April 2009
Suzlon Energy in talks to raise $80.5 mln with a Malaysia-based investor C Sivasankaran for its Germany REpower unit
Suzlon Energy, the world’s fifth-largest Indian wind turbine maker, is negotiating with a Malaysia-based investor C Sivasankaran, or Siva to raise nearly Rs 400 crore to increase its stake in Germany’s REpower. Suzlon may pledge some of its hol...
ING Plans to Sell $10.6 Billion of non-core assets: ING Investor Day
ING Group, the biggest Dutch financial services firm, plans to sell up to €8 billion (£7.2 billion) selling of non-core assets after tapping a government rescue fund last year. ING expected to sell between 10 and 15 businesses “over time and a...
March 2009
AIG investor Eli Broad said he has thrown in the towel!
once the world’s biggest insurer, American International Group Inc had to be bailed out by the U.S. government last September after losses on bad mortgage bets. A better approach, suggested Broad, would have been to offer government guarantees on...
September 2008
Texas Pacific Group investor letter- humbled by Wamu losses
Drastic move by the government to close and sell the banking assets of savings and loan company Washington Mutual Inc to JP Morgan basically wiped out the $1.35 billion investment that TPG made five months ago..Texas-based private equity firm Texas Pa...
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