GEA would target private equity groups with its heat exchanger unit sale worth more than Eur1.3 billion.
Deals
Londonmetric acquires two warehouses for GBP61.8 million
Londonmetric acquired two warehouses for GBP61.8 million. LondonMetric Property Plc bought two new warehouses in Bedford and Birmingham worth a total of GBP61.
Indian Embassy Group ends joint venture with Malaysian MK Land Holdings
Embassy Group sells stake in overseas joint venture back to MK Land Holdings. Real Estate developer Embassy Group, just one of India's top three commerical space constructors, had exited an international joint venture with Malaysia's MK Land Holdings Berhad.
Sources: Britain to reject private equity, foreign funds in Lloyds sale
Britain would only consider pension funds and insurers for the sale of its Lloyds Banking Group stocks and would rebuff private equity and foreign funds.
Mitsui & Co wants Thailand to become their Asean base
Mitsui CEO stated they plan to invest more in Thailand making it their base for Asean operations Mitsui & Co Ltd is returning to Thailand to invest in the country with a vow to work with its Thai partners Siam Cement Group and PTT Plc to make investments overseas in joint ventures when opportunities arise.
Latest News
Puzey & Payne was acquired by its management through a buyout. Puzey & Payne was acquired by its management through a management buyout. This was after the car dealership unit was disposed by its parent group Zimplow Holdings.
Ipsen announced the acquisition of UK-based private life sciences company, Syntaxin. Ipsen announced the acquisition of Syntaxin, a UK-based private life sciences company which specializes in botulinum toxin engineering.
Several private equity firms are making investments in wineries. Several private equity firms are making investment in wineries. These investments seemed to contradict these investors' expectation of a swift return.
Desire2Learn Inc. decided to setup in Boston for its US operations. Desire2Learn Inc. decided to base its US operations in Boston. Desire2Learn Inc. is a Canadian company that assists schools and their teachers handle instructional material by using cloud data storage systems.
Business Growth Fund has achieved minority stake in York Mailing by investing GBP10 million into the company.
ChelseaFC owner Abramovich bought a 23.5% stake in Truphone for EUR81 million. Roman Abramovich had attached himself with Independent News & Media as an investor of the cutting-edge telecommunications firm, Truphone.
Greece's bank rescue fund approved of Eurobank to acquire the New Hellenic Postbank. Greece's bank rescue fund approved of Eurobank's acquisition of the New Hellenic Postbank.
Crown Castle announced the contractual terms related to AT&T's acquisition of Leap Wireless. Crown Castle International Corp. announced contractual terms regarding leasing agreements, in light of recent AT&T acquisition of Leap Wireless International, Inc.
The San Francisco International Airport announced plans to sell US$483 million worth of bonds. The San Francisco International Airport announced plans to sell US$483 million worth of bonds.
