Technology service provider Perot Systems Corporation announced on Monday that it will acquire BearingPoint Management Consulting (Shanghai) Ltd.The acquisition, which is still subject to the approval from the Chinese government and the U.S. Bankruptcy Court, will make the BearingPoint China Consulting...
* Buyer is Ameriprise Financial * BofA mulling alternatives for other Columbia businesses * Deal makes Ameriprise global asset manager, CEO says * BofA shares down 1.6 pct; Ameriprise up 10.3 pct (Adds CEO comments,...
Wellington Management Co LLP, an asset manager and trust investment advisor to global institutions, recently raised its shareholding in Jiangsu Expressway Co Ltd<600377><0177> to 5% from the previous 4.94%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>. Information from...
Li Zihao, general manager of Mudan Automobile Shares Co Ltd<8188>, on Sep. 21 raised his shareholding in the company to 11.38% from the previous 8.18%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>.HKEx said that Li, who is also chairman of Chengdu New Land...
By Sun Zhe The management of Sina will buy 5.6 million shares of the company to become the main shareholder in the first management buyout case in the country's IT sector, the NASDAQ-listed web portal announced Monday. The same day, the company also announced the ending of merge talks with Focus ...
Trend Micro, a global leader in Internet content security, has appointed Nick Black as the new technical manager for Trend Micro, Mediterranean Middle East and Africa.
SYDNEY, Sept 25 - Australia and New Zealand Banking Group Ltd <ANZ.AX> <ANZ.NZ> expects its return on equity on its newly expanded wealth management business to be in the "mid-teens", the company told an analysts...
Mirae Asset Global Investments, a subsidiary of Seoul-based Mirae Asset Financial Group, has inked an agreement with two Chinese partners to jointly set up a fund management venture, Mirae Asset Huachen Fund Management, sources reported. Huachen Trust Co and Tiantu Capital are expected to invest RMB 40...
ZAGREB, Sept 22 - The Croatian government sacked the entire management of state electricity board HEP on Tuesday after allegations of corruption in the European Union candidate's biggest public company. Newspaper reports have said HEP...
* To test national, rather then divisional management * CEO sees as best route in quick-growing economy * Sees emerging economies outpacing West in recovery BOSTON, Sept 22 - General Electric Co plans to test...