Deals
LongRivers Partners to make new bid for Severn Trent
LongRivers Partners to make a new bid for water utilities firm Severn Trent Plc. (Photo : Reuters)The image is the profile of a water faucet. Severn Trent Plc, the United Kingdom's second biggest publicly traded water utility, would receive an improved bid from an infrastructure investor from Canada and the sovereign wealth fund of Kuwait.
Blackstone and Patria Investimientos Purchases Stake in Alphaville
Blackstone and Patria Investimientos purchases shares in Gafisa's Alphaville Urbanismo. (Photo : Reuters)The image is the Blackstone Group logo. Patria Investimentos Ltda and its partner, the Blackstone Group have entered into an agreement to purchase 70% shareholdings in Alphaville Urbanismo residential-development business owned by Gafisa SA.
Vodafone to sell only when more value given for its 45% share
Vodafone, to entice it to sell off its share in the joint venture with Verizon Communications, would require something between US$135 billion and US$140 billion.
Partnership Floats US$2.4 Billion Value at London Stock Market
On Friday, Partnership Assurance Group was valued more than US$2.4 billion in its debut at the London Market.