Detroit Tool Metal Products will gain investments from owner Wynnchurch Capital. (Photo : Wikkimeida Commons)Los Angeles-based Reliance Steel & Aluminum has acquired Sunbelt Steel, Texas.
Deals
Sources: TPG takes interest in capitalizing in Seibu
The private equity company, TPG, intends to invest in a Japanese conglomerate, Seibu Holdings. (Photo : TPG Capital)TPG Headquarters at 101 Collins Street TPG, a US private equity corporation, expressed its intentions to invest in Seibu Holdings, a Japanese conglomerate.
Alibaba Lands Syndicated Loan
Alibaba recently landed an US$8 billion syndicated loan as a prelude to an IPO. (Photo : REUTERS)An employee walks past a wall painted with logo of Alibaba (China) Technology Co.
JetBlue founder assembling $3.2B to regain power and buy TAP-report
David Neeleman is trying to put together $3.2 billion to regain JetBlue back and buy TAP-report (Photo : Reuters)Brazilian airline Azul owner, Davil Neeleman carrying a model plane.
Hochtief AG Increases Shareholdings in Leighton Holdings
Hochtief AG increases share investment in Leighton Holdings to 55%. (Photo : Reuters)The image is the corporate headquarters of Hochtief in Essen, Germany.
Latest News
Suntech extended its forbearance agreement with its bondholders. (Photo : Reuters)The image is the frontage of the corporate headquarters of Suntech. Chinese solar energy and systems manufacturer Suntech Power Holdings Company extended a forbearance agreement with what it says as "a majority" of its unpaid convertible bond holders.
The Carlyle Group gained $517 million, making its total funds raised for the year to $1.7 billion. The Carlyle Group announced on Friday that it has raised $517 million in Collateralized Loan Obligation or CLO funds.
Concentric AB announced the completion of its acquisition for Licos Trucktec GmbH. (Photo : REUTERS)The image shows employees working on water pumps. Today, Concentric AB announced the completion of its purchase for Licos Trucktec GmbH.
Anglo American Plc hired Goldman Sachs and UBS AG to sell as much as 49.9% of its biggest development project.
Clearlake Capital Group acquired North American Rental and Tubular Services from Archer Limited. (Photo : Reuters)The image is a gas meter commonly found in natural gas field processing plants.
Arch Coal agreed to let go of Canyon Fuel as part of its growth strategy. (Photo : Reuters)The image is a coal mine in production. Arch Coal gave up its operations in Utah as it agreed to sell Canyon Fuel Company to Bowie Resources.
TPG is looking to either buy Cerberus Capital's shares in Seibu or purchase new ones. (Photo : Reuters)This is the logo of TPG group. TPG, a private equity firm from the United States, eyed Seibu Holdings as its next investment project.
Replicon raised $20 million in its latest round of investment. (Photo : Reuters)This is the logo of Replicon. Cloud based spreadsheet and time tracker software Replicon announced that it received $20 million in its Series A fundraiser.
Lixil acquired American Standard in a $542 million buyout. (Photo : Reuters)The image is a sample of an energy efficient kitchen. ASD Americas Holding Corp will be bought by Lixil Group Corp.
