US buyout firm TPG had opened discussions with Manappuram Finance for a possible minority shareholdings.
Deals
US investment companies bid for Lloyds Irish portfolio -sources
Three US investment companies reportedly placed bids for the Irish properties of Lloyds Bank. Sources told Bloomberg that Lone Star Funds, Apollo Global Management and Goldman Sachs Group Inc had placed bids for the Irish properties that were put up for sale by Lloyds Banking Group.
Strathspey Crown purchases Evolus for undisclosed amount
Strathspey Crown acquired Evolus, giving its subsidiary Alphaeon Corporation the exclusive license to market the neurotoxin developed by Daewoon Pharmaceutical.
Decision on Graincorp acquisition extended to December 17 - Australian Treasurer
Treasurer for Australia Joseph Hockey extended the time frame for Australian regulators including himself to decide whether the acquisition of GrainCorp Ltd by Archer Daniels Midland Co would go against the national interest.
Indian physicians join together for heart care education in India and the United States
The American Association of Physicians of Indian Origin and the American Heart Association Liaison Committee join in a programme on stroke and heart attack education in the US and in India.
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Confie Seguros bought three insurance brokerages located in New York and Texas for an undisclosed amount.
Solera Holdings said it would be buying USD 289 million worth of equity interest in Service Repair Solutions Inc from Welsh Carson Anderson & Stowe via a joint venture agreement.
Educational company Anima Educacao would be undertaking a USD 158 million IPO later this month. Brazil-based educational firm Anima Educacao said it had set an initial public offering later this month.
McDonald's representatives told the Company Law Board that the removal of its partner was due to actions violative of their joint venture agreement.
Barclays Plc (BARC) said in a statement that it had managed to sell around GBP472 million or USD761 million worth of rights issue stock.
An Italian government official said on Italian radio that Finmeccanica had agreed to exit from its controlling stake in Ansaldo Energia.
China Minmetals managing director Gu Liangmin said the company would be careful about their decision to buy the Las Bambas copper mine of Glencore-Xstrata.
Severstal North America chief executive Saikat Dey told reporters in a conference call that the US arm of Russia's second largest steel producer would be focusing on getting the best returns for the company.
Owners of drug firm Ikaria had started working with banks on the possibility of selling the company.
