Government plans sale of 20% Air New Zealand stake

The New Zealand government said it planned to sell 20% of its stake in Air New Zealand to cut down public debt and spend on infrastructure projects.

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Newcastle Airport may sell half its stake

Newcastle Airport Authority Ltd was reportedly planning to sell half its stake to infrastructure investors such as IFM Investors Ltd and other superannuation funds next year.

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Prime retail space demand seen after closing of Blockbuster

Small business franchises had been scurrying up to acquire Blockbuster's last 300 stores for its prime retail location, high visibility and access to great parking.

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UK's CDC Group intends to ramp up investments in India despite difficulties

The CDC Group, the development finance institution of the UK government, will be pouring more investments in India despite the sluggish economy, delayed reforms and a competitive private equity market.

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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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Chinese company to build infrastructures in Sri Lanka worth USD500 million

Top Chinese company China Harbor Engineering Company will be building two hotels and a golf course in Sri Lanka worth USD500 million. Previously, the company constructed an international airport which was opened this year.

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Top deals of the day - Mergers & Acquisitions

The following bids, mergers, acquisitions and disposals were reported on Thursday including Sigma Alimentos, Fastjet, Rostelecom, DNB, Caixabank, Cyfrowy Polsat, America Movil, Alitalia, Telecom Italia.

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Google, KKR invests USD400 million in solar plant project

Search engine giant Google and private equity company KKR & Co. will be financing a solar power plant project for USD400 million. Six solar power plants were being built by Recurrent Energy LLC in California and Arizona.

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Hedge funds find their way to invest in municipal debt market

Hedge funds are now entering the municipal debt market, finding a veritable gold mine in value but may provide more problems in the long run as to the temporary nature of the investments.

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Top deals of the day - mergers & acquisitions

The following bids, mergers, acquisitions and disposals were reported on Monday.

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Czech telecoms vie for frequencies as regulator opens bidding today

The Czech regulator intended to open the bidding of a frequency tender starting today.

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Queensland 's GCBF application deadline looms for solar power providers

Queenslands' Gambling Community Benefit Fund (GCBF) set the deadline for grant appication for solar power providers on November 30.

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BCGP seeks more funding for regional trail network

The Bicycle Coalition of Greater Philadelphia requested for USD3 million funding from the Delaware Valley Regional Planning Commission for its regional trail network project.

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Lulu CEO to invest in Middle East, Asia and other emerging markets, includes store expansion

Lulu Hypermarkets chief executive officer Yusuffali M.A. said his company would be entering in expanding in emerging markets and create new ones in the Middle East and Asia.

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Kingdom Tower to be managed by joint venture

EC Harris and Mace would form a joint venture to manage the construction of Kingdom Tower.

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