Private equity firms had been seen selling its ownership stakes in small and medium companies in China to gain back equity.
Deals
Longyuan wins bid, will build wind farms in South Africa
Beijing-based wind farm operator China Longyuan Power Group Corp won a bid to jointly develop wind farms with local companies in South Africa.
Google protects secret SFO bay project via confidentiality agreements as new barge shows up in Maine
Google Inc had been going to extreme lengths to keep the purpose of its new infrastructure secret. In a report by Reuters, Google Inc went to great lengths keeping its latest infrastructure project under wraps.
Kleinwort Benson renews deal to buy out Deutsche Bank’s BHF-Bank
RHJI renewed a deal with co-investors to successfully acquire Deutsche Bank’s BHF-Bank. In an attempt to acquire Deutsche Bank, BHF-Bank, Kleinwort Benson, RHJ International's owner, rallied co-investors.
Twitter changes timeline design means more revenue to advertisers?
Twitter recently changed its design to give users a more direct experience. Twitter Inc has tweaked its design last Tuesday, Oct. 29, to provide its users direct image- and vide-sharing options within its timeline, according to a report from Reuters.
Latest News
CVC Capital Partners would be acquiring a 69% ownership stake in Chinese restaurant chain South Beauty Investment Co Ltd for USD300 million, sources said.
The source said China Construction Bank Corp's acquisition of BicBanco would be the easiest step in securing a license to expand in Brazil.
Sarissa Capital Management acquired a 6.22% ownership stake in biotechnology firm Ariad Pharmaceuticals.
Fund managers said they were optimistic about Twitter's upcoming debut. Institutional investors expressed confidence about the initial public offering of social media company Twitter Inc.
Sources told Bloomberg that the Blue Bird Group had begun to check investor demand for its planned USD 450 million IPO.
News Corp received a five-year revolving line of credit amounting to USD 650 million. News Corp was able to get a revolving credit line worth USD 650 million, which would be good for five years.
Sources said Blackstone would be making a bet for regional government properties in Spain after its July acquisition.
Securus Medical Group raised USD 6.5 million at the initial close of its Series B round led by 3X5 Special Opportunity Fund.
French advertiser Criteo raised USD 250 million from its IPO. France-based firm Criteo raised USD 250 million from its initial public offering in the US.
