{
}
BlackRock is in advanced talks to acquire HPS Investment Partners for approximately $12 billion, surpassing its estimated $10 billion valuation. Meanwhile, Protective Industrial Products will purchase Honeywell's PPE business for $1.33 billion, expected to close in early 2025. LeapFrog Investments has successfully raised $1.02 billion for its fourth fund, focusing on healthcare and financial services in growth markets, while Aegis Ventures expands its Digital Consortium with two new health system partners to innovate healthcare technologies.
India requires a range of bilateral trade agreements to enhance market access and leverage the 'China plus one' strategy in global manufacturing, as highlighted in the Reserve Bank of India's November bulletin. The urgency lies in standardizing negotiations to tackle rules of origin and non-tariff barriers. Over the past five years, imports from FTA partners surged by 37.9%, while exports only rose by 14.5%, indicating a need for a more effective trade approach.
Mauritian Prime Minister Navinchandra Ramgoolam has initiated an audit of the Finance Ministry's data, claiming it inaccurately portrays the economy's health. A review team is now assessing the economic and public finance data following his recent election victory, where his coalition won decisively on November 10.
Rama Sithanen has taken over as the new Governor of the Bank of Mauritius, succeeding Harvesh Seegolam. His immediate focus will be on addressing the depreciation of the rupee and alleviating the foreign currency shortage affecting the domestic market.
Botswana is actively diversifying its economy from mining to financial services, aiming to become a competitive hub for high net-worth individuals in Africa, alongside Mauritius. The country is enhancing regulations and improving the business environment to attract foreign investment and stimulate economic growth, according to a report by investment management firm Ocorian Ltd.
Switzerland has maintained its position as the most innovative country for 14 consecutive years, excelling in both innovation inputs and outputs. The nation benefits from a robust intellectual property system, significant R&D investment, and strong collaboration between academia and industry, attracting foreign companies to establish research hubs. Despite its small size, Switzerland's high-tech sectors, particularly in biotech and precision machinery, contribute significantly to its economic success and innovation ranking.
ACME Solar Holdings raised Rs 1,300.5 crore from anchor investors ahead of its Rs 2,900-crore IPO, set to open on November 6 and close on November 8, with a price band of Rs 275-289 per share. The offering includes a fresh issue of Rs 2,395 crore and an offer-for-sale of Rs 505 crore by ACME Cleantech Solutions. Notable investors include Abu Dhabi Investment Authority, Goldman Sachs, and Morgan Stanley, among others.
Usha Financial Services' IPO was subscribed 3.13 times on the second day of bidding, with investors applying for 1.31 crore equity shares against an issue size of 41.99 lakh shares. The non-banking finance company aims to raise Rs 98.45 crore at a price band of Rs 160-168 per share, closing on October 28. Retail investors showed strong interest, subscribing 4.61 times their quota, while non-institutional and qualified institutional buyers subscribed 3.63 and 1.07 times, respectively.
Greenpeace Africa faces internal turmoil following a restructuring that aims to cut around 40 jobs, nearly half its staff, citing financial and security reasons. Former employees allege unfair dismissals and criticize management's approach to LGBT+ rights and collaboration with governments, raising concerns about the organization's commitment to environmental justice. Despite these challenges, Greenpeace Africa insists the changes are necessary for financial sustainability and maintaining its mission across the continent.
MUS
Country
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
blackrock in talks to acquire hps investment partners for 12 billion
04:00 29.11.2024
India seeks enhanced trade agreements to leverage global manufacturing shifts
Indian Rupee
United States Dollar
Euro
Mauritius
UAE
Japan
Australia
SAFTA
ASEAN
South Korea
IND
JPN
AUS
KOR
ARE
SAU
MUS
CHN
Show more
16:22 20.11.2024
mauritian prime minister initiates audit of misleading economic data
08:55 18.11.2024
new central bank governor aims to stabilize rupee and address currency shortage
09:32 16.11.2024
Botswana aims to attract wealthy Africans through economic diversification efforts
16:22 12.11.2024
switzerland remains the most innovative country in global rankings
Brazilian Real
Chinese Yuan
Euro
Swiss Franc
United States Dollar
Novartis AG
Philip Morris International Inc.
Nestlé S.A.
Hoffmann-La Roche AG
Google Inc.
PAK
MUS
SAU
CHN
IDN
QAT
SGP
USA
CHE
KOR
BRA
Martin Wörter
Sacha Wunsch-Vincent
Show more
09:00 12.11.2024
acme solar holdings raises 1301 crore from anchor investors ahead of ipo
Indian Rupee
The Goldman Sachs Group, Inc.
Eastspring Investments
Clsa B.V.
Nomura Holdings, Inc.
Citigroup Inc.
Societe Generale Batiment SA
BNP Paribas SA
Morgan Stanley
HSBC Holdings plc
Prudential plc
USA
HKG
JPN
MUS
ARE
IND
Morgan Stanley
Abu Dhabi Investment Authority
Nomura
Societe Generale
Goldman Sachs
Show more
18:36 05.11.2024
Usha Financial Services IPO sees strong demand with 3.13 times subscription
Indian Rupee
Saint Capital Fund
Persistent Growth Fund
Usha Financial Services Ltd.
Copthall Mauritius Investment Ltd.
Kingsman Wealth Fund
Arrow Emerging Opportunities Fund
Veer Quant Fund
NAV Capital VCC
IND
MUS
Saint Capital Fund
Copthall Mauritius Investment
Kingsman Wealth Fund
Persistent Growth Fund
NAV Capital VCC
Show more
15:36 25.10.2024
internal conflicts emerge at greenpeace africa amid leadership concerns and office closure
United States Dollar
Greenpeace International
GHA
MUS
UKR
COD
DEU
KEN
NGA
Melita Steele
Mbong Akiy Fokwa Tsafack
Oulie Keita
Paul Ngugi
Gerhard Combrink
Show more
09:00 02.10.2024
Trending
Subcategory
Corporate News
Industry Trends
Central Banks and Digital Currencies
Cryptocurrency Trends
Fintech Startups
Industry Mergers & Acquisitions
Startups & Entrepreneurship
AI Innovations
Emerging Startups
Funding Rounds & Investments
Countries:
Companies:
Tencent Music Entertainment Group
Sony Music Entertainment COMPANY
Alphabet Inc.
Microsoft Corporation Corp.
Oracle Corporation
Softbank Group Corp.
Currencies:
People: