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.
Investors
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.
Leiderman sits as new Bank of Israel Governor after Fischer
Israeli Finance Minister, Benjamin Netanyahu appointed Leo Leiderman to sit as the new central bank governor of Bank of Israeli, succeeding former IMF deputy chief, Stanley Fischer.
Liberty Property Trust acquires operating partnership of Cabot Industrial Value Fund
Liberty Property Trust announced that they have an entered an agreement to purchase the operating partnership of Cabot Industrial Value Fund III LP.
Elders Limited sells Futuris Automotive to Clearlake Capital Group
Elders Limited announced that it is selling Futuris Automotive to Clearlake Capital Group for US$69 million.
Latest News
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.
Investor George Soros took a large long position in Herbalife stock. George Soros, a billionaire investor, purchased a majority stake in nutritional supplement company Herbalife Ltd stated a source with knowledge on the matter on Wednesday.
Asian law firm King & Wood Mallesons agreed to merge with London-based SJ Berwin. King & Wood Mallesons, one of the largest law firms in Asia, agreed to merge with SJ Berwin effective November 1.
Energizer Holdings planned to acquire Johnson & Johnson's feminine care line for US$185 million.
