Tags: Investment
Alibaba investment by Yahoo more valuable after IPO
Yahoo, which owns 24% of ecommerce giant Alibaba, reaps revenues prior to the IPO. Yahoo's investment in Chinese e-commerce firm Alibaba Group Holding Ltd was sufficient to keep Wall Street happy despite the continued struggle in the third quarter for advertising revenues, The shares of Yahoo increased by 1% to USD33.
LongVue Capital invests in MRO firm
Maintenance, repair and overhaul firm Ascent Aviation Services Corporation receives capital infusion from private equity firm LongVue Capital.
Manchester Airport to be redeveloped into Airport City
A venture agreement was formalized by several prominent entities with the goal of creating 'Airport City' in the city of Manchester.
Dongfeng and France to invest in Peugeot
Chinese carmaker and France to contribute EUR1.5 billion individually for the expansion of Peugeot in Europe and in Asia.