Meiji Yasuda Life Insurance announced that it has agreed with Thai Life to buy a 15% stake in the insurer, beating private equity firms KKR & Co, CVC Capital Partners, and Carlyle Group LP to the deal.
Deals
Qinhuangdao Port Co to raise US$800 million through IPO
Qinhuangdao Port Co. said that they are planning to raise US$800 million through an initial public offering.
Development Bank of Kazakhstan to raise US$1 billion through loan sale
Development Bank of Kazakhstan announced plans to raise US$1 billion by selling off bad loans. The Development Bank of Kazakhstan JSC announced that they plan to sell KZT151 billion or US$1 billion worth of bad loans to the Investment Fund of Kazakhstan.
Carmike Cinemas announce pricing of IPO
Carmike Cinemas, Inc. released the details of the pricing for their previously announced initial public offering.
ITV acquires Big Talk Productions for an estimated GBP 12.5 million
British television network ITV has bought Big Talk Productions for an estimated GBP 12.5 million. In a deal estimated to be worth GBP 12. 5 million, British TV network ITV PLC has bought Big Talk Productions and its associated companies.
Latest News
Belgian weaving machine maker, Picanol, purchased a 27.6% stake in Belgian chemicals group, Tessenderlo Chemie.
Adenium Capital and its venture partner ForVEI announced that it had acquired a 24 megawatt solar facility in Italy.
A portfolio company of GMH Ventures, Dynamic Healthcare Services, announced that it had won bids to supply oxygen services to patients at Huntington-Ashland and Northern New Jersey Metro.
Great Atlantic & Pacific Tea Co. announced in an internal memo that it could be selling the company to another supermarket operator or a private equity firm.
An IVC Research Center report reveals a dip in Israeli investments and KKR's influence in private equity in the country.
Aflac Incorporated announced that Aflac Japan and Japan Post Holdings entered into a new partnership agreement.
Activision Blizzard along with a group led by its CEO, announced that they are set to buy back Vivendi's controlling stake in the company for US$8.17 billion
Indonesia biggest taxi operator, Blue Bird Group, plans to raise US$600 million through an initial public offering.
Coldwell Banker Residential Real Estate acquires Brevard County, Florida's Hartung Real Estate.
