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.
Deals
Investor AB agrees with Altor to list Lindorff
Investor AB, one of the majority shareholders of Lindorff, said it was open to divesting ideas for Lindorff.
Sino Australia seeks extension of IPO
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).
NBG to sell stakes in Finansbank
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.
Bain Capital to buy stake in PRUK
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.
Latest News
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.
Deutsche Börse will soon launch its new block trading service, Liquidnet. Deutsche Börse announced that it will soon launch Liquidnet, its new block trading service.
Kofax received US$1.2 million for accounts payable processing from a global logistics company. Kofax PLC announced receipt of US$1. 2 million from a global logistics company.
Chatham announced that the net proceeds they got from their IPO did not meet its expectations of US$4 million.
UCP Inc announced the pricing of its initial public offering for 7,750,000 worth of stocks. UCP Inc announced the pricing of the company's initial public offering.
