Liberty Global's acquisition of Virgin Media is approved by EU. An unconditional European Union clearance was provided to John Malone's Liberty Global for the bid for Virgin Media.
Deals
Silverfleet purchases Ipes
Silverfleet Capital purchases Ipes. European private equity firm Silverfleet Capital has entered into an agreement with Ipes, one of Europe's providers for fund administration and outsourcing services.
MMC Ventures to Run London Fund
MMC London Fund established for GBP11 million for specific areas of development. MMC Ventures recently lands a tender to launch the MMC London Fund. The fund is worth GBP11 million or US$16.
Increased selling seen as Doha Global’s IPO nears
New investment company Doha Global Investment Company's planned public offering in May is expected to spur selling on Qatar's bourse as investors increase their liquidity for the IPO.
Credit Facility for Goodlife Fitness Centers Completed Today
Goodlife Fitness centers completed US$40 million expansion of a US$125 million subordinated credit facility.
Latest News
The IPO shares of Blackhawk would be at US$220 million at US$22 per share. Safeway Inc. 's gift card and payment service unit, Blackhawk Network Holdings Inc has formally offered ten million Class A shares priced between US$20 and US$22 per share.
A consortium led by Bahrain Telecommunications Company (Batelco) is set to acquire Indian mobile phone company Reliance Communication's (RCom) 80 percent stake in its subsidiary for $1.1 billion.
Enaltus acquires ScarAway to expand its skincare products. Enaltus has recently acquired the properties of Mitchell-Vance Laboratories. Mitchell Vance is a portfolio firm of the HealthEdge Investment Fund LP based out of Tampa Florida.
The Macquarie Capital purchase of Advantage is under review by antitrust regulators. US regulators are reviewing the consent decree that allowed Macquarie Group Ltd to purchase Advantage rental brand from Hertz Global Holdings.
Topspin Partners sells off its interest in Utrecht Art to Blick Art. Multi-channel retailer, Blick Art Materials, has purchased shareholdings in Utrecht Art Supplies.
For Eur 176 million Oriola-KD purchases Medstop Group Holdings AB. Oriola-KD Hilding Sverige AB has agreed to acquire Medstop Group Holding AB from Segulah Management IV Ltd.
Patrizia led a consortium that won the bid for the luxury property holdings unit of GBW. Patrizia, the German real estate company, announced a consortium it had headed won the bidding for the purchase of rival GBW.
Nakumatt Holdings MD Atul Shah said the retailer is now open for investors and expansion in East Africa.
Starwood to purchase four Macerich malls. Starwood Retail Properties is in discussion with Macerich for the purchase of four low sales generating malls.
