Elders Limited announced that it is selling Futuris Automotive to Clearlake Capital Group for US$69 million.
Investors
China Rongsheng Heavy Industries Group Holdings to issue bonds to raise capital
China Rongsheng said that they will issue convertible bonds to Action Phoenix Ltd to raise needed capital.
MPH Ventures Corp. lands property near the Albany graphite deposit discovery
MPH Ventures Corp. announced that they have acquired the North Albany Graphite Property which is adjacent to the resource-rich Albany graphite deposit discovery.
Deepwater Wind LLC wins wind-energy development project
Deepwater Wind LLC said that they won in the first auction to build wind-energy project in Massachusetts federal waters.
A Warburg Pincus venture approaches bankruptcy
Sources said that the Warburg Pincus-owned Rural/Metro is considering a possible bankruptcy filing. Sources close to Rural/Metro, the country's biggest private ambulance service operating in rural communities, said that the company is considering a possible bankruptcy filing.
Latest News
Amcor Ltd announced plans to spin off its Australasia glass and beverage can packaging unit. Amcor Ltd announced plans to spin off the company's glass and beverage can packaging unit.
American Capital, Ltd. announced that it had launched a refinancing plan of its US$600 million senior secured credit facility.
DBS Group Holdings Ltd ended its offer to takeover the controlling stake for PT Danamon Indonesia valued at USD6.5 billion after failing to meet regulatory approval.
Aurora Capital Group announced that it had completed the sale ADCO Global, Inc. to another private equity firm Arsenal Capital Partners.
Michael Dell and Silver Lake's request to alter voting rules for their USD24.4 billion takeover deal was rejected by the company's special committee.
Sources said that Credit Suisse Group AG had been in talks with Grosvenor Capital Management LP to sell its Customized Fund Investment Group.
Today, Envision Healthcare Holdings announced launching its initial public offering that is priced between USD20 andUSD23.
B. Wayne Hughes, owner of REIT American Homes 4 Rent, said that they have raised an estimated US$705.9 million through the public offering of the company's shares.
After six hours of trial, District Court Judge, Katherine Forrest sent the jury home and will resumed deliberation on Tourre's case on Thursday.
