Diversified Investment Services

Global Investment Services to go into liquidation

Global Investment Services SA:Makes formal declaration of insolvency to Paris Commercial Tribunal in order to request opening of liquidation proceedings.

Thursday, 24 Jul 2014 08:00pm EDT

Intercontinental Exchange Inc completes sale of Wombat Financial Software to SR Labs

Intercontinental Exchange Inc:Completes previously announced transaction with SR Labs for sale of Wombat Financial Software, a unit of NYSE Technologies.Transaction closed on July 23 and terms were not disclosed.

Wednesday, 23 Jul 2014 04:17pm EDT

CA Bancorp Inc announces agreement for insurance joint venture

CA Bancorp Inc:CA Bancorp Inc (CAB) and Federated National Holding Company (FNHC), announcing an agreement to form new Florida-based property and casualty insurance carrier to be named Monarch National Insurance Company (Monarch).Transatlantic Reinsurance Company (TransRe) is taking minority...

Monday, 21 Jul 2014 09:01am EDT

Avenir Finance acquires Inovalis's real estate operations; appoints Stephane Amine chairman and chief executive

Avenir Finance SA:Says shareholders approved acquisition of Inovalis's real estate operations (France and Germany).Shares of Realista, Inoprom, Inovalis AM and Inovalis PM will be transferred to Avenir Finance.In exchange Inovalis will receive 5,154,844 new Avenir Finance shares and will become...

Thursday, 17 Jul 2014 08:00pm EDT

Investec Ltd announces change in Chairman

Investec Ltd:Says Sir David Prosser has decided to retire and will therefore step down from Boards on Aug. 08 2014.Fani Titi, who along with Sir David, has served as Joint Chairman of Boards from their appointment as Joint Chairmen in 2011, will assume role of sole Chairman of Boards, also with...

Tuesday, 15 Jul 2014 10:30am EDT

Hotel Leelaventure Ltd's lenders sell 38.80 bln Indian Rupees loans to JM Financial Ltd-Business Standard

Hotel Leelaventure Ltd:Lenders to Hotel Leelaventure have sold 97 per cent of their exposure to the asset reconstruction company of JM Financial Ltd-Business Standard.The CDR empowered group, formed by the lenders, has approved the exit of the company from CDR.

Wednesday, 2 Jul 2014 09:10am EDT

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