ChelseaFC owner Abramovich bought a 23.5% stake in Truphone for EUR81 million. Roman Abramovich had attached himself with Independent News & Media as an investor of the cutting-edge telecommunications firm, Truphone.
Investors
Sources: GEA to target sale of private equity unit worth Eur1.3 billion
GEA would target private equity groups with its heat exchanger unit sale worth more than Eur1.3 billion.
Puzey & Payne acquired by management
Puzey & Payne was acquired by its management through a buyout. Puzey & Payne was acquired by its management through a management buyout. This was after the car dealership unit was disposed by its parent group Zimplow Holdings.
Ipsen acquires Syntaxin
Ipsen announced the acquisition of UK-based private life sciences company, Syntaxin. Ipsen announced the acquisition of Syntaxin, a UK-based private life sciences company which specializes in botulinum toxin engineering.
PE firms' investment in wineries more of passion than business?
Several private equity firms are making investments in wineries. Several private equity firms are making investment in wineries. These investments seemed to contradict these investors' expectation of a swift return.
Latest News
Greece's bank rescue fund approved of Eurobank to acquire the New Hellenic Postbank. Greece's bank rescue fund approved of Eurobank's acquisition of the New Hellenic Postbank.
Crown Castle announced the contractual terms related to AT&T's acquisition of Leap Wireless. Crown Castle International Corp. announced contractual terms regarding leasing agreements, in light of recent AT&T acquisition of Leap Wireless International, Inc.
The San Francisco International Airport announced plans to sell US$483 million worth of bonds. The San Francisco International Airport announced plans to sell US$483 million worth of bonds.
Canadian REITs, led by Choice Properties, helped IPOs rise above SPTSX this year. Canadian real estate investment trusts (REITs) helped initial public offerings in the country to rise above the benchmark index.
Thailand's MK Restaurants Group planned to raise the second-biggest IPO in the country. MK Restaurants Group planned to raise an initial public offering that would be Thailand's second-biggest IPO offering this year.
EMC Corporation said it would acquire data storage developer ScaleIO for US$200 million. ScaleIO founders are expected to earn around US$60 million from a deal that will see the company being acquired by EMC Corporation.
VuQo Inc. announced that the expansion of their global licensing agreement with Playboy Enterprises.
Amcor announced the US$62 million acquisition of China's Jiangsu Shendra Group. Amcor announced the purchase of Jiangsu Shendra Group, a Chinese flexible packaging business, for US$62 million.
According to a report, Florida received up to US$17 billion in private equity funding in 2012 while Orlando got a mere US$310 million
