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AIG Gets OK to Buy Stake in Bulgarian Telecom Operator

By Investment News Staff, Money Morning - August 13, 2007

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AIG Gets OK to Buy Stake in Bulgarian Telecom Operator

By Investment News Staff, Money Morning - August 13, 2007

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From Staff Reports The European Commission (EC) has given AIG Global Investment Group the green light to acquire 65% of Bulgarian Telecommunications Co. (BTC), the Eastern European country’s largest landline telecommunications operator, for $1.47 billion. AIG Global Investment Group is the private-equity investment arm of American International Group Inc. (NYSE: AIG). The EC ruled that […]

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To Make a Small Fortune in Hedge Funds, Better Start With a Big One

By Martin Hutchinson, Global Investing Specialist, Money Morning - August 2, 2007

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Hedge funds and private-equity funds are both a sucker's bet. As an investor, the best thing you can do to profit from these "alternative" investments is to avoid them altogether.

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Dubai Employs the Latest Private Equity Strategies to Boost its Shifting Economy

By Mike Caggeso, Money Morning - August 1, 2007

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By Mike CaggesoAnd William Patalon III Just two days after Dubai Aerospace Enterprise offered to buy Auckland International Airport in New Zealand for as much $2.1 billion, the government-run aviation investment group announced a week ago that it is scouting airport projects in Europe. Only three months ago, Dubai Aerospace Enterprise, or DAE, agreed to […]

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