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Wycoff, Lynch and Lubert fund starts investing in banks (BizJournals)
When Kirk Wycoff and Jim Lynch left the banking world in July 2007 to become managing partners in a private equity fund that invests in underperforming banks, they envisioned about 5,700 banks nationwide that fit their investment criteria. The plan was to invest in underperforming banks with up to $5 billion in assets, raising their value and holding investments for five-to-seven years.
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Scottish & Southern placing set to raise 470 million pounds (Reuters via Yahoo! UK & Ireland News)
Scottish & Southern Energy will raise upwards of 470 million pounds from a share placing to help fund acquisitions and investment, particularly in wind farms.
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AthletixNation gets license to thrill, nears fund-raising end (BizJournals)
A local tech startup has signed a deal that its CEO thinks could double its valuation.
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(AFX UK Focus) 2009-01-07 11:33 UPDATE 2-Scottish & Southern placing set to raise $700 mln (Interactive Investor)
LONDON, Jan 7 (Reuters) - British utility Scottish & Southern Energy will raise upwards of 470 million pounds ($700 million) from a share placing to help fund acquisitions and investment, particularly in wind farms. SSE shares, up a fifth in value over the past four weeks, fell 8.2 percent to 1,159 pence by 1030 GMT on the news SSE will place up to 5 percent of its issued ordinary share capital, ...
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Germantown studies charitable arm (Memphis Commercial Appeal)
Saying he wants to find ways to help fund the various charitable and civic organizations in the city, Alderman Mike Palazzolo is proposing that Germantown start its own Community Foundation.
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Vietnam to focus on hi-tech industry development (Vietnam Net)
VietNamNet Bridge – The Ministry of Industry and Trade (MoIT) is to invest in the industrial use of advanced technologies in a number of sectors, including computer electronics, mechanical engineering, metallurgy, chemicals, food processing and energy.
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Policy Summary Links (EUActiv)
In 2000, Europe's leaders formulated a non-binding action plan designed to catapult the EU's economy into 21st century.
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Reader views (0) (Evening Standard)
Fit to rule? Gordon Brown and GMTV’s Mr Motivator in Downing Street GORDON BROWN convened his Cabinet in Liverpool today in an attempt to show the Government actively tackling the recession.
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Grell will chair GOP task force (The Sentinel)
State House members returned to the Capitol Monday and got right to work on Pennsylvania’s current fiscal crisis.
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WRAPUP 2-Emerging sovereigns raise $4.5 bln in bonds (Reuters via Yahoo! Malaysia News)
(Updates with final pricing for Turkey)
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