International Hotelier Hilton Worldwide is looking at the possibility of expanding its presence in Indonesia.
Deals
Men's Wearhouse acquires Joseph Abboud for US$98 million
Men's Wearhouse announced that it had acquired Joseph Abboud in a deal worth US$98 million. Men's Wearhouse anounced that it had acquired Joseph Abboud, New Bedford-based suit maker, for US$98 million.
Pharos Capital exits Pioneer Surgical
Pharos Capital announced that it is finalizing its exit from Pioneer Surgical as the company is acquired by RTI Biologics.
Blackstone's Brixmor files for IPO
Brixmor filed for its market debut on Thursday. Blackstone Group's Brixmor Property Group Inc. finally filed for an initial public offering with federal regulators.
The Dominican Republic's Orange is considering selling stakes to offload debt
Orange has announced that it is considering the sale of shares to improve its capital structure. Orange, originally known as France Telecom, announced that it is now considering selling its operations in the Dominican Republic.
Latest News
Prospera Financial Services acquired TCA Financial Group LLC. Prospera Financial Services announced the acquisition of TCA Financial Group, LLC. TCA was founded in 2004 and has been attached to several professionals and financial advisers.
Zynga IPO caused investment supply and demand mismatch as many investors turned their backs on the games market.
LG Electronics awards Blue Earth Inc. subsidiary, Xnergy Inc, for solar PV project. Blue Earth, Inc. announced that its subsidiary, Xnergy Inc. was the company selected by LG Electronics to install and engineer a solar PV system for its Mobile Communication facility located in San Diego, CA.
HSBC Leveraged Finance shelled out GBP 19.5 million to invest in Trustmarque Solutions. HSBC Leveraged Finance announced it has completed its refinancing deal of Trustmarque Solutions amounting to GBP 19.
Sona Petroleum's IPO shares were oversubscribed by 5.97 times. Shares in Sona Petroleum Bhd's initial public offering were oversubscribed by 5.
AMCON hired Citigroup and Vevita Capital to handle the sale of three banks owned by Nigeria. The Asset Management Company of Nigeria (AMCON) hired Vetiva Capital, an Africa-focused investment bank and Citigroup to manage the sale of three banks owned by Nigeria.
Investor AB, one of the majority shareholders of Lindorff, said it was open to divesting ideas for Lindorff.
Sino Australia sought to extend its IPO. Oil company Sino Australia Oil and Gas, the holding company in Australia of Zhaodong Huaying Drilling (Huaying), sought to extend its initial public offering (IPO).
The National Bank of Greece announced plans to sell stakes in Finansbank. The National Bank of Greece (NBG), the country's biggest lender, announced plans to sell of parts of its controlling stake in Finansbank.
