France's market authority has approved Club Med's sale to consortium of French and Chinese investors.
Investors
Vitruvian Partners acquires Energy division of EnServe Group
EnServe Group confirmed it has sold Inenco Group, its Energy division, to Vitruvian Partners in a bid to reduce its bank debt and to invest in its remaining divisions.
Kazarian emerges after 2 decades with offer for 10% of Greek debt
Millionaire investor Paul Kazarian emerged after 20 years with his bid to purchase up to Eur2.9 billion of Greek state debt.
SEBI to work closely with PEs in addressing concerns
The SEBI will work closely with the PE and venture capital industry in addressing concerns. The Securities and Exchange Board of India (SEBI) planned to work closely with the private equity and venture capital firms in addressing concerns of the industry.
Wells Fargo buys commercial real estate from Hypothekenbank Frankfurt
Wells Fargo & Company stated that it has bought US$6.05 billion worth of commercial real estate in London from Hypothekenbank Frankfurt.
Latest News
AXA Private Equity raised its bid to EUR3.7 billion for French caterer Elior. A group of investors led by France's AXA Private Equity has increased its offer for Elior and is proposing to obtain a minority stake in the food service provider, according French daily Les Échos.
InternetQ acquired Atlas Interactive Deutschland. InternetQ announced that it has completed its acquisition of Atlas Interactive Deutschland GmbH for GBP5 million.
Bargain Booze revealed plans for an IPO for its planned southern-England expansion. The owner of Bargain Booze revealed plans to raise up to GBP65 million in an initial public offering.
Grupo Financiero Banorte sold shares worth US$2.5 billion. One of Mexico's biggest banks, Grupo Financiero Banorte SAB, sold around US$2. 5 billion worth of shares in the country's largest equity sale of the year yesterday.
According to Zacks, the health insurance industry is “thriving under stress”. The health insurance industry was "thriving under stress," according to Zacks.
Recent Ukrainian court practice was deemed to affect commercial transactions. Recent practices of courts in Ukraine were deemed to negatively affect commercial banking transactions.
Ayasdi reported that it has raised US$30.6 million in venture capital funding from Citigroup and GE Capital
Sauce Labs reported that it had successfully raise US$5 million in funding and has started product enhancements.
Arthur Ventures announced the closure of their new US$45 million venture fund. Arthur Ventures reported the completion of Arthur Ventures Growth Fund II, L.
