Rosneft and TNK-BP are expected to sign $55 billion agreement to mark one of the largest acquisitions in the oil industry.
Sectors
Hamilton Lane Buys Shott Capital
Hamilton Lane purchases Shott Capital. In an announcement, Hamilton Lane said it has acquired Shott Capital Management. Shott is a private equity firm that provides in kind stock distribution management services to institutional investors.
Former Soros Fund CIO Seeks Up to $1 Billion for His New York-Based Hedge Fund
Keith Anderson, former chief investment officer at Soros Fund Management is looking forward to raise up to $1 billion for his Anderson Global Marco fund.
KKR Co-Founders & CEOs Made Huge Gains From Executive Compensation and Cash Dividends for 2012
KKR & Co LP founders and chief executives receive large gains as debt markets and buoyant equity show good signs for 2012
Brazilian OGX Petroleo Rumored Stake Sale to Petronas
Brazil's OGX Petroleo is being rumored to have a plan of selling a stake to Malaysian oil company Petronas.
Latest News
Ferrovial is now seeking for investment opportunities in key markets after it ceased from cutting debts.
SAP acquires SmartOps for long term plans. SAP AG announced that it is in the process of acquiring SmartOps, a provider of inventory and service level optimization software programming.
LivingSocial was coerced to swallow a bitter pill for more capital infusion. LivingSocial was forced to accept large concessions in order to convince its biggest investors to infuse another US$110 million for the second largest daily deal firm.
Greenlight Capital gets restraining order against Apple Inc. A US federal judge found credence to the arguments of hedge fund manager David Einhorn versus Apple Inc.
Angel Telecom saves Vivaro from bankruptcy. In an announcement, Angel Telecom Corp said that on February 8, Next Angel LLC would come to fore. Next Angel LLC is a joint venture between Angel and Next Communications Inc and Marcatel Telecommunications LLC.
Vanderbilt settles with New Mexico on unjust enrichment investments. In a settlement agreement, Vanderbilt Capital Advisors LLC has entered into a settlement agreement to pay New Mexico US$24 million.
Ford's novel annuity for lump sum swap increases funding for pension funds. Ford Motor Co. 's funding for its US pension funds had increased in 2012, as decreasing rates of interest offset the investment gains achieved in the year.
Cygnus putting its Agriculture Group up for sale. Cygnus Business Media has announced that it has retained the services of Corporate Solutions Inc in order to formulate strategic plans for its Agriculture Group.
BGI-Shenzhen extends existing offer for common stock of Complete Genomics. BGI-Shenzhen announced that it would extend an all cash offer to purchase all outstanding shares of common stock for Complete Genomics Inc.
