Investment companies - News
SAGE Electrochromics to Become Wholly Owned Subsidiary of Saint-Gobain
Saint-Gobain has agreed to purchase all outstanding shares of SAGE Electrochromics, Inc. and will own 100% of the company upon completion of the transaction. This deal will help SAGE expand into international markets, develop new products and complete construction of the company's new, state-of-the-art manufacturing facility in Faribault, MN. The new facility, scheduled to start production in January 2013, will be the most advanced electroch... [more]
Intertek aquires Ati for £10 Million
Intertek Group plc (Intertek), the leading international provider of quality services to a wide range of industries, announces that it has acquired ATI, a provider of asset integrity support services in the US power sector. The company was purchased from its management shareholders for a total consideration of USD 16 million (GBP 10 million). ATI's asset management software solutions are used to record and collate testing and inspection da... [more]
Beanstalk helps Surrey Nanosystems think big with £4.5 million follow-on funding round
Follow-on funding and new investors secured by Beanstalk Management for leading technology provider to the global nanoelectronics sector Beanstalk Management, the boutique corporate finance advisor, has helped secured a follow-on funding round and sourced new investors for nanoelectronics company Surrey Nanosystems, which will allow it to continue to develop its innovative technology. The funding round of £4.5 million is one of the largest ... [more]
Boston Scientific to Acquire Cameron Health, Inc.
Company gains first and only commercially available subcutaneous ICD technology to offer lifesaving therapy to patients at risk of sudden cardiac arrest Boston Scientific Corporation (NYSE: BSX) announces the exercise of its option to acquire Cameron Health, Inc., a privately held company based in San Clemente, California. Cameron Health has developed the world's first and only commercially available subcutaneous implantable cardioverter defi... [more]
WD(R) Completes Acquisition of Hitachi Global Storage Technologies
Creates the Industry's Deepest Technology Capability and Broadest Product Portfolio Western Digital Corp. announced yesterday that it has completed its acquisition of Viviti Technologies Ltd. (formerly Hitachi Global Storage Technologies), effective Mar. 8, 2012, for $3.9 billion in cash and 25 million shares of WDC common stock valued at approximately $0.9 billion(1). Hitachi, Ltd. now owns approximately 10 percent of WDC shares outstanding, ... [more]
U.S. eases investment ban on Burma
The Obama administration announced Thursday that it would ease restrictions on U.S. investment in Burma, its latest and furthest-reaching step to encourage reforms in the long-isolated country. The policy change — announced after a meeting between Secretary of State Hillary Rodham Clinton and Burmese Foreign Minister Wunna Maung Lwin — will include safeguards that prevent U.S. companies from ...
Victoria grew from merger
The private Dunedin-based Victoria Property Fund grew from investment companies which merged in the late-1990s, investing in mainly commercial properties around the South Island once valued at more than $15 million. read more
Aberdeen International Reports Value of Investment Portfolio and Cash of $0.71 Per Share for First Quarter Ending ...
TORONTO, ONTARIO-- - ABERDEEN INTERNATIONAL INC. today announces that the value of its investment portfolio as at April 30, 2012, the end of its first fiscal quarter for the year ended January 31, 2013, was approximately $61.8 million including a cash balance of $2.0 million. This equates to a value ...
U.S. suspends sanctions on investment in Myanmar
WASHINGTON (Reuters) - The United States on Thursday suspended sanctions barring U.S. investment in Myanmar in response to political reforms in the poor southeast Asian state, drawing praise from some U.S. lawmakers but criticism from human rights advocates. "Today we say to American business: invest in Burma and do it responsibly," Secretary of State Hillary Clinton said. She appeared with ...
Euro Pacific Global Investment Conference Brings Leading International Transportation, Energy and Mining Companies to ...
Euro Pacific Capital, a U.S. based brokerage firm, has announced its second annual Global Investment Conference. The one day event, which will feature top executives from 55 intern
Stern Advice: How to vet that investment adviser
The Securities and Exchange Commission is taking its own sweet time coming up with a rule that would make all investment advisers put their clients' interest first. Almost a year and a half after saying ...
GM Chief Hopes to Return to Investment Grade Within Year
General Motors Co. (GM) Chief Executive Officer Dan Akerson said he hopes the automaker regains an investment-grade credit rating within the next year.
All Change For Investment Trust Charges
Charges matter -- and most savvy investors understand that they should take slippery concepts such as funds' quoted annual management charges with a large shovelful of salt.Instead, for a better grip on ...
Facebook-Owning Funds Slump Ahead of IPO
Tree Top Industries (TTII) this morning joined the club of publicly traded investment companies who are getting in on the Facebook pre-IPO action.
Tapu Property Valuations – Investors Beware
Isik Gökkaya, chairman of the Istanbul Association of Real Estate Investment Companies (Gyoder) said this month that he expects new regulations, which will help more foreign nationals invest in Turkey real estate, will come into force in the second quarter of 2012. With this in mind Colordarcy.com say that inexperienced property investors should make sure their Tapu is in order to avoid problems ...
