|
|
Article: At A Glimpse.(Citigroup Inc. and Blackstone Group L.P. to invest in infrastructure development)(Blackstone Group L.P buys Pinnacle Foods Group)(merger between New York Stock Exchange and Euronext approved)
- Article from:
- Investment Dealers' Digest
- Article date:
- February 19, 2007
CopyrightCOPYRIGHT 2007 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
*Citigroup, Blackstone Group and two Indian finance companies have signed an agreement to start a $5 billion infrastructure fund to improve the country's roads, ports and other utilities.
The fund will invest $2 billion of equity in companies with the balance of the $5 billion taking the form of debt, Bloomberg reported.
*Restaurant chain Applebee's has hired Citigroup and Bank of America to advise on strategic alternatives, including the possibility of a recapitalization or a sale.
*The Securities and Exchange Commission approved the merger between the New York Stock Exchange and Euronext and set April 4 as the date of a joint listing, creating ...