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.
Deals
LG Electronics awards Blue Earth subsidiary with Solar PV project
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 invests in Trustmarque
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 oversubscribed by 5.97 times
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 hires Vevita and Citigroup for bank sale
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.
Latest News
Media sources had stated that Bain Capital was going to purchase stakes in PRUK for GBP200 million. Bain Capital is to take control of Plasma Resources UK, the major blood plasma supplier to the National Health Service.
Simply Business gets management overhaul after AnaCap Financial Partners took over its reins. AnaCap Financial Partners announced the management takeover of Simply Business, one of the pioneer brokers in commercial insurance in the UK.
Alibaba's plans to go public makes IPO the biggest since FB. Alibaba planned of going public by offering an initial public offering. The IPO could be the biggest since Facebook.
EMI broke buyout records. The EMI Group Pension Fund secured a buyout with Pension Corporation last week. The buyout was worth GBP1. 5 billion, which is considered to be the largest deal to date.
Travellers International stated that it would go ahead and spend US$600 million on expansion depite IPO delay.
Falcon Oil & Gas Ltd acquired the 24% interest owned by Sweetpea Petroleum for Falcon's subsidiary, Falcon Oil & Gas Australia Limited (FOGA).
Honda teams up with Guangzhou Automobile Group to get a share of the market pie in China. Honda Motor Co. has partnered with Guangzhou Automobile Group to manufacture and distribute Acura cars in China beginning 2016.
OUE announced that they raise US$476 million from the company's initial public offering Overseas Union Enterprise (OUE) announced that they will raise approximately SGD600.
Toshiba is investing in technology amounting to JPY 20 to JPY 30 billion in its bid to boost its position in the venture.
