Sources told Bloomberg that Power Asset Holdings had approached banks for a USD 4.8 billion loan. Power Asset Holdings Ltd had been seeking a USD 4. 8 billion or HKD 37.
Deals
Pamlico Capital closes Pamlico Capital III with USD 650 million
Pamlico Capital closed Pamlico Capital III with USD 650 million in an oversubscribed round. Pamlico Capital announced it was able to close Pamlico Capital III with USD 650 million.
Forward Investment Partners participates in USD 2.8 million seed funding round for Wool and the Gang
Forward Investment Partners joined other private equity firms in the USD 2.8 million seed funding round for Wool and the Gang.
UK government plans to increase Royal Mail shares to cater to small, public investors
The Guardian said the British government might increase the 30% Royal Mail share allocation it would be selling to small and public investors.
Monroe Capital provides credit facility for acquisition of Escort Inc by Monomoy Capital Partners
Monomoy Capital Partners would acquire Escort Inc through the credit assistance of Monroe Capital. A funding worth USD78. 5 million senior secured credit facility was put in place by Monroe Capital to support the acquisition of Escort Inc.
Latest News
According to anonymous sources, Zulily Inc would be disclosing the financial details of its public listing plans this week.
The initial public offering of Stock Spirits Group would value the company at GBP 420 million or USD 675 million.
Sources told Bloomberg that Italian Prime Minister Enrico Letta was pushing for a state-controlled firm to back Alitalia in its planned merger with Air France-KLM.
Real estate firm Ledermann Immobilien cancelled its planned IPO today because of low demand. Swiss-based real estate firm Ledermann Immobilien said it would not push through with its planned initial public offering (IPO) anymore.
China, Korea, Japan and Taiwan are some of the possible strategic partners Bandanna Energy was discussing with
At the height of its business, BlackBerry servers provided supported its devices with secure email technology, which now is key to its survival.
Upon the recommendation of the Telecom Regulatory Authority of India, new guidelines for spectrum sharing would be imposed by the Telecom Commission.
A source said Vodafone Group Plc was not interested in bidding for Telecom Italia's Tim Participacoes SA.
Abraaj Group would put an undetermined amount in AIS Group. The Abraaj Group had announced last Monday a decision to invest in one of its funds in the African Industrial Services Group.
