An investor coalition worth $1.25tn is set to persuade 16 multinational companies to identify risks associated with industrial animal production and device strategies to roll out plant-based sources of protein. The coalition urges the ...
Asset management company Blackrock has joined a group of Volkswagen shareholders who are bringing a lawsuit against the German automaker over its diesel emissions scandal. Law firm Quinn Emanuel is expected to file complaint on behalf of ...
Tags: Blackrock, lawsuit, Volkswagen
The opposition of the shareholders of Sika AG to the hostile takeover bid by Saint-Gobain continues to mount. So far, investors who together hold over 40 percent of the share capital have expressly stated their support for the course ...
Tags: pension funds, prominent institutional investors, Construction
The government of Oman has announced plans to set up a dairy firm with an investment of around OMR100m ($258.8m) to achieve self-sufficiency in dairy production and food security The proposed project is being promoted by state-owned ...
Tags: dairy production, food security, Agriculture
Undoubtedly one of the catch-phrases that Chinese stock investors like to hear most is "opening up". The government has already taken numerous steps to ease restrictions on foreign capital in the domestic stock market. You must have heard ...
Tags: stock investors, Chinese currency
GREENWICH, CT— Freight transportation services provider XPO Logistics is looking to expand its business and a good portion of the $700 million invested is coming from some Canadians’ pension plans. The Public Sector Pension ...
Tags: PSP, XPO, Accessories
FDA-approved Grand River Aseptic Manufacturing (GRAM; Grand Rapids, MI) has announced that it has successfully closed a $9.8 million financing round. The privately held contract manufacturer provides manufacturing services for the aseptic ...
Resilience Capital Partners has acquired the direct sale business of G&K Services through its newly-formed platform company, Affinity Specialty Apparel, Inc. Affinity sells and distributes occupational apparel and services, including the ...
Tags: Apparel, Accessories, Uniform
Aurora Capital Group, a Los Angeles-based private equity firm, has purchased Insurance Solutions Division of Zywave, an insurance software technology provider, from Vista Equity Partners, for an undisclosed sum. Aurora's Software & ...
Tags: Aurora Capital, Zywave's Solutions Division, Purchases Insurance
A lack of certainty in renewable energy policy and expertise of renewable energy projects are holding institutional investors back according to a new EY survey released today. Of the 75 North American and European major pension and ...
Tags: renewable, energy, policy, uncertainty, expertise, institutional, investor
Global reinsurance firms Munich Re, Swiss Re and Hannover Re have started contract talks for 2014 with insurance firms, amid growing competition from pension funds, due to increased capital investment. The steady growth of investment by ...
Tags: Insurance Firms, Swiss Re
BlackBerry's co-founders, Mike Lazaridis and Douglas Fregin, are considering weighing in with a counter-bid for the ailing smartphone maker, according to a financial filing made on Thursday. A bid by the pair would represent an ...
Tags: Computer Products, Blackberry, smartphone
Emerging East Asian economies risk slower growth after they failed to take advantage of ample cash supply made available by global monetary authorities to build roads and ports, the Asian Development Bank said. Funding infrastructure ...
Tags: Emerging Markets, ADB
China's National Council for Social Security Fund stepped into top ten in the globe based on total assets at the end of 2012, became one of the world's top five Asia pension funds and was predicted to squeeze into the world's top three in ...
Tags: Pension Funds, Service
Berkshire Hathaway’s P&C and life/health reinsurance arm General Re’s $72m settlement with AIG’s investors has won a final approval by a US federal judge, which charged the firm for involvement in a fraudulent transaction ...
Tags: life/health reinsurance