The Philippine Stock Exchange said meeting IPO targets this year would be difficult as market conditions continued to be volatile.
Deals
OCI Resources commences 5 million-common unit IPO
Today, OCI Resources announced that it had launched its initial public offering of 5,000,000 common units.
Lithium Technologies raises USD50M in mezzanine financing
Lithium Technologies announced today that it had raised USD50 million in mezzanine financing. Lithium Technologies is the leader in Social Customer Experience.
Afghanistan gov't looking to privatize Kabul Bank - report
The government of Afghanistan would be looking for favorable bidders for the privatization of the New Kabul Bank.
Belgium government grant-loan helps expand water, sanitation services in Kenyan town
A grant-loan from the Belgian government would expand the water and sanitation services in Iten, Kenya.
Latest News
Sole bidder Chevron won the Lithuanian tender for shale gas exploration, the government said in a Twitter announcement.
Platinum Equity announced the closing of Fund III with USD 3.75 billion. Global merger and acquisitions firm Platinum Equity announced that it scored USD 3.
The announcement of Nokia selling its handset unit to Microsoft Corp. had left hedge funds rushing to unwind their bets, leaving the Finnish company to score a record gain per day.
The Riverside Company announced its purchase of Rutland Plastics for an undisclosed amount. The Riverside Company announced that it had purchased Rutland Plastics.
New and old investors provide USD65 million in equity investments to Kaiima Bio-Agritech. Israeli technology company Kaiima Bio-Agritech Ltd is focused on seed and breeding technology.
The government of Japan proposed today its JPY47 billion or USD473 million 'ice wall' project in the hopes of stopping the leakage of radioactive water from the Fukushima nuclear plant.
Pamlico Capital places a significant equity investment in Physicians' Endoscopy. The management team of Physicians Endoscopy with Pamlico Capital announced the completon of an equity investment in Physicians Endoscopy LLC.
Aquiline Capital Partners and Genstar Capital Management announced that they had closed their acquisition of Genworth Wealth Management in a deal valued at USD 412.5 million.
Ares Commercial Real Estate Corporation said today that it has closed a previously announced deal to acquire Alliant Capital LLC.
