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Industrials

AIG

Bidders in negotiations to add more partners to AIG's ILFC buyout - sources

Sources who were familiar with the proceedings said the bidding group who planned to buy the aircraft-leasing unit of American International Group Inc would be welcoming Chinese financier Xiao Jianhua and Taiwanese tycoon Richard Tsai as its additional partners.

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Screenshot of KLW Holdings Ltd Website

Brunei prince to buy 17 pct stake in KLW - Straits Times

A Brunei prince will acquire a 17 percent stake in KLW Holdings Ltd, a provider of recycled wood for doors and flooring.

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Bridge Collapse

Infrastructure provides opportunities for private equity, hedge funds- report

A CNBC report said the infrastructure industry, including power plants, ports and pipes, has given private equity companies and hedge fund firms opportunities for investment.

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Barrick Gold

Barrick and Goldcorp seek sale of Nevada mine

Canadian large-scale gold mining companies Barrick Gold and Goldcorp have separately hired banks to explore the sale of their jointly owned Marigold mine in Nevada.

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Meter Provida Ltd

Fusion Group divests Meter Provida Ltd to Total Capital Partners

Fusion Group has sold UK-based gas meters supplier Meter Provida Ltd to Total Capital Partners. The transaction was facilitated by Avondale but no financial terms were disclosed.

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Murray & Roberts Holdings, Ltd

Murray & Roberts obtains buyout approval from Clough shareholders

Construction group Murray & Roberts Holdings, Ltd announced that it had secured a material requirement to move forward with its buyout of Australian engineering company Clough Ltd.

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Veripos

Siem, Topcon beat Hexagon's bid for Veripos

Siem Industries and Topcon Corporation raised the bid for Norwegian satellite positioning system firm Veripos. Siem and Topcon offered NOK30 in cash for each Veripos share.

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Turquoise Hill Resources Ltd

Turquoise Hill prepares USD2.4 billion rights offer for Mongolia mine

Vancouver-based Turquoise Hill Resources Ltd said it would go ahead with a USD2.4 billion rights offer for Mongolian copper mine Oyu Tolgoi after the company failed to secure long-term funding for the expansion of the mine.

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New Source Energy Partners LP

New Source Energy buys MCE for USD44 million

Oklahoma City-based exploration and production firm New Source Energy Partners LP acquired oilfield services company MCE for USD44 million in combined cash and common units.

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PEAK OIL & GAS-PEAK AND OCTANEX HAVE AGREED TO WORK TOWARDS A MERGER

Peak and octanex have agreed to work towards a merger of the two companies

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Fastjet PLC

Lonrho sells whole stake in Fastjet for GBP1.49 million

African airline holding company Fastjet PLC said Lonrho Ltd, its largest shareholder, had put up for sale of its entire stake in the company. Lonrho would be raising GBP1.49 million from the exit.

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 Murilo Ferreira of Vale SA

Vale exits Norsk Hydro with sale of remaining stake

Vale SA had sold the last of its 21.6% ownership in Norsk Hydro ASA following the sale of its non-core assets in order to focus on its more profitable business, which is in iron ore.

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BNP Paribas

Top deals of the day - Mergers & Acquisitions

The following bids, mergers, acquisitions and disposals were reported on Wednesday including BNP Paribas, Facebook, Crocs, VTB Capital and Flybe Group.

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Lone Star Funds

Lone Star wins bid to acquire Osaka prefecture-owned assets - sources

The government of Osaka prefecture's exit from the OTK Group was its strategy to privatize the latter.

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Constantia Flexibles Group

IPO to bring in EUR821 million for Constantia Flexibles

Austrian Constantia Flexibles targeted to raise EUR821 million in its initial public offering. The packaging group would be selling 32.2 million shares in the IPO.

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