Pegasus Airline IPO Nets 1.93 billion lira

Pegasus Airline, Turkey's low cost air carrier, raises nearly 1.93 billion lira or US$1.07 billion in its IPO.


KBC Banka purchased by Societe Generale Srbijia and Telenor Serbia

Telenor Serbia and Societe Generale Srbijia would divvy up assets of KBC Banka. KBC, the banking and insurance group from Belgium, announced that it had agreed to sell its Serbian subsidiary KBC Banka.

Strategic Partnership between Yakult and Danone Dissolved

Yakult and Danone dissolves its strategic partnership. Yakult Honsha Co Ltd, the Japanese health drink manufacturer will dissolve its tie up with Danone SA of France.

Charter Hall to Invest Aus$1.3 billion

Charter Hall plans to invest money for acquisitions and list publicly REITs. The owner of Sydney's more than century old General Post Office building, Charter Hall Group, is planning to purchase Aus$1.


Latest News

Only two private equity firms are in the running for Onex Corp's Carestream Health Inc as others pulled out citing uncertain outlook for the company's future.
Banco do Brasil SA's BB Seguridade Participacoes SA IPO is estimated to be worth of US$4.2 billion.
ThyssenKrupp, because of declining demand and low priced competition, is selling off assets in the Americas to
Dynamic Yield raises US$2 million in Series A funding. Dynamic Yield announced today that it was able to raise $2 million in its Series A funding round.
The Greece National Bank would be selling 12% of its share offering to private placement. The largest lender in Greece, the National Bank, is aiming to sell at least 12% of its Eur9.
Glass Lewis joins ISS in supporting the split of Timken into its bearings and steel businesses. Glass Lewis, the activist proxy advisory firm, had told its Timken Co shareholders that the non binding proposal to break up the company's ball bearings and steel business is a good move.
GSK to sell off Lucozade and Ribena. GlaxoSmithKline (GSK) is going to sell its soft drink brands Ribena and Lucozade. The decision may result in GBP1.
The fashion website Zalando continues in its growth path leaving the competition behind. German online retailer Zalando has announced that their firm would keep its focus in getting core markets to break a profit despite speculation that the fashion website would be listing itself by early 2014.
Noble Investment Group exceeds investment funding target. The Noble Investment Group was very pleased to disclose the success of its latest investment fund round.
Vaportherm receives US$29 million for its financial round. In a press release, it was disclosed that Vaportherm closed a US$29 million financial round last 12th of April 2013.