A new approach may be on the way for supermarket chain Somerfield which has already rejected a bid of nearly pounds 600 million. Former Abbey National banking executive Gareth Jones was saidyesterday to be in discussions with venture capitalists about […]

FORMER Abbey National banking executive Gareth Jones was yesterday reported to be in discussions with venture capitalists about making an approach for Somerfield, the supermarket chain. The news comes just weeks after Somerfield rejected a takeover bid of almost pounds […]

Four Corners Capital Management is trying to reinvent itself after failing to cut it as an issuer of collateralized loan obligations. The Los Angeles money manager is currently working on a mutual fund that would buy the same junk-rated bank […]

Michael Ogan will join Banc One on July 14 as a principal in the Chicago group that underwrites CDOs and credit derivatives. The unit has been in existence under group head Tim Van Housen for about ayear, but it has […]

Jul. 4–At a time when the venture capital industry is in a deep slump, leaders in Midwest states are allocating hundreds of millions of dollars to risky investments with hopes of creating jobs aswell as good investment returns. At least […]

ROCHESTER DeltaPoint Capital Management, LLC, the brains behind the Alliance Bank merger, is looking for Central New York companies in which to invest. It set up a $50-million fund, which its managers hope will spawn about 15 new deals. It’s […]

Jul. 3–NORFOLK, Va. –As the technology bubble inflated in 1999 and 2000, venture capital firms threw money at every company with the next great invention or Internet business. Back then, theHampton Roads Technology Council helped local companies present their business […]

Some people may believe that irregular dimension and weight is a prerogative of the slimming industry but for mixed parcels carrier Nightfreight, IDW is profitable business. The Willenhall company’s vehicles chart their way across Britain’s highways 24 hours a day […]

BIOTECHNOLOGY specialist Vivantis Technologies Sdn Bhd plans to manufacture Malaysia’s first restriction enzyme and relieve its dependency on imported enzymes, says chief executive officer E.L. Law. Restriction enzymes, harnessed from bacteria, are used in molecular biology to chop DNA chromosomes […]

SAN FRANCISO–(BUSINESS WIRE)–July 2, 2003– Top nominations include salesforce.com and Google as over 1,000 investors, investment bankers, entrepreneurs and executives cast their votes for the companies that demonstrate market traction and ability to disrupt existing markets Salesforce.com, the world leader […]

BRIAN HOWES, the chairman of Finance Wales which was created to assist small to mediumsized enterprises to innovate and grow, argues that companies which fail to balance the elements making up theirfunding package, could pay a high price. When a […]

Jul. 2–U.S. venture capital investing is down 44.1 percent in the second quarter compared with the same period in 2002, according to VentureWire, an online venture capital newsletter. Preliminary figures show 355 private U.S.-based companies raised $3.3 billion in venture […]