Richard Baker, CEO for Hudson's Bay, said that he is doubling his efforts for the Saks Inc bid.
Deals
Foundation to go public
Foundation had filed its official IPO documents with the Securities and Exchange Commission as it plans to raise US$86.25 million in equity funding.
NSW state governement sets deadline for Macquarie Generation bidders
The New South Wales state government announced that bidders for Macquarie Generation will have until August 19 to file expressions of interest.
Israel's Bank Leumi to invest US$50 million in three Viola Group funds
Bank Leumi stated that it is in advanced talks to invest around US$50 million in Viola Group's Viola Capital, Viola Private Equity, and Carmel Ventures.
CPPIB to acquire 27.6% stake in Aliansce
CCPIB said that they are set to acquire a 27.6% stake in Aliansce Shopping Center SA. The Canada Pension Plan Investment Board announced that they have agreed to acquire a 27.
Latest News
Plains All American Pipeline affiliate, Plains GP Holdings LP, said that they plain to raise US$1 billion through an initial public offering.
Pearl Capital Partners announced the launch of their new fund worth around KES2.2 billion with the primary purpose of investing into small East African agricultural based businesses.
Isagen Energia Productiva, the Andean nation's third-largest electricity generator, is set to raise funding from an initial public offering.
Khosla Ventures brings up energy software specialist Bidgely's total funding to US$8 million with latest investment.
INEOS Olefins & Polymers USA partners with KBR to build one of the largest high-density polyethylene (HDPE) plants in America.
Investment company Cousins Properties plan to sell 60 million shares of its common stock to finance its pending acquisitions.
Cancer metabolism specialist Agios Pharmaceuticals closes its initial public offering on Monday. Agios Pharmaceuticals Inc. announced the conclusion of its initial public offering (IPO) of 6,772,221 shares of the company's common stock at a final offering price of US$18 per share.
The buyout deal between Jet and Etihad Airways got the approval of the Indian government but certain conditions must be observed.
Industrial Safety Technologies is set to add Oldham fixed-point gas detection into its broad industrial safety portfolio.
