Potash Corporation announced plans to buy back 5% of its outstanding common shares worth US$2 billion.
Deals
BrightSource raises US$15 million from investors
BrightSources stated that it has raised up to US$15 million in convertible promissory note offerings and equity funds.
Addvocate collects up to US$2 million in its latest round of funding
Addvocate stated that it has gathered US$2 million in its Series A round of funding with the support of various investors.
Lone Star exits Tokyo Star Bank
Lone Star and other shareholders announced that they have exited Tokyo Star Bank. American private equity fund Lone Star and other shareholders announced that they have exited Tokyo Star Bank.
Graña y Montero raises US$413 in their IPO
Graña y Montero revealed that it had raised up to US$413 million in their IPO. Graña y Montero, the biggest construction and engineering firm in Peru, announced that it had raised around US$413 million in its market debut on the New York Stock Exchange.
Latest News
Sources said that Kelso has tapped banks in a bid to sell PSAV Presentation Services. Sources said that Kelso & Company has appointed Macquarie Group and Barclays to search for a buyer for PSAV Presentation Services.
Sobeys, and its parent company Empire, have announced that Sobeys is selling 68 properties to Crombie REIT for a little less than US$1 billion.
Blake Irving, Go Daddy Operating Co. CEO, said that he is currently considering selling the company shares through an initial public offering.
VeriStor Systems announced collaborative partnership with Zerto for cloud disaster solutions project.
Rouse Properties purchased Greenville Mall for $50.25 million. New York-based Rouse Properties Inc announced its purchase of Greenville Mall in North Carolina earlier today.
BlackRock announced that they have raised up to GBP250 million from institutional investors and pension funds for its UK Long Lease Property Fund.
The Evergreen Group announced that they have acquired the Backyard Sports franchise from the video game company, Atari.
Sources said that Blackstone and Apollo are among the private equity firms that are interested in buying Spanish banks' troubled real estate business units.
Shriram Properties confirmed that it is planning to raise INR450 crore from private equity funds for an expansion project around South Asia.
