Sunday, June 15, 2025

Aveva and Schneider Call Off Merger as Too Risky

From Reuters LONDON (Reuters) – France’s Schneider Electric <SCHN.PA> has pulled out of the planned acquisition of a majority of Britain’s Aveva <AVV.L>, saying the two companies had mutually agreed that the proposed deal would be too risky and expensive. Shares in Aveva, a maker of software to design oil rigs, ships and nuclear power stations, crashed 34 percent to

Yorkville Capital Launches MLP Hedge Fund

Hedge Fund Strategy Addresses Institutional Investors’ MLP Concerns NEW YORK, NY–(Marketwired – December 15, 2015) – Yorkville Capital Management, a research-driven investment manager of master limited partnerships (MLPs), today announced the launch of a long-short MLP hedge strategy. The strategy addresses the major road-blocks keeping institutional investors from investing in the MLP asset class specifically price volatility and tax complexities.