Deals
AOL announces Adap.tv buy for USD 405 million
Global web services company AOL Inc announced that it would be purchasing Adap.tv for USD 405 million.
NXT Capital recapitalizes 1-800-Radiator & A/C with USD 20 million loan
NXT Capital announced the granting of a USD 20 million loan to 1-800-Radiator & A/C. NXT Capital announced the granting of a USD 20 million loan to 1-800-Radiator & A/C.
Actis announces acquisition of Paycorp from Transaction Capital
Private equity firm Actis announced its acquisition of Paycorp, a South-African payments business for USD 95 million.
IVG sees hope in the horizon for debt restructuring deal: sources
Sources told Reuters that last-minute talks held by German real estate company IVG with creditors could make its debt restructuring deal a possibility.
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Manila Electric Co (Meralco) Chairman Manuel Pangilinan confirmed his company's interest in the power assets of San Miguel Corp (SMC).
The Warsaw Stock Exchange (WSE), also known as the Giełda Papierów Wartościowych w Warszawie (GPW), said it aims to purchase an equity stake of up to 30% from Aquis Exchange.
Sources told Reuters that Wal-Mart Stores Inc is thinking of bidding ParknShop, the supermarket business owned by Li Ka-shing.
Ray Investment, the private equity owner of Rexel, announced that it plans to sell another 10% of its stake in the French company.
International Finance Corporation revealed it would be increasing its investments in Nigeria by 25% to US$2 billion by 2014.
Spanish officials sold a controlling stake in Project Bull to H.I.G. Capital for around EUR100 million.
Reports suggested that Cohen & Steers Inc. is shutting down its private equity real estate operations.
A joint venture between Tower Realty Partners, Second City Capital Partners, and the affiliates of Feldman Equities bought a 187,000 square foot St. Petersburg building for US$20 million.
YuMe Inc. revealed that it set its IPO price per share at US$9, below the company's US$12-US$14 expected price per share.
First Solar announced they acquired numerous assets from Element Power across the US and Mexico for an undisclosed amount.