Finance & economy

December 19, 2014

1

Pershing Square Holdings, Ltd. Releases Regular Weekly Net Asset Value as of 16 December 2014

Regulatory News:

Pershing Square Holdings, Ltd. (ticker: PSH:NA) today released its regular weekly Net Asset Value (NAV) on its website, www.pershingsquareholdings.com. The NAV was computed as of the close of business on Tuesday, 16 December 2014.


PSH NAV per share as of close of business on 16 December 2014 was USD25.30.


Weekly net asset value is calculated"......

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December 19, 2014

2

Dealertrack Announces Cash Offer to Acquire International Automotive Retailing Software Provider incadea plc

Dealertrack Technologies (Nasdaq:TRAK) today announced a cash offer to acquire incadea plc (LSE AIM:INCA), a leading provider of DMS software and services to the global automotive retail market. Under the terms of the transaction, Dealertrack will make a cash offer for the entire issued and to be issued share capital of incadea. The Board of incadea has unanimously recommended that the shareholders accept the Dealertrack offer.


Under the"......

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December 19, 2014

3

The Government of Indonesia, UNESCO, Panasonic Join Hands to Support Environmental Conservation and Education for the Next Generation

The Ministry of Culture and Elementary and Secondary Education of the Republic of Indonesia, PT. Taman Wisata Candi Borobudur, Prambanan and Ratu Boko (Persero)[*1], the United Nations Educational, Scientific and Cultural Organization (UNESCO) Office in Jakarta, and Panasonic Corporation signed a four-way Memorandum of Understanding (MoU) on October 9 to promote "conservation and awareness raising for the protection of UNESCO World Heritage Sites" and "education and cultural activities aimed at sustainable development for"...

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December 19, 2014

4

GE Capital Named “Best Factoring House” by Global Trade Review

GE Capital, a leading alternative finance provider to the mid-market, has been named as 2014 best global factoring house by Global Trade Review, the international publication for the trade commodity and export finance industry.


The award was the result of a poll of the publication’s corporate subscribers in its annual “Leaders in Trade” awards. Around 3,000 subscribers – as well as other companies engaged in cross-border trade activities – were asked to vote on which"......

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December 19, 2014

5

Renewable Energy Group and Neste Oil Settle US and Singapore Patent Lawsuits

Renewable Energy Group, Inc. (NASDAQ:REGI), headquartered in Ames, Iowa, USA and Neste Oil Corporation of Finland have entered into a Settlement and License Agreement whereby the parties have settled Neste’s US patent infringement lawsuit against REG and REG’s Singapore patent infringement lawsuit against Neste and REG has licensed certain Neste Oil NEXBTL technology and intellectual property rights for use at REG Geismar.


"We"...

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December 19, 2014

6

Pacific Life Re Signs New Longevity Reinsurance Agreements with Rothesay Life

Pacific Life Re today announced that it has signed a series of reinsurance agreements with Rothesay Life covering pension liabilities in excess of £1bn.


The transactions completed during 2014 provide longevity protection to Rothesay Life for a proportion of its in-force bulk annuity business; covering over 100 individual pension schemes and marking the seventh such"...

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December 19, 2014

7

Celgene Receives Positive CHMP Opinion to Extend REVLIMID® (Lenalidomide) for Continuous Use in Patients with Newly Diagnosed Multiple Myeloma and Ineligible for Transplant

Celgene International Sàrl, a wholly owned subsidiary of Celgene Corporation (NASDAQ: CELG), today announced that the European Medicines Agency's (EMA) Committee for Medicinal Products for Human Use (CHMP) has adopted a positive opinion for continuous oral treatment with REVLIMID® in adult patients with previously untreated multiple myeloma who are not eligible for stem cell transplantation.


The"...

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December 18, 2014

8

UAE’s Abraaj Group Buys Stake In Algeria-Based Logistics Firm

UAE-based private equity firm Abraaj Group has bought a stake in La Flèche Bleue Algérienne SPA (FBA), a company specialising in logistics and transportation services in Algeria.


The investment firm did not disclose the value of the deal or the size of the stake it acquired in FBA.


"...

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December 18, 2014

9

New power plant of Hassi Messaoud to be operational by next summer

The new power plant, under construction in Hassi Messaoud (80 km Ouargla), will be operational by the summer of 2015, said Tuesday in Ouargla, the Chief Executive Officer (CEO) of the Electricity and Gas Distribution Company (Sonelgaz).


"This major 600 megawatt project is one of many energy projects located in Ouargla these years and that allowed the city to move from"...

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December 18, 2014

10

Draft law on fisheries, aquaculture ensures principle of 'responsible fishing,' says Minister

The bill on fisheries and aquaculture discussed Tuesday at the People's National Assembly (Lower House), is intended to ensure the principle of "responsible fishing" to preserve fishing resources and create a promising economic activity, Minister of Fisheries and Fishery Resources, Sid-Ahmed Ferroukhi said.


"The bill amending and supplementing the Law 11-01 dated on"...

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