Credits Suisse sells off its buy and sell private equity fund to Blackstone for an undisclosed amount.
Deals
Vitol Purchases Assets from Rialto
Vitol purchases Rialto assets in Ghana and Ivory Coast for upstream financing. Vitol, the oil trader has purchased shareholdings in Rialto Energy's West African oil and gas exploration assets in order to improve and expand its channels for energy supplies.
Warburg Pincus Invests in INEA of Poland
Warburg Pincus invests an undisclosed amount in INEA of Poland for less than majority shareholdings.
PT Dyviacom Intrabumi Is Raising Funds for Expansion
PT Dyviacom Intrabumi is raising funds for expansion plans. PT Dyviacom Intrabumi, the Indonesian Internet service provider is aiming to raise 7 trillion rupiah or US$720.
IAG Acquires Vueling for Eur123.5 million
IAG purchases Vueling at Eur9.25 per share totalling Eur123.5 million. The Spanish stock market authority announced last Tuesday that IAG airline had enough bid acceptances to gain control of the airline Vueling.
Latest News
Sprint-Nextel's board of directors has formed a special committee to evaluate the bid made by Dish Network.
Banca Carige, in a bid to meet its reorganization targets, is selling off two assets to its divestment plan.
A consortium led by CEO Jing Lou and CPEChina Fund Ltd has made a higher bid for 3SBio. 3SBio, a biotechnology company from China that focuses on research, development, manufacture and marketing of biopharmaceutical products, has announced the receipt of a proposal letter from CPEChina Fund LP.
The Australian Competition and Consumer Commission had approved the merger of Virgin Australia and Tiger Australia.
France's Total Oil is in the process of exploring gas in Libya, a sign of the return to normalcy for the Middle East country's oil business.
Asia United Bank is planning to sell 88 million in primary common shares priced at Php 110 per share.
Greek asset sale fund seeks revised bid for Opap SA from Emma Delta. Opap SA values fell after the Greek state asset sales fund sought assistance from Emma Delta, after the latter is the only firm that submitted a valid binding bid for the gambling company.
Onexim is now in discussion as to shareholdings purchase in OAO Rostelecom. Onexim Group, which is owned by Russian billionaire Mikhail Prokhorov, has said it may consider the purchase of a 10.
Canada's Natural Resources Minister reiterated that only 'strategic' and under 'exceptional circumstances' would state backed enterprises be allowed to takeover in Canada.
