The Royal Bank of Scotland announced their intention to sell their Australian Schools Portfolio. The Royal Bank of Scotland PLC announced that they are seeking a buyer for a unit that manages and maintains 11 schools in the Victoria state of Australia.
Investors
Experian: Telecom M&A do well in the UK
According to Experian, telecom M&A are doing well in the UK. According to Experian, there was an increase in mergers and acquisitions for the telecoms section in the United Kingdom.
Cell C gets US $350 million equity, US $222 million loans
The South African mobile operator gets more than US $570 million in equity and loans. South Africa's Cell C announced that it will be given a cash injection amounting to US $350 million from Oger Telecom, its major shareholder.
Apple in talks to purchase Israel's PrimeSense for US$280 million - report
According to a report from Calcalist, Apple was in talks to purchase Israel's 3D vision chip developer, PrimseSense, for US$280 million.
Sale of ThyssenKrupp's steel mill in Brazil not looming - source
According to a source, the sale of ThyssenKrupp's Brazilian steel mill was not imminent. The intended sale of the steel mill of ThyssenKrupp in Brazil was unlikely to transpire right away, a source familiar with the transaction said.
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Assicurazioni Generali SpA agreed to sell private equity fund stake to Lexington Partners. Assicurazioni Generali SpA announced that they have agreed to sell private equity fund stakes to Lexington Partners, Inc.
Zambia would invest US$410 million to build an oil refinery that could lower the fuel costs. Christopher Yaluma, Zambia's Mines and Energy Minister, stated that the country planned to build an oil refinery worth US$410 million.
Multimedia Plus announced the successful conclusion of their private financing with individual investors. Seperately, the company also announced that Ernest Pomerantz has joined the company's board of directors.
Venture capital reached US$1.3 billion in New York. Venture capital fundraising in New York reached US$1 billion. This figure was for the first half of the year.
Jersey Finance welcomed another key step towards meeting AIFMD requirements. Jersey Finance welcomed another key step towards meeting the requirements of Alternative Investment Fund Managers Directive (AIFMD).
The London-based online music provider tries to break into several Asian counties in an effort to race with Pandora in global expansion efforts.
AT&T Inc's deal to sell Leap Wireless International Inc.'s block of airwaves clouded the real value of the acquisition.
Malaysia's Boustead planned to make its plantation REIT private and offer an IPO. Malaysian company Boustead Holdings Bhd stated that it would be making private its US$190-million plantation REIT.
Altamont partners with GSO Capital Partners to grant refinancing to Billabong to help stabilize the company and fund its expansion endeavors.
