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Doosan Fuel Cell block fetches $253m

A group of shareholders in Doosan Fuel Cell, a subsidiary of Korean conglomerate Doosan Group, pocketed W274.35bn ($252.6m) from a clean-up trade in the company’s stock on Tuesday night.

WestBridge promotes three

WestBridge has promoted three investment professionals.

Billionaire Ray Dalio reflects on grief after death of his son

‘When I shifted from regretting the past and feeling sorrow for my/our loss to improving the future, I became emotionally better off’

NYSE reverses China telcos delisting plan

The New York Stock Exchange has dropped plans to delist the stocks of China Mobile, China Telecom Corp and China Unicom (Hong Kong).

Hedge funds see $5.2bn in inflows in October, reversing course from September's redemptions

Opalesque Industry Update - The hedge fund industry returned to monthly inflows in October, bringing in $5.2 billion in new assets for the month. The industry had experienced $2.8 billion in redemptions in September. October's

MB Funds to sell A-Katsastus to Finnish cooperative Tradeka

MB Funds has signed an agreement to sell A-Katsastus Group, a Finnish vehicle inspection business and driving licence provider, to Tradeka-Yhtiöt.

Mobeus backs £9.5m ABL1Touch buyout

Mobeus has backed a buyout for automotive accident repair group ABLE1Touch, worth £9.5m.

AnaCap acquires Novia

AnaCap Financial Partners has acquired wealth management service Novia Financial.

Inflexion to acquire Norway’s Infront in $171m deal

The financial data, news and analytics company has about 90,000 users in more than 50 countries

HVD Partners sells Solifos to trade

HVD Partners has sold fibre cable business Solifos to Austria-based fibre optic products specialist NBG.

Waterland closes eighth fund at hard cap of €2.5bn

New fund reached target in three months

SEC enforcement chief to depart

Fines rose during Stephanie Avakian’s tenure; move will allow Biden to put stamp on agency

SEC enforcement chief to depart as US regulator prepares for turnover

Fines rose during Stephanie Avakian’s tenure; move will allow Biden to put stamp on agency

BlackRock to target more than 1,000 companies over climate change

The asset manager earlier this year put 191 companies “on watch” for their failure to address climate risks

EQT buys Danish ferry operator Molslinjen in €1bn deal

The company has more than 700 employees and 15 vessels serving over eight million people per year across nine routes, including connections to Sweden and Germany

Insight Partners leads £100m investment in Exclaimer

Insight Partners has led a £100m investment in Exclaimer, an email signature marketing company.

Cavendish promotes Farrugia to managing partner

Cavendish Corporate Finance has promoted John Farrugia to managing partner.

Government to remove clauses from Internal Markets Bill in bid to appease EU

The Internal Markets Bill is to face a vote in the House of Commons later on 7 December, in which the government intends to reject changes made by the House of Lords

Permira leads €150m round for Catawiki

Permira has led a €150m funding round for Netherlands-based online auction platform Catawiki.

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