Fortune's Philip Elmer-DeWitt said that Apple spent US$16 billion to buy 36 million of its own shares.
Investors
Qinhuangdao Port Co to raise US$800 million through IPO
Qinhuangdao Port Co. said that they are planning to raise US$800 million through an initial public offering.
Chinese official media reports sovereign wealth fund CIC in talks with Alibaba Group
China's sovereign wealth fund, CIC, is reported to be in talks with Alibaba Group. The People's Daily, China's official newspaper, reported that China Investment Corp.
Development Bank of Kazakhstan to raise US$1 billion through loan sale
Development Bank of Kazakhstan announced plans to raise US$1 billion by selling off bad loans. The Development Bank of Kazakhstan JSC announced that they plan to sell KZT151 billion or US$1 billion worth of bad loans to the Investment Fund of Kazakhstan.
Carmike Cinemas announce pricing of IPO
Carmike Cinemas, Inc. released the details of the pricing for their previously announced initial public offering.
Latest News
TMSF said that Turk Telekoms has made a US%530 million offer for DigiTurk. Turk Telekom said that they have made a US$350 million offer to buy a 53% stake in Digiturk, a Turkish digital pay-TV operator.
US crude oil futures suffered its first loss in five weeks as concerns about the slowing Chinese economy continue to haunt the industry.
Samsung increased it investment by US$1 billion with the hope that it would compensate for the slumping smartphone growth.
Meiji Yasuda Life Insurance announced that it has agreed with Thai Life to buy a 15% stake in the insurer, beating private equity firms KKR & Co, CVC Capital Partners, and Carlyle Group LP to the deal.
Belgian weaving machine maker, Picanol, purchased a 27.6% stake in Belgian chemicals group, Tessenderlo Chemie.
Adenium Capital and its venture partner ForVEI announced that it had acquired a 24 megawatt solar facility in Italy.
A portfolio company of GMH Ventures, Dynamic Healthcare Services, announced that it had won bids to supply oxygen services to patients at Huntington-Ashland and Northern New Jersey Metro.
Great Atlantic & Pacific Tea Co. announced in an internal memo that it could be selling the company to another supermarket operator or a private equity firm.
An IVC Research Center report reveals a dip in Israeli investments and KKR's influence in private equity in the country.
