Assurant has unveiled a new insurance solution for commercial solar project developments with an aim to assist developers to mitigate risks and support project financing. The new product, suitable for 100KW to three megawatts solar ...
Tags: insurance solution, project financing, property insurance
Life Partners Holdings, the parent company of Life Partners, Inc. has strongly denied the allegations leveled against the firm by Texas Attorney General, acting for the State Securities Board. Texas Attorney General filed a court case ...
Tags: Life Partners, State Securities Board, Texas Attorney General
Economic Times cited a finance ministry official who declined to be named, in a move intended to attract more funds into the country as saying that the government will raise the limit on foreign investments in government and corporate bonds ...
Private equity firm Cyprium Investment Partners has exited its minority investment in Imperial Bag & Paper, a wholesale distributor of paper and plastic packaging for the foodservice industry and retailers across the US. Imperial Bag & ...
Tags: wholesale distributor, paper and plastic packaging, foodservice industry
Luxembourg-based CVC Capital Partners–led group has agreed to purchase insurance-claims adjuster Cunningham Lindsey from Stone Point Capital and Fairfax Financial Holdings in a deal valued between $900m and $1bn including debt. An ...
Tags: insurance-claims, CVC Capital Partners, Fairfax, insurer
Business Line reported that Lanco Infratech Ltd has entered into a MoU with the China Development Bank, a bank owned by the Government of Peoples Republic of China. The MoU is to raise USD 2 billion debt for 2 power projects Anpara Phase ...
Tags: coal, gas, hydro, solar and wind, power projects
Hain Celestial, a US-based natural and organic food products company, has completed the acquisition of some of the packaged grocery brands of UK-based Premier Foods in a £200m cash-and-stock deal. The consideration consisted of cash ...
Tags: natural and organic food products company, acquisition
Charlesbank Capital Partners announced that it has signed an agreement to acquire OneStopPlus Group,a subsidiary of Paris-based luxury and sport&lifestyle group PPR.Charlesbank is partnering with Webster Capital on the transaction,which is ...
Tags: plus-size consumers, women's apparel, agreement, acquire
Vedanta Resources PLC controlled by billionaire Mr Anil Agarwal is counting on a court verdict next month to secure raw material and revive a faltering USD 9 billion aluminum project in India. Mr Mukesh Kumar COO of Vedanta Resources said ...
For its fiscal fourth-quarter 2012 (to end-August), LED chip and component maker SemiLEDs Corp of Hsinchu Science Park, Taiwan has reported revenue of $5.5m, up 3% on $5.3m a year ago but down 40% on $9.2m. last quarter. Revenue for ...
Tags: SemiLEDs, LED chip, LED component, LED projects, metal vertical photon LED
American International Group (AIG) has reported a net income of $3.2bn, or $1.71 diluted earnings per share, for the first quarter of 2012, compared to $485m, or $0.31 diluted earnings per share, for the same period in 2011. AIG's ...
Tags: American International Group, net income, property insurance
It seems that each new day we wake to yet another bit of Eurozone news that leaves one wondering how much more is yet to come. If Spain needs to go cap in hand go the Eurobankers for £81b when, according to the BBC they have 7% less ...
Tags: end in tears, packaging, enviable position, coming trends
Vitro, S.A.B. de C.V. (BMV: VITROA) (“Vitro” or the “Company”), one of the world's largest producers and distributors of glass products, today announced 3Q’12 unaudited results. Third Quarter 2012 ...
Tags: EBITDA, Vitro, glass products, sales
Citizens Against Government Waste (CAGW) has reproved the US Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA) for recklessly issuing mortgage insurance to thousands of ineligible borrowers. ...
Tags: CAGW, HUD, tax offenders
Glass container manufacturer Ardagh has agreed to acquire US-based Anchor Glass Container from private investment funds managed by Wayzata Investment Partners in a deal worth €721m ($880m). Ardagh chairman Paul Coulson said the ...
Tags: Anchor Glass Container, Glass container, food and beverage industries