Deals
Fubon Life plans to beef up overseas real estate portfolio after lifting of restrictions
Fubon Life Insurance Co would be buying real estate overseas after the Taiwanese regulator eased restrictions for insurance firms on property investments.
Gnanalingam becomes billionaire from Wesports Holdings IPO
Westports Holdings Executive Chairman G. Gnanalingam became a billionaire with the port operator's initial public offering.
Societe Generale to sell Asian financial unit
Societe Generale would sell its Asian financial unit priced around USD600 million, said sources that were cited in a Reuters report.
FinGelit plans to go public next year
FinGelit Chief Executive Officer Mattia Malgara said the Italy-based food maker would be going public next year.
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Oregon-based Cascade Microtech announced its acquisition of ATT Advanced Temperature Test Systems. Cascade Microtech bought Germany-based ATT Advanced Temperature Test Systems for EUR 8.
British insurance firm Aviva sold its US business to Athene Holding for USD 2.6 billion. Aviva Plc sold its US unit to Athene Holding for USD 2. 6 billion, fetching USD 800 million more than the initial price tag.
Empire State Realty Trust debuted on the New York Stock Exchange at USD 13.10 per share. Empire State Building owner Empire State Realty Trust Inc debuted on the New York Stock Exchange on Wednesday.
Accelerator program and investment firm 500 Startups announced that it was able to close USD 44.1 million for its second fund.
LENSAR closed USD 27 million in private equity financing and USD 60 million through credit financing.
Goldman Sachs purchases 19%, Danish pension funds ATP buys 5% and PFA acquires 2% in Dong Energy A/S, the largest utilities firm in Denmark.
Taiwan's banks have become minefields for private equity companies. The banks of Taiwan, once seen as avenues to inroads towards China, have increasingly become minefields for private equity firms.
BlackBerry's shares increased because of rumored interest from Cerberus Capital. The report of a second expression of interest in BlackBerry shares of stock caused its values to its heart.
The IntercontinentalExchange Inc set to purchase NYSE Euronext. The NYSE Euronext and the IntercontinentalExchange Inc announced last Wednesday that the two are nearing ICE's completion of its proposed takeover of the Big Board operator.
The General Authority for Civil Aviation's sukuk bond issue reach SAR15.2 billion. State airports operator of Saudi Arabia had priced a SAR15. 2 billion or USD4.