Investors
India's Cubito receives INR1 crore from angel investors
Cubito announced that it had raised up to INR1 crore from India based angel investors to fund its expansion plans.
Business Growth Fund completes investment of GBP40 million
Business Growth Fund announced that it has invested up to GBP40 million of its capital in companies around Manchester and Northern England.
Shandra Games to acquire affiliates
Shandra Games announced that they plan to acquire affliates Shanghai Shengzhan Networking Technology Co., Ltd and Tianjin Shengjing Trade Co., Ltd.
Thiess gains 100% control over Silcar
Thiess revealed that it bought the 50% stake of its joint venture partner Siemens in Silcar. Thiess, a Leighton Holdings subsidiary, announced that it had acquired full ownership of Silcar.
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Perrigo Co is now in a waiting game as it waits for the decision regarding the acquisition of Elan Corp.
Copperbelt Energy Corp. announced that it planned to raise US$150 million from Dutch and German development-finance institutions and other creditors.
Rio Tinto revealed that it sold 80% of the Northparkes copper-gold mine to China Molybdenum for US$820 million.
OCI NV, the parent company of Osracom Construction Industries, announced plans to buyback shares in OCI S.A.E.
Perusa revealed that it sold its 85% stake in Kamman Maschinenbau to KBA. Perusa, a German private equity group, had exited its position in Kammann Maschinenbau.
Centric Wealth confirmed that its majority stakeholder, Champ Private Equity, intended to sell the company for around US$200 million.
Penske Automotive Group said that they are set to acquire Western Star Trucks Australia for US$200 million.
Altana AG' Cinven Ltd acquired CeremTech from Rockwood for US$635 million. Rockwood Holding Inc announced that they are set to sell CeremTech to Altana AG's Cinven Ltd.
K Ganesh and MeenaGanesh have announced they they have bought Portea Medical. K Ganesh and MeenaGanesh, both Serial tech entrepreneurs, announced that they have acquired Portea Medical, a New Delhi-based healthcare firm.
Wildcraft Inc. announced that it is looking to raise up to INR75 crore to finance its expansion programs.