Genting and Alliance Global postponed Travellers' initial public offering. Alliance Global Group Inc. and Genting Hong Kong Ltd. said on Tuesday that they would postpone the IPO of Travellers International Hotel Group Inc.
Investors
Magnolia Broadband clinches US $3M funding from SCP Partners
Magnolia Broadband secures US $3million funding from investors led by SCP Partners to cover expansion of its technologies.
SPH Announced Plans To Raise US$409 Million Through REIT
Singapore Press Holdings announced their plans to raise S$523 million through REIT Singapore Press Holding Ltd expressed their plans to raise at least S$523 million or US$409 million through the spinning off of some of its property assets through a real estate investment trust.
Sagentia Group Acquires OTM Consulting
Sagentia Group acquired OTM Consulting. Sagenta Group PLC acquired 100% stake in OTM Consulting Limited along with its wholly owned subsidiary, OTM Group.
Dillistone Acquires FCP Internet Holdings Limited
Dillistone acquired FCP Internet Holdings Limited on July 8. Dillstone announced the completion of its acquisition of FCP Internet Holdings Limited last July 8, 2013.
Latest News
LVHM announced that they were able to acquire 80% of Loro Piana LVMH Moet Hennessy Louis Vuitton SA agreed to pay US$2. 57 billion or Eur2 billion for 80% of Loro Piana SpA.
Access Kenya's take over offer document for Dimension Data Holdings has been approved by Kenyan regulator.
Sparebanken Møre announced that they have entered an agreement with EVRY Sparebanken Møre announced that they have entered an agreement with EVRY for the delivery of IT services for its banking activities.
Landmark Apartment Trust of America bought eight new multifamily properties worth US$169.3 million .
Gerri Greenham announced that he acquired shares in Solarvest Gerri Greenham announced that they have acquired shares in Solarvest BioEnergy Inc. The transaction was made to a pursuant of a private placement at US$.
RetailMeNot has set the terms for its IPO RetailMeNot, has set pricing terms of its initial public offering. The Austin-based a digital coupon company plans to offer 9.
Beurden was named as Shell's new CEO. Ben van Beurden, Downstream Director of Royal Dutch Shell, would be taking over Peter Voser position as Chief Executive Officer.
Fancy raised US$53 million for international expansion of its current social commerce platform. The social commerce platform Fancy raised US$53 million, according to Bloomberg.
CVC Capital had announced that it is dropping its EUR2.5 billion fund after difficulties. One of Europe's biggest private-equity firms, CVC Capital Partners Ltd.
