In a surprise decision, Hyundai Rotem withdrew its IPO citing weak market conditions and industrial disputes.
Deals
Bregal Partners acquires US Community Behavioral
Private investment firm Bregal Partners announced the purchase of US Community Behavioral LLC. Bregal Partners had announced the acquisition of US Community Behavioral LLC.
Blackberry strives for a sale before November - observers
Blackberry Ltd. would be expecting an influx of takeover bids after its board's announcement that the company is open to "explore strategic alternatives", including a sale.
syncreon announces the equity investment of Centerbridge Partners
Supply chain services expert syncreon welcomes new investor Centerbridge Partners into the fold. One of the world's leading providers fo customized supply chain services, syncreon Holdings Ltd, announced it had formalized an agreement with its shareholders with Centerbridge Partners as to the latter's minority investment in the firm.
Oasis Petroleum okays acquisition of North Dakota acreage for USD 1.52 billion
Oasis Petroleum purchased four acreages in North Dakota for USD 1.52 billion. Oasis Petroleum Inc inked four separate deals to purchase North Dakota acreage for USD 1.
Latest News
Hamilton Lane raised USD 900 million for its third secondary fund Hamilton Lane Secondary Fund III. Private equity asset management company Hamilton Lane announced the success of its Hamilton Lane Secondary Fund III with USD 900 million in capital commitments.
Today, Parkway Properties Inc. announced that it had agreed to merge with Thomas Properties Group Inc. in a stock-for-stock transaction.
SDR Ventures announced the acquisition of Zeus and Company Pet Supply Distributors by Pet Food Experts.
TPG Capital-backed Surgical Care Affiliates filed for a USD 100 million US IPO. A regulatory filing revealed that Surgical Care Affiliates Inc filed for an initial public offering (IPO) in the US.
Philippine real estate developer Megaworld Corporation would be adding PHP10 billion to its PHP25 billion development fund for the 72-hectare Iloilo Business Park located in the Visayas region.
Qualcomm and Samsung offered to the public the Toq and Galaxy Gear as an alternative to the smartphone.
A source told Reuters that Naguib Sawiris, America Movil and AT&T made preliminary contact with the core investors in Telecom Italia who wanted to exit the company.
Tele2 said it would want to increase its market share in the mobile telephone market in the Netherlands to 20% after the roll out of its own network.
In a town hall meeting, Jeff Bezos reassured the editorial staff of his recently purchased Washington Post of optimism in the digital age and continued independent journalism.
