian oil conglomerate, is in the process of divesting its shareholdings over its gas transportation company Snam last Thursday.


Chipotle Critics Fire Away

David Einhorn of Greenlight Capital and Jeffrey Gundlach of DoubleLine Capital have called out Chipotle.

Eskom SOC to Issue Debt to Build Plants

In an effort to improve South Africa's power situation, Eskom SOC would be issuing debt instruments to fund the building of two of the world's largest coal fired plants.

Ouya Obtains US$15 million in venture financing

Ouya console gaming gets a boost with US$15 million from venture capitalists. The maker of a US$99 video game console that utilizes Google Inc's Android operating system, Ouya Inc has raised US$15 million in venture capitalist funding in expanding its operations.


Latest News

Slovenske Eletarne AS is in discussion with lenders as to renegotiation of a deal finalized back in 2007.
Telecom Italia still is in the process of determining the pursuit of the fixed line spinoff plan. Franco Bernabe, Chairman of Telecom Italia announced Thursday that the spin off of the company's fixed line network would take time in its implementation.
Mediobanca on its own is performing well but is now burdened by the bad deals from insurer Generali.
The Algerian government is seeking a re evaluation of Djezzy the telecommunications firm before its purchase from Vimpelcom.
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.
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.
Dubai Group would become independent of Dubai Holding upon completion of a US$10 million infrastructure deal.
Billabong has just been in breach of debt payments as exclusivity period for bid lapsed without a formal offer.
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.