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PEI Staff

The company had been planning a restructuring which would have meant further investment and a conversion of bank debt, lease obligations and accrued interest equity in the company.
Alongside the plunge in Internet stock prices, something else is in danger of falling: the self-confidence of New Economy leaders, writes Kerry J. Sulkowicz.
The California Public Employees' Retirement System also has an option to invest another $435m over the next two years.
Telecoms software company ECT will use the capital on product development and expansion into additional European markets, including Scandinavia and Spain.
Venture capital was the top-performing sector over the last 10 years across the whole of the investment trust industry in the UK.
Baring Vostok Private Equity Partners returns to Eastern Europe with the first direct investment fund since the 1998 crisis.
The investment firm wants to focus all resources on Medicover, its largest holding.
Usually not shy to take on tough deals, bidder Alchemy is put off by Baird’s debt provisions.
The UK VCT manager is keen to do more business with institutional clients.
35 per cent first-half pre-tax profit increase strengthens the healthcare provider’s bargaining power in auction.
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