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.
A Brunei prince will acquire a 17 percent stake in KLW Holdings Ltd, a provider of recycled wood for doors and flooring.
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.
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.
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.
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.
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.
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.
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.
Peak and octanex have agreed to work towards a merger of the two companies
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.
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.
The following bids, mergers, acquisitions and disposals were reported on Wednesday including BNP Paribas, Facebook, Crocs, VTB Capital and Flybe Group.
The government of Osaka prefecture's exit from the OTK Group was its strategy to privatize the latter.
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.
Subscribe to VCpost newsletter
- Lance Armstrong's Next Ventures Raises $24.5 Million Of Expected $75 Million Fundraise
- Implied SPDR S&P MIDCAP 400 ETF Analyst Target Price: $389
- What This Centi-Billionaire Fashion Magnate Can Teach You About Investing
- ADP vs. Paychex: Comparing Key Metrics For The Two Largest Payroll Processing Companies
- After Energy Sector Earnings Plunge In Q1, Hopes Rise For Improved Q2 Performance
- Are Strong Jobs Really Bad For Stocks?
- 4 Price Charts You Should See: Bank Stocks Are Showing Relative Weakness
- Citigroup's $21.5-Billion Capital Return Plan For 2019 Is Slightly Lower Than Its 2018 Plan