Fiat would await the Delaware court verdict on the valuation of VEBA held shares in Chrysler before commencing the merger of Chrysler and Fiat.
Archives
Shuanghui Int'l Purchases Smithfield Foods
Shuanghui Int'l buys Smithfield Foods through loan facilities provided by Morgan Stanley and the Bank of China.
Suntory to Hold Largest IPO in Japan to Date
Suntory Holdings is preparing for an IPO that is projected to be the largest in Japan to date. In what is projected as the largest initial public offer in Japan this year, Suntory Holdings Ltd is projecting to net as much as 476 billion yen or US$4.
CVC to List Matas Shares for IPO
CVC Capital Partners set to do IPO of Matas shares. CVC Capital Partners Ltd, the European private equity firm, is deep in preparations to sell part of its stake in Matas, the drugstore chain, through an IPO.
Morocco's Attijariwafa Bank to Issue Bond Float
The Moroccan institution Attijariwafa Bank is set to raise US$500 million through a foreign bond float.
Latest News
EMC is undertaking a share buyback program as well as giving dividends on its shares. The world's largest manufacturer of storage computers, EMC Corp has expanded the budget for its share buyback plan by another US$5 billion.
Former CIA Director David Petraeus joins KKR to head a new 'institute' within the firm to evaluate investments in emerging markets.
Fiat is preparing to purchase the rest of the shares of Chrysler through a loan being prepared by a number of banks.
Dish Network increases its bid for Clearwire to US$4.40 per share. Dish Network increased its offer to purchase Clearwire Corp to US$4. 40 per share. At this price, the enterprise value of the wireless service provider is estimated at US$6.
TuneIn announces its latest funding round led by Institutional Venture Partners worth US$25 million.
Fosun International purchases Alma Lasers, where the latter was advised by Harris Williams. Harris Williams, one of the foremost middle market investment banks in the world, recently announced the sale of Alma Lasers to the subsidiaries of Fosun International.
Warburg Pincus shares have been bought back by Primerica, totalling US$154.7 million in stock and warrants.
Novo AS invests in Ophhtotech Corporation for the further development of drug Fovista. In an announcement made today, Ophthotech Corporation said it was able to raise US$175 million in funding to finance the global Phase 3 clinical program of its lead medication Fovista.
Warburg Pincus leads a consortium to invest in Vingroup Joint Stock Co. The private equity owner of the Neiman Marcus Group Inc, Warburg Pincus LLC, would be leading a consortium that would invest nearly US$325 million in Vingroup Joint Stock Co of Vietnam.
