Sir Richard Branson’s Virgin Money is to buy nationalised lender Northern Rock in a £747 million deal, the Treasury has announced. The takeover of the Newcastle-based bank, which was taken into public ownership in February...
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Investment Capital
Publicis sets up €150m digital venture capital fund
Publicis Groupe and telecoms giant France Télécom-Orange are investing €150m (£129m) in a new venture to fund digital start-up projects across the EU The capital investment fund will offer finance to budding entrepreneurs in the...
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Blackstone Completes $4 Bil. First Closing
Blackstone Group, the U.S. private equity group, said it remains the best-positioned real estate investor to take advantage of the distress in the system as it confirmed the first closing on a $4 billion seventh...
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U.S. Stocks Rebound, Commodities Rise as Dollar Slips on Economy
U.S. stocks rebounded from a two-day slump and commodities rose, while the dollar and Treasuries fell, as the Federal Reserve raised its assessment of the economy and a report showed American payrolls grew more than...
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CertiVox Secures New Investment for Breakthrough Security Technology for the Cloud
CertiVox, an information security company, announced today that it has closed a second round of Series A venture capital funding. The GBP 1,500,000 round (approximately $2,400,000) was led by Octopus Investments and included Pentech Ventures,...
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