Best Buy Co. has rejected an offer for minority investment from past chairman Richard Schulze's private equity sponsors.
Tags: Investment
China to invest in IADB
Chinese investments through IADB show Chinese interest in the regional market. China will be investing in the Interamerican Development Bank's projects in Latin America and the Caribbean.
Temasek Invests in HealthCare Global
Temasek's entry allows EILSF exit from HealthCare Global Enterprises. Temasek, the sovereign wealth fund of Singapore has invested Rs140 crore for shareholdings in HealthCare Global Enterprises or HCG.
Hon Hai Holds Investment in Sharp
Hon Hai Precision Industry Co. Ltd. said that it will not pursue its investment in Japan's Sharp Corp. by a deadline set on March 26 after both companies failed to revise an earlier agreement, the Asahi newspaper said.
Rosneft Finalizes oil for loan deal
Rosneft to start with oil for loan deal with Glencore and Vitol. Russian crude oil conglomerate Rosneft has entered into separate long term crude supply contracts with Glencore International and Vitol for supplies amounting to 67.
Latest News
Blackstone invests in Indian commercial real estate. Private equity firm Blackstone Group LP is leading the charge for investments into India's commercial real estate market after the recent global recession has lowered interest in its once red hot residential market.
Giant mall builder to expand to UK and US. Westfield Group is planning to increase its investments in both the US and UK to capitalize on the increasing retail demands in these countries.
Keith Rabois quits Square and joins Khosla Ventures. One of Silicon Valley's most well-known and most decorated executives and angel investor has resigned as Chief Operating Officer of Square.
The investment arm of Tower Ltd. was purchased by fund manager Fisher Funds for NZ$79 million. New Zealand's insurance firm Tower Ltd. said its investment arm was sold to fund manager Fisher Funds in a NZ$79 million deal as it nails down its business focus, the company announced.
Daimler is not to keen on the reported interest of CIC over shares of the company. German car giant Daimler is not expecting sovereign wealth fund China Investment Corp to continue with its purchase of the ten percent stake in the company.
Apache partners, a UK-based investment advisory firm, will be setting up a fund with main focus equities and fixed income in key markets.
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.
Carlos Slim pumps in more money into Dutch firm KPN. The world's richest man, multibillionaire Carlos Slim has increased his stake in KPN with a fresh Eur4 billion infusion into the Dutch telecommunications group.
