Grosvenor Capital Management and Credit Suisse agreed on the latter's sale of its Customized Fund Investment Group.
Deals
Silver Lake, Dell sweeten merger deal
The Special Committe of Dell entered a revised merger deal with Silver Lake and Michael Dell. According to an announcement made by the Special Committee of the Board of Dell Incorporated, the company entered a revised definitive merger deal with Silver Lake Partners and Michael Dell.
Transition Therapeutics enters into USD 21.7 million private placement with investors
Toronto-based Transition Therapeutics announced its USD 21.7 million private placement with investors.
French luxury store bought by Disa
Disa bought Primtemps, a French department store from Deutsche Bank and Murizio Borletto. Italian entrepreneur Maurizio Borletti and the Deutsche Bank successfully sold one of France's largest department store chains to Divine Investments SA (Disa).
Kazakhmys Plc shareholders approves ENRC stake sale
Kazakhmys Plc and its shareholders announced that they are have approved the bid from ENRC founders for stake sale.
Latest News
Biotech Corp said that it has already passed its investment target for this year. Malaysian Biotechnology Corporation, one of the largest biotech firms in Southeast Asia, said that it will be expecting a total of RM3 billion worth of investments in the sector this year.
PureCars bought Ronin Solutions and augments its SmartAdvertising Program. Ronin Solutions was bought by PureCars for an undisclosed amount. The latter, which offers products and services to help automotive dealers improve their business, was featured in the June 2013 edition of Digital Dealer.
Ageas SA announced that the company will return EUR200 million to shareholders and investors. Ageas SA announced that they will return an additional EUR200 million euros or US$264 million to its investors through a buyback deal.
Direct Line Insurance Group gained profits after lower claims mitigated offset placements. The United Kingdom's largest insurance provider for homes and automobiles, Direct Line Insurance Group, said that weather events in the country prevented the lowering of investment returns.
Two confirmed cases of cyclospora in Louisiana were confirmed and now the disease could become an outbreak.
Five investment projects were approved by Malaysia's National Key Economic Area today. Five new projects in Malaysia with a total investment value of RM388.
Thoma Bravo completed its purchase of Intuit Financial Services to recreate Digital Insight. Private equity firm Thoma Bravo announced the completion of its purchase of Intuit Financial Services.
H&M finally launched its online store after its 13-year stay in the country. H&M, a Swedish fashion retailer, finally launched its own e-commerce site August 1.
Thomson & Reuters data revealed 2013 to be a weak year so far for international mergers and acquisitions.
