UPDATE 1-Market Chatter — Corporate finance press digest
BANGALORE, Feb 1 (Reuters) – The following corporate
finance-related stories were reported by media on Monday:
Yangtze sees big chance in small China deals
HONG KONG, Feb 1 (Reuters) – Yangtze China Investment Ltd
, a London-listed venture capital fund co-founded by Ying
Wai Wong, a senior Hong Kong official-turned businessman, plans
to raise new money for his firm to focus on China deals.
Citi plans sale of private equity unit – Bloomberg
NEW YORK, Jan 31 (Reuters) – Citigroup Inc plans to
sell or spin-off its $10 billion Citi Private Equity unit in
order to cut its debt, Bloomberg reported on Sunday, citing
people familiar with the matter.
Davos-Private equity firms bullish on 2010 outlook
DAVOS, Switzerland, Jan 31 (Reuters) – The heads of three
of the largest private equity firms in the world expressed
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February 1st, 2010 | No Comments | Posted in Acquisitions, Mergers, Private Equity, Sectors |
Furniture retailer DFS eyed by Permira – report
LONDON, Jan 31 (Reuters) – British buyout firm Permira has
teamed up with retail executive John Lovering to launch a bid
for furniture retailer DFS, the Sunday Times reported without
citing sources.
Currency Swap Lines
In October of 2008, during the height of global financial crisis, FED opened temporary currency swap lines with other central banks around the world. It was one of the measures taken by financial authorities to provide liquidity to the system during tu…
UPDATE 1-Kuwait’s KIA invested $750 mln in US firm BlackRock-TV
KUWAIT, Jan 31 (Reuters) – Kuwait Investment Authority (KIA)
invested about $750 million in U.S. asset manager BlackRock
last year, and eyes investments in Asia and Latin
America in 2010, KIA’s managing director told Al Arabiya TV.
“Last May we inve…
Kuwait’s KIA invested $750 mln in US firm BlackRock -TV
KUWAIT, Jan 31 (Reuters) – Kuwait Investment Authority (KIA)
invested about $750 million in U.S. asset manager BlackRock last
year, KIA’s managing director told Al Arabiya TV.
“Now we have made about 40 percent of profit (from
BlackRock’s capital hik…
GMMB, GMTB: New Grail Active Bond ETFs Now Available
Grail Advisors took another stab at the actively-managed ETF space with the launch on January 29 of Grail McDonnell Intermediate Municipal Bond ETF (GMMB) and Grail McDonnell Core Taxable Bond ETF (GMTB) on the NYSE. Both had very light volume in…
ETF Market Trends (01-27-2010): Uncle Ben’s ‘Rates On Hold’ Still A Top Hit With Wall Street
Market Direction Summary (01-27-2010)
Dow-30 +41.87 @ 10236.16; S&P 500 +5.33 @ 1097.50; Nasdaq 100 +15.04 @ 1818.90; Russell 2k +6.22 @ 618.38; VIX -1.41 @ 23.14; U.S. Dollar Index +0.24 @ 78.72; 10 Year Tsy Rates +0.14 @ 36.44; Crude Oil -0.86 @…