Wildcraft Inc. announced that it is looking to raise up to INR75 crore to finance its expansion programs.
Investors
OCI NV to buyback shares in OCI SAE
OCI NV, the parent company of Osracom Construction Industries, announced plans to buyback shares in OCI S.A.E.
Germany's Perusa exits Kamman Maschinenbau
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.
Champ Private Equity to exit Centric Wealth for US$200 million
Centric Wealth confirmed that its majority stakeholder, Champ Private Equity, intended to sell the company for around US$200 million.
Penske Automotive Group acquires Western Star Trucks Australia
Penske Automotive Group said that they are set to acquire Western Star Trucks Australia for US$200 million.
Latest News
Sembcorp Salalah Power and Water Company stated that it was now preparing for its IPO in September. Oman's Sembcorp Salalah Power and Water Company announced that it is preparing to float an initial public shares offering in September of this year.
Publicis and Omnicom hired New York based Moelis & Co and the Paris-based adviser Rothschild for their merger.
The Thales Group announced that they are set to ink the deal with Malaysia's Keretapi Tanah Melayu Bhd (KTMB) tagged at RM380 million.
A Blackstone executive said it had found fewer opportunities to invest in India after seeing public governance issues.
Old Mutual Investment Group announced that it had launched a new private equity fund which is to be invested in private equity funds in South Africa.
DLF announced that it is entertaining private equity firms after ending the talks to sell Aman Resorts with Zecha.
A survey by Jones Lang LaSalle reported that private equity investments into Europe by large funds have reached their highest levels since 2007.
Samsung appointed a new African CEO and boosted capital spending. There were several notable events in Samsung recently. One of which was appointing a new CEO for Africa.
The US FTC updated its 2012 advertising guidelines and sent a letter warning Google, Yahoo, Microsoft, and other internet search companies to follow or be fined.
