Bulat Utemuratov is thinking whether to purchase state owned shares in Alliance Bank and Temirbank. Bulat Utemuratov, the Kazakh billionaire tycoon is contemplating whether to purchase Alliance Bank and Temirbank from the government.
Archives
Steady Med Gets Loan from Square 1
A US$3 million loan was granted by Square 1 for the expansion goals of SteadyMed. Square 1 Bank has announced it has opened a US $3 million term loan credit facility to SteadyMed Therapeutics.
GC Capital Acquires Med-Tech Resource
First aid manufacturer Med-Tech Resource was acquired by private equity firm GC Capital. A San Francisco based private investment firm, GC Capital has announced the acquisition of majority shareholdings in Med-Tech Resource.
Bank of Shanghai IPO Being Prepared
The Bank of Shanghai is preparing a US $2 billion offering in Hong Kong and Shanghai bourses. The Bank of Shanghai is planning to seek US$2 billion in an IPO in Hong Kong.
Adknowledge Purchases SocialWeekend Labs
Adknowledge purchases SocialWeekend Labs, the formal company name of MontiPay Inc. In an announcement, Adknowledge has acquired Montipay Inc under its name SocialWeekend Labs.
Latest News
Immofinanze to list apartment portfolio of Buwog in an IPO. The residential unit of Immofinanz AG in Frankfurt will be offered in an initial public offering as early as November.
The purchase underscores the market expansion into France and away from Britain. India's number one software services company, Tata Consultancy Services, would purchase Alti SA of France for the price of Eur 75 million or US$98 million.
AXA PE sells off its shareholdings in Duplomatico Oleodinamica. AXA Private Equity has sold its interest in Duplomatic Oleodinamica, the Italian industrial supplier to Progressio SGR.
The latest bid is now subject to exclusive talks between Billabong and Naude-Sycamore consortium. Billabong International Ltd, the Australian surfwear company is now entering a ten (10) days of exclusive discussions with a consortium for a takeover bid.
Hutchison Whampoa is purchasing Telecom Italia shares. It is viewed that Hutchison Whampoa is eyeing a 29. 9% stake in Telekom Italia. This is part of a deal that would give the Italian company local business in the country 3 Italia an opening in the market.
Ericsson has purchased Mediaroom IPTV from Microsoft for an undisclosed amount. Ericsson, the telecommunications equipment manufacturer from Sweden has formalized a deal to purchase Mediaroom IPTV from Microsoft.
According to information obtained, venture capital performance has been sub par in the past ten years.
The price tag for THL Partners acquiring CompuCom. CompuCom, the information technology outsourcing company announced that it is to be purchased by private equity firm Thomas H.
Generali's US life reinsurance unit would be bought by one of two bidders currently on the short list.
