Despite assurances by the Egyptian PM, there is still no approval as to the EFG-QInvest merger. The Middle East's largest investment bank, EFG-Hermes has been awaiting notice from Egypt's financial regulator for the approval of its merger with QInvest of Qatar.
Deals
Verdesian Life Sciences Acquires Plant Syence
Verdesian Life Sciences acquires Plant Syence for an undisclosed amount. Verdesian Life Sciences, a subsidiary of Paine & Partners has announced the acquisition of all the assets of Plant Syence Ltd and its affiliates.
PLH Acquires Pipeworx with the Help of Energy Capital Partners
PLH acquires Pipeworx with the assistance of Energy Capital Partners. In a statement, PLH Group Inc disclosed that it acquired Pipeworx Ltd. with support from private equity firm Energy Capital Partners.
Instart Logic Raises Additional US$17M Funding
Instart Logic raises new funding for its expansion plans. In an announcement by Instart Logic, it was disclosed that the company was able to secure US$17 million financial infusion coming from its Series B fundraising round.
Carlyle and Palamon Partner to Acquire DBG Ltd
Carlyle and Palamon acquires DBG Ltd from Synova Capital. Global asset manager The Carlyle Group in conjunction with Palamon Capital Partners have announced the acquisition of DBG Limited from Synova Capital.
Latest News
Zeder Investments is purchasing Capespan Group shares from Total Produce. A private investor in agricultural companies has announced that it would be purchasing in Capespan Group Ltd, South Africa's biggest fruit export company.
The ISAM Fund SICAV-SIF was established by arc AM and RVC InfraFund for the purpose of investing in companies that have potential for international growth.
Meilleurtaux.com sale has been completed to Equistone Partners. BPCE announced today the completion of sale of its hundred percent shareholdings in Meilleurtaux.
Eli Lilly, in its bid to remain at the forefront of Alzheimer's diagnostics, purchases Siemen's imaging agents.
Liberty Global seeking to purchase Kabel Deutschland to prevent Vodafone's bid for the cable operator.
ASML Holdings introduces new CEO and unveils buyback plan for shares. The largest semiconductor equipment supplier in Europe, ASML Holding NV has appointed its finance director Peter Wennink to the position of Chief Executive Officer.
Molinare TV obtains investment funds from Saphir Capital Private Equity Fund. The renowned post production house based out of London, Molinare TV & Film Limited was able to secure financial investments from Saphir Capital Partners.
Indigo Group through funding was able to complete the acquisition of six quick service restaurants. In an announcement, Indigo Group LLC conveyed to the public its completion of the acquisition of six quick service restaurants that are based in East Texas.
Fusebill gets much needed capital infusion from OMERS Ventures and Covington Capital. OMERS Ventures, the venture capital investment arm of OMERS, one of Canada's largest pension plans, invested $2 million to Fusebill.
