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Tag: investment
Investment giant Capital Group boosts Potash Corp. stake above 10%
2014-11-12 04:43:45| Chemicals - Topix.net
Jochen Tilk was named chief executive of Potash Corp in April and took over for the retiring Bill Doyle in July. The Los Angeles-based firm disclosed in a filing this week that it has boosted its stake in Potash Corp. of Saskatchewan Inc. to 83.1 million shares, or just above 10% of the total.
Tags: group
capital
investment
corp
Deutsche Telekom to set up new USD 500 mln investment fund
2014-11-11 15:36:00| Telecompaper Headlines
(Telecompaper) Deutsche Telekom wants to set up an investment fund worth EUR 500 million for a five-year period, on top of its existing T-Venture investments. Deutsche Telekom's supervisory board has approved the setup of a specialist team of investment managers for the new Deutsche Telekom Capital Partners (DTCP), set to launch early next year. The plan doubles the group's commitment to investments in ventures and innovation. DTCP will be one of the largest investment funds in Europe, and will also advise Deutsche Telekom on existing investments in STRATO, Interactive Media, Scout, Deutsche Telekom Innovation Pool (TIP) and T-Venture. T-Venture, the venture capital fund established in 1998, will be closed to new investments but the team will remain on board and continue to manage the existing portfolio of around 100 companies. T-Venture will also retain responsibility for follow-up investments within this portfolio. New investments will be executed through DTCP. DTCP will support Deutsche Telekom's strategy as an external innovation engine through investments in venture capital, with a special focus on Germany's start-up scene. On top of that, DTCP will also expand its activities to include private equity investments in existing undertakings to foster operational cooperation between over-the-top companies and Deutsche Telekom.
Tags: set
investment
usd
fund
Samsung Plans More Investment in Vietnam
2014-11-10 12:56:56| Semiconductors - Topix.net
Samsung Electronics Co. said Monday that it would invest up to $3 billion to expand its existing handset manufacturing facilities in Vietnam, part of a push to cut production costs as Chinese competitors eat into the South Korean company's smartphone profits.
Tags: plans
investment
samsung
vietnam
Lux Research provides snapshot of oil majors investments in alternative fuels; BP leads investment frequency
2014-11-10 12:55:38| Green Car Congress
Tags: research
alternative
investment
oil
Samsung Plans More Investment in Vietnam
2014-11-10 12:20:28| Electronics - Topix.net
Samsung Electronics Co. said Monday that it would invest up to $3 billion to expand its existing handset manufacturing facilities in Vietnam, part of a push to cut production costs as Chinese competitors eat into the South Korean company's smartphone profits.
Tags: plans
investment
samsung
vietnam
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