2M Group receives follow-up fund from Investec

Investec gave follow-up financing to 2M Group Limited today. Investec Growth and Acquisition Finance handed out a follow-up financing to 2M Group Limited, an existing client who owns Surfachem and Banner Chemicals.


Krung Thai Asset Management announces THB 28 billion or USD 891 million-IPO from Thai real estate firms by year's end

A Thai-based fund manager announced that two leading real estate firms in Thailand plan to raise THB 28 billion or USD 891 million in an initial public offering scheduled by the end of this year.

African Bank Investments announces sale of retail furniture business to boost balance sheet

African Bank Investments announced it would sell its retail furniture business to strengthen its balance sheet hit by slow demand and increasing bad loans.

Chinese watchdog announced recall of BMW vehicles

The General Administration of Quality Supervision, Inspection and Quarantine announced that BMW Brilliance Automotive Ltd will recall 143,215 vehicles for electric power steering system problems.


Latest News

EMIS Group announced that it had acquired Digital Healthcare Limited for GBP3.1 million. The EMIS Group's board of directors announced it had acquired Digital Healthcare Limited.
The Nigerian federal government created a committee to enhance both private equity and venture capital investments across the country.
A KKR executive revealed that his firm was keen on investing in structured debt and mezzanine deals in Australia.
Northstar Group announced it had bought ERA Realty Network for US$100 million. Northstar Group, an Indonesian private equity firm, revealed it had obtained ERA Realty Network for over US$100 million.
Guy Hands stated they were mulling either a float on the London stock exchange or an outright sale of Infinis.
Sources said Red Fort Capital is to launch a real estate fund worth between US$500 million and US$750 million.
Quick Heal revealed its plans to go public next year. Quick Heal Technologies, a security software developer, announced it intends to launch an initial public share offering in India.
Fitness First executives stated they would be investing GBP77.5 million into the company's operations in a bid to enhance their presence worldwide.
Unitech stated that it is mulling deals from at least two international private equity firms for its 3.6 million square feet special economic zone property in Gurgaon.
A group of investors led by Alan Hughes stated that they are prepared to purchase 315 bank branches for GBP1 billion from the Royal Bank of Scotland.