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’The lesser spotted Glencore (updated)
Rarer than a willow tit Glencore International was seen at the top of the FTSE 100 leaderboard on Thursday morning.
Here’s the sighting from our markets twitcher.
That advance follows news that First Reserve,
First Reserve raises £9bn fund
First Reserve will on Monday strengthen its position as the energy sector’s biggest private equity investor by announcing it has raised almost $9bn for its new buy-out fund, even though the year-long fundraising fell short of its $12bn target,
Bids sought for Brand Energy
First Reserve is actively soliciting bids for Brand Energy and Infrastructure Services, the scaffolding provider, in a process that could generate bids in the region of $1.5bn. The energy-focused US private equity firm,
First Reserve in nuclear venture
First Reserve, the US private equity group specialising in energy, will this week unveil plans to invest hundreds of millions of dollars in a nuclear fuel venture headed by two uranium industry veterans.
First Reserve puts $940m into solar energy
First Reserve, the buy-out group specialising in energy investments, on Monday announced plans to invest €600m ($938m) in a solar energy company it created through recent acquisitions in Spain and Italy.
First Reserve and CV Starr boost syndicate
CV Starr – the investment vehicle run by Maurice “Hank” Greenberg, former chairman and chief executive of American International Group – and First Reserve Corp, the biggest private equity firm specialising in energy,
First Reserve to acquire Scotland’s Abbot
Abbot Group, the Scottish oilfield drilling services company, has agreed a £906m buy-out by First Reserve Corp, the world’s biggest private equity investor specialising in the energy industry. The takeover,
Goldman and MS lead $15bn Dominion assault
Two historic Wall Street adversaries are combining forces to crack a huge deal in the energy sector, reports the Wall Street Journal.
The investing arms of Goldman Sachs and Morgan Stanley are quietly collaborating on a massive private-equity play for the oil-and-gas assets of utility company Dominion Resources — a deal that could top out at $15 billion,
Markets live transcript 21 Dec 2006
Markets live chat transcript for the chat ending at 11:38 on 21 Dec 2006. Participants in this chat were: Helen Thomas (HT) Neil Hume (NH)
HT: Good morning – welcome to markets live – our daily look at what’s happening around the markets.