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.
Deals
Rotunda Capital sells stake in Worldwide Express
Rotunda Capital announced its exit from Worldwide Express today. Mid-market private equity firm Rotunda Capital Partners announced its exit from Worldwide Express today.
New iPhone app Spinlister links bike owners with renters
iPhone recently introduced a new app that connects bike owners with those seeking to rent them. iPhone recently introduced a new app that connects bike owners with those seeking to rent them.
Hastings Funds acquires Northern Ireland's Phoenix Natural Gas
Hasting Funds Management bought the entirety of Carmel Capital, including its subsidiary Phoenix Natural Gas.
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.
Latest News
The Children's Investment Fund demanded European Aeronautic Defence and Space Company to sell the 46% stake the latter holds in Dassault Aviation.
AXA Private Equity, NTT Communications, and Arkadin International have agreed on NTT Communications' acquisition of a majority stake in Arkadin.
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.
